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The Bilateral Trade Volume Between China And Russia Is Expected To Break $70 Billion This Year.

2011/8/31 13:46:00 44

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China And Russia Expect The First Break This Year

From 1 to July 2011,

China and Russia

The bilateral trade volume increased by 37.4% over the same period last year, reaching US $42 billion 200 million. It is expected to exceed US $70 billion for the first time this year.

It is reported that the fourteenth meeting of the sub committee on economic and trade cooperation between the Chinese and Russian Prime Ministers' meeting committee was held in Suzhou in August 26th, and Chinese Commerce Minister Chen Deming and the Minister of economic development of Russia jointly held the meeting in Nabi Ulin Aa.

The two sides agreed that the current Sino Russian economic and trade relations have basically overcome the impact of the international financial crisis, and are entering a fast growth and all-round way.

Development

The overall quality and level of the track have been significantly improved.

According to Chinese customs statistics, China and Russia in 2010

Trade

The amount is $55 billion 450 million, an increase of 43.1% over the previous year.

Among them, China exported 29 billion 610 million US dollars to Russia, an increase of 69% over the same period last year, and 25 billion 840 million US dollars from Russia, an increase of 21.7% over the same period last year.

Russia ranks eleventh among China's major trading partners.

In 2010, China's direct investment in Russia's non-financial sector was US $594 million, an increase of 43.8% over the same period last year.

China's actual use of Russian direct investment was US $34 million 970 thousand, an increase of 9.3% over the same period last year.

Senior officials from China and Russia said the two sides will continue their efforts in bilateral economic and trade cooperation.

structure

The adjustment and growth mode pformation will ensure that the bilateral trade volume proposed by the leaders of the two countries reached 100 billion US dollars in 2015 and reached US $200 billion in 2020.