Sino-Russian trade up to 257 million in the first half of the year-over-year growth exceeding 50%

Yesterday, the representatives of Russian Embassy in Commerce · Sergey tsyplakov said that China-Russia bilateral trade volume in the first half of $ 257 billion, an increase of 51.6% and is expected to trade between the two countries as a whole is expected to reach $ 540 billion — 550.

Yesterday, in the Russia news service beijingxinwenzhongxin held briefing tsyplakov said that this year the first two quarters of Russia on China's export 139 billion, an increase of 45.6%, and the financial crisis, in 2008, compared to increase 11%; import 118 billion, an increase of 59%, but no recovery 2008 levels, to-17%. Russia's import and export growth rate is more than the first half of the China external trade speed 43.1%. With the second quarter of Russia's China's fastest-growing export, may increase to 91%, June growth to 84%.

Tsyplakov says that this year an excessively high growth, in addition to the two countries ' macroeconomic upturn, also in 2009, two countries trade is too low, and this year the price of raw product, and for example oil, aluminum prices 1.5 times, copper, nickel prices 1.8 times, Russia the total value of exports to China.

For annual trade volume, tsyplakov indicated that, because there are too many uncertainties, China's economic slowdown, the forecast cautious optimism for an estimated $ 540 billion — $ 55 billion. This is lower than the two leaders of 2005 reached 600 billion this year — 800 billion goal.