MOSCOW TIME: 18.11.2019 04:57:20

Export/Import

Russia, China to reach $200 bln worth of trade turnover by 2024

Russia, China to reach $200 bln worth of trade turnover by 2024

Moscow and Beijing have set the target of boosting trade turnover to $200 bln by 2024, Chinas new Ambassador to Russia Zhang Hanhui told reporters.

According to the figures provided by China’s General Administration of Customs, trade turnover between Russia and China increased by 4.7% in January-July period of 2019 year-on-year to $61.13 bln.

The growth trend emerged in 2016 when Russia-China trade turnover gained 2.2% in annual terms to $69.52 bln. In 2017, it surged by 20.8% year-on-year to $84.07 bln, while in 2018 it added 27.1% to over $107 bln.

Source:TASS

:

Russia China Trade Export Import

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