Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Moscow, July 8 (Xinhua) — Chinese-Russian practical cooperation is constantly deepening, Chinese Ambassador to Russia Zhang Hanhui said in a written interview with the Rossiya Segodnya news agency on Tuesday on the sidelines of the 9th China-Russia EXPO, which is being held from July 7 to 10 in the Russian city of Yekaterinburg.
"Chinese-Russian practical cooperation in trade, energy, minerals, agriculture, etc. is constantly deepening. In recent years, new growth points in trade and economic cooperation have become the automotive industry, industrial parks and economic zones, digital economy and artificial intelligence," the ambassador noted.
Zhang Hanhui emphasized that under the strategic leadership of the heads of state, Chinese-Russian trade and economic cooperation maintains favorable development dynamics. He recalled that by the end of 2024, bilateral trade, having overcome the influence of numerous unfavorable factors, generally maintained the trend of stable growth with an increase in quality and again reached record levels. According to him, this fully demonstrated the sustainability and viability of Chinese-Russian trade and economic cooperation.
"Since the beginning of this year, China-Russia trade has been facing more complex external factors and pressures. But thanks to the joint efforts of both sides, bilateral trade has generally remained stable and its quality has continued to improve," the Chinese diplomat added, pointing out that the two sides will continue to strengthen coordination and interaction, and unleash the potential of cooperation to ensure stable growth of bilateral trade.
The PRC Ambassador to the Russian Federation noted that contacts between enterprises of the two countries are becoming increasingly close. “In recent years, Chinese companies, using emerging opportunities and positively assessing the prospects for the development of the Russian market, are actively satisfying Russia’s growing domestic demand, creating new jobs and contributing to the country’s socio-economic development,” he noted.
According to Zhang Hanhui, the updated bilateral agreement on the promotion and protection of capital investments signed in May was good news for the governments and business circles of China and Russia. The diplomat is confident that with the improvement of the business climate, more and more Chinese enterprises will enter the Russian market.
As the ambassador explained, the Made in Russia festival, which has already been held in China five times, attracts increased attention from Chinese consumers. Such well-known Russian products as chocolate, ice cream, honey and vodka are very popular with them. “In the future, we welcome the entry of new high-quality products with the Made in Russia brand into the Chinese market,” Zhang Hanhui added.
Speaking about cooperation between China and Russia in the gas sector, he stressed that this cooperation is developing successfully. The Chinese diplomat cited data according to which from January to May 2025, pipeline gas imports from Russia to China amounted to 16.14 billion cubic meters, which is 29.4 percent more than in the same period last year. “The eastern route of the Power of Siberia gas pipeline project is functioning stably and will reach its design capacity by the end of this year,” he said, noting that the relevant departments of the two countries are currently negotiating the Power of Siberia 2 gas pipeline project.
The Chinese diplomat also spoke about the strategic importance of developing the Northern Sea Route (NSR). He pointed out that in recent years, China and Russia have been actively developing cooperation in developing this route. Last year, a bilateral subcommittee on cooperation on the NSR was created, and the first meeting was already held, at which target indicators for cargo turnover were agreed. “The parties will implement the agreements reached in order to further advance cooperation in developing the NSR,” Zhang Hanhui assured.
The Ambassador believes that China and Russia should continue to work on developing logistics and transport corridors, unifying certification standards and simplifying trade procedures in the interests of creating a stable and favorable business environment. –0–
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