Exporting to China 2026: Feeding the Middle Kingdom

Food products from the CIS (meat, grain, confectionery, honey) have become the quality benchmark for the Chinese middle class in

1. However, working with Chinese counterparties has its own financial peculiarities.

Barriers for Exporters in 2026

1. GACC Registration: A complex process for obtaining export licenses.
2. PRC Currency Restrictions: Chinese buyers often want to pay in 'internal' Yuan (CNY), which is difficult to move abroad without proper documentation.
3. Payment Delays: PRC bank document checks for sanction compliance can take up to 10 business days.

How Onex Assists Food Exporters?

• Direct Accounts in Chinese Banks: We accept payments from your buyers in CNY within China. This is the fastest way to receive money.
• CNY Conversion: We convert Yuan into your local currency and credit it to your account on the same day.
• Documentary Compliance: We help correctly structure the export contract so that Chinese currency control has no questions for your buyer.

What's Trending in China Now?

• Grains and Oilseeds: Record demand for sunflower oil and wheat.
• Frozen Products: Chicken paws and pork remain export leaders.
• Confectionery: Chocolate and biscuits are perceived as premium 'eco-friendly' products.

  Problem: Your Chinese buyer is ready to take the entire oil shipment but cannot send foreign currency (USD) due to internal bank limits. Agitation: Goods in the warehouse lose freshness while you lose profit. Solution: Use the Onex financial network. We will accept Yuan inside China and pay you in your local currency, saving the deal and your margin.

2027 Forecast

Specialized 'agro-payment' corridors between central banks are expected to launch, but Onex already provides a working alternative today.

References & External Insights

• Source: Payments Standards
• Source: Payments Standards