Sino-Russian trade year gradually out of the shadow of the global financial crisis, to enter the fast recovery of growth stage. In this context, to explore new modes of cooperation, ensure that the economic and trade cooperation between the healthy and stable development, become present twenty-China Harbin international economic and trade fair (haqia) and Russia are consensus.
As the only listed and Russian heads Communiques of the exhibition, haqia Council since its inception in 1990, in promoting regional economic cooperation plays an important role. CIFIT attracted Vladimir Oblast, Chelyabinsk oblast, Primorye, Russia 12 States in the area of government officials and business people.
During this period of "Russia-business days", Russia and China 20 provinces participated in the mechanical and electrical, building materials, light industry, agro-thematic joint activities. As at 16 February, the two sides signed a total of 16 projects, totaling more than 13 billion, of which investment projects accounted for about 40%.
Vice Governor Sun Yao in Heilongjiang province, said the global financial crisis spread to the years of high growth of trade between China and Russia. In order to widen the area of cooperation, both sides should further promote trade, investment and technology, the effective cooperation and docking, from trade-based steering investment and trade.
Russia's business representatives tsyplakov, Sino-Russian trade grow beyond Russia's expectations. However, emerging from the crisis will be a "long and winding" process, the parties to promote investment cooperation contributes to the common challenges and ensure the steady development of economic and trade cooperation.
Since the beginning of this year, the Sino-Russian economic and trade cooperation showed strong recovery in growth trend. The Chinese Ministry of Commerce officials believe that the two leaders made 2010 bilateral trade for 60 billion development goals to be achieved.
According to statistics, from January to May this year, China and Russia reached 210 billion, an increase of 56 per cent. Among them, China and Russia export 93.2 billion, growth of 54%, Russia imported $ 116.9 billion, up 57 percent.
China Commerce Secretary Assistant CHOW hung said that China and Russia 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.
In 2009, the two heads of formal ratification of the northeast of China and the Russian Far East and Eastern Siberia cooperation planning platform for Heilongjiang province and the Russian Far East and Siberia to further deepen friendly exchanges and economic and trade cooperation brings new opportunities.
According to reports, local governments, businesses and financial institutions increased investment in infrastructure and in cross-border transmission, River, bridge, power station construction, port, resource development, wood processing, e-commerce etc has launched a number of economic and technical cooperation projects.
Tsyplakov appealed to two financial institutions for the business community to better play the role of "bridge". In his view, the two sides of the financial institutions should enhance communication for the enterprise to deliver timely information, and to create conditions to encourage investment and trade activities more use RMB and rubles.
He also pointed out that financial institutions should support Russian SMEs to enter the Chinese market, in addition to the energy resources of the areas of cooperation. This will lay the foundations for economic and trade cooperation between China and Russia are more solid foundation.
Cooperation between Chinese and Russian banks after nearly 20 years of development, after the financial crisis, dramatic changes have occurred. China and Russia Bank cooperation has "become a unilateral initiative" to "positive" each other, the better the overall cooperation posture. Nevertheless, the financial community, due to the Russian side individual banks are not familiar with international practice, Chinese related foreign exchange policy uncertainty and mutual cooperation form a single, bilateral cooperation between banks have a certain impact effect.
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