Thursday, December 30, 2010

Bilateral trade is expected to realize 600 billion this year

China Commerce Secretary Assistant CHOW hung in the 21st haqia "Russia business day of the opening ceremony said, since the beginning of this year, the economic and trade cooperation between China and Russia again shows strong growth trend, the two leaders made 2010 bilateral trade for 60 billion development goals can be achieved this year.

CHOW hung said that China and Russia are the largest neighbours, 60 years of diplomatic relations, strategic partnership development, high-level exchanges close, pragmatic cooperation in all areas of a fruitful outcome. 2009, subject to the influence of the global financial crisis, the decline in trade between China and Russia. But this year, the economic and trade cooperation between China and Russia again shows strong growth trend.

According to reports, 1-5 months of this year, China and Russia reached 210 billion, an increase of 56 per cent. Among them, China to Russia export 93.2 billion, growth of 54%, Russia imported $ 116.9 billion, up 57 percent. At the same time, the mutual investment growth, trade finance, and Russian oil pipeline, tianwan nuclear power and other major projects in progress in cooperation, bilateral economic and trade cooperation continue to inject new vitality.

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