MOSCOW TIME: 17.08.2022 01:07:21


China plans to cooperate with Russia in internet trade, space and aircraft industry

China plans to cooperate with Russia in internet trade, space and aircraft industry

Chinaís authorities intend to develop cooperation with Russia in the sphere of internet trade, space and aircraft industry to double the volume of bilateral trade, increasing it to $200 billion, Premier of the Peopleís Republic of China Li Keqiang told TASS.

"We should work together to further extend the spheres of bilateral cooperation. We will continue to develop cooperation in the sphere of trade, in particular strengthen cooperation between small Russian and Chinese entities, build up cooperation in internet commerce, space and aircraft industry, as well as build up exchanges between the nations of the two countries," Li Keqiang stated.

"Russia and China should take all the necessary measures to chiefly provide a stable volume of bilateral trade of $100 billion and to double it in the future," Li Keqiang said.

According to the statistics provided by China’s General Administration of Customs, the volume of trade between Russia and China for January-February increased by 1.7% year-on-year, reaching $16 billion: exports from China to Russia for the specified period decreased by 4.8% and stood at $7.07 billion. The import of Russian goods and services to China increased by 7.5%, reaching $8.97 billion.

The trade turnover between Russia and China increased by 2.2% year-on-year, up to $69.52 billion, for 2016. In 2017, this indicator increased by 20.8%, reaching $84.07 billion. In 2018, it increased by 27.01%, exceeding $107 billion.

The news conference was held after the end of the second session of the 13th National People's Congress.

A source: TASS


China Russia internet trade space aircraft

Share this:

Share this Share this Share this
† †


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russiaís trade turnover with African states up 17% in 2018

Russiaís trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...



18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education

03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners