China Has Been Russia's Largest Trading Partner For 12 Consecutive Years(1)

According to data released by the Ministry of Commerce of China recently, the trade volume of goods between China and Russia in 2021 will reach 146.87 billion US dollars, a year-on-year increase of 35.9%. Facing the dual challenges of repeated global epidemics and sluggish economic recovery, Sino-Russian economic and trade cooperation has moved forward against the trend and achieved leapfrog development. During the Beijing Winter Olympics, the "New Year's Meeting" of the two heads of state injected more vitality into the development of Sino-Russian relations, planned a blueprint and guided the direction of Sino-Russian relations under the new historical conditions, and will promote the continuous transformation of high-level mutual trust between China and Russia For the results of cooperation in various fields, and effectively benefit the people of the two countries.

Cooperation results are better for people's livelihood

In 2021, the Sino-Russian trade structure will be further optimized, and the cooperation between the two countries in the fields of import and export commodity trade, infrastructure investment and construction will be more grounded, and a series of results that can be seen, touched and used by the public will be achieved. Let the people of the two countries enjoy the dividends of the development of Sino-Russian economic and trade relations.

Last year, the trade volume of mechanical and electrical products between China and Russia reached 43.4 billion US dollars. Among them, China's exports of automobiles, home appliances and construction machinery to Russia have maintained rapid growth.