Xinhua News Agency, Beijing, December 2 (Reporters Yu Jiaxin and Wang Yuxiao) According to data from the Ministry of Commerce on the 2nd, Sino-Russian trade has grown strongly since the beginning of this year. The bilateral trade in goods in the first 10 months reached 115.6 billion U.S. dollars, surpassing last year. The annual scale hit a record high.
A few days ago, the Chinese and Russian prime ministers held the 26th regular meeting by video. The spokesperson of the Ministry of Commerce Shu Jueting said at a regular online press conference on the 2nd that the meeting between the two prime ministers has injected new impetus into the development of the China-Russia comprehensive strategic partnership in the new era, and has achieved positive results in five aspects of economy and trade.
In continuing to promote the high-quality development of bilateral trade, the Ministry of Commerce and Russia have compiled and completed the “Roadmap for the High-Quality Development of China-Russia Trade in Goods and Services”, planning to achieve the goal of US$200 billion in bilateral trade between China and Russia. The two sides also agreed to promote the growth of cross-border e-commerce and service trade, improve the level of facilitation, expand access to agricultural products, and make good use of the exhibition platform.
In terms of continuing to promote investment and major project cooperation to achieve new breakthroughs, Shu Jueting said that in the first 10 months, China‘s direct investment in Russia increased by 39.1% year-on-year. The Sino-Russian economic and trade authorities are studying the feasibility of upgrading the Sino-Russian investment agreement. The two sides are still actively negotiating an intergovernmental agreement on cooperation with international lunar research stations.
In addition, the two parties have also achieved positive results in promoting the in-depth development of industrial chain supply chain cooperation, actively advancing cooperation in emerging fields, and comprehensively strengthening cooperation in multilateral fields, including further deepening of upstream and downstream cooperation in the fields of energy and minerals, agriculture and forestry development, industrial manufacturing, and information communications. , Promote the mutual establishment of electromechanical and other types of industrial parks. The two parties agreed to further strengthen cooperation in technological innovation, create new growth points such as 5G, biomedicine, green and low-carbon, and smart cities, and jointly compile a roadmap for Sino-Russian cooperation and development in the Russian Arctic.
Shu Jueting said that in the next step, China will work with Russia to fully implement the important consensus reached by the two heads of state and the results reached during the meeting between the two prime ministers, further give full play to the role of the intergovernmental cooperation mechanism, and promote bilateral economic and trade relations and practical cooperation in various fields. Towards a larger, broader, and deeper level of development, we will continue to consolidate and deepen the connotation of the comprehensive strategic partnership of cooperation between China and Russia in the new era.Return to Sohu to see more
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