Xinhua News Agency, Beijing, January 10th, the reporter learned from the Ministry of Commerce on the 10th that as of mid-December 2018, the trade volume between China and Russia has exceeded 100 billion US dollars, a record high.
On the 10th, the Ministry of Commerce spokesperson said at the regular press conference held by the Ministry of Commerce on the same day that 2018 can be said to be a veritable "year of achievement" in Sino-Russian economic and trade cooperation. Under the strategic guidance and personal promotion of the two heads of state, Sino-Russian bilateral economic and trade cooperation has achieved new breakthroughs in scale and quality.
According to preliminary statistics from China, as of mid-December 2018, the trade volume between China and Russia has exceeded 100 billion U.S. dollars, a record high. At present, Sino-Russian trade growth ranks first among China's major trading partners. China continues to maintain Russia's position as the largest trading partner of Russia. Russia is China's tenth largest trading partner.
In addition to the breakthrough in the volume of Sino-Russian trade, the bilateral trade structure has also continued to optimize. According to data from the Ministry of Commerce, in the first 11 months of 2018, Sino-Russian trade in electromechanical and high-tech products increased by 15% and 29% respectively, and agricultural trade increased by 31%. The two sides also actively promoted new trade growth such as e-commerce and service trade. point.
According to the introduction of the peak, the cooperation between the two sides in strategic large projects has achieved remarkable results, especially in the energy, nuclear, aerospace, and cross-border infrastructure sectors, including the Arctic development, digital economy and other emerging areas.
Local cooperation has gone deeper and deeper. Through the first China International Import Expo, the Russian Oriental Economic Forum and other exhibition platforms, the two countries and enterprises deepen cooperation. The system has continued to advance, and the two sides formally signed the "China-Eurasia Economic Union Economic and Trade Cooperation Agreement", successfully completed the joint feasibility study of the Eurasian Economic Partnership Agreement, and multilaterally in the WTO, the BRICS, the SCO, the G20, etc. Maintain close communication and coordination within the framework, support and maintain the multilateral trading system, and promote the construction of an open world economy.
2019 is the 70th anniversary of the establishment of diplomatic relations between China and Russia. Gao said that the development of Sino-Russian bilateral relations will usher in a new historical opportunity. China is willing to work with Russia to push bilateral economic and trade relations to a larger, deeper and higher level and to develop a comprehensive strategic partnership for the two countries. Inject new power into the new.
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