Chinese premier sees great potential in trade cooperation with Russia

15.03.2017

The development of the Russian-Chinese relations will affect the situation in the world favorably, Chinese Premier Li Keqiang says

Sharp increase in bilateral trade between Russia and China early this year shows that the two economies can complement each other and there is a huge untapped potential of this cooperation, Chinese Premier Li Keqiang told reporters on Wednesday.

"In the first two months of this year, the trade turnover significantly grew, and this shows a great potential of our trade relations and high complementarity of our economies," the Chinese premier said.

"The healthy and stable development of the Russian-Chinese relations has a positive impact on the region and the world as a whole," he said.

The trade turnover between Russia and China in the first two months of the current year grew by 28.8%, year-on-year, to $11.58 billion, China’s General Administration of Customs said in a report published on Wednesday.

Export from China to Russia grew by 14.9% to $5.42 billion, and import of Russian goods to China in January-February grew by 44.3% to $6.15 billion. The trade turnover between Russia and China in 2016 grew by 2.2% to $69.52 billion.


tass

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