Nation’s trade with Russia grows fastest in first three quarters

Source:Global Times Published: 2018/10/25 18:28:41

In the first three quarters, among China's major trading partners, its trade with Russia has grown the fastest, Gao Feng, a spokesperson for the Chinese Ministry of Commerce (MOFCOM) told a press briefing on Thursday.

The bilateral trade volume between China and Russia has reached $77.15 billion in the first three quarters, growing 25.7 percent year-on-year.

And it is expected that the bilateral trade volume could reach $100 billion this year, setting a historical high.

Gao also added that China and Russia have made significant progress in the cooperation of strategic large-scale projects in the fields of energy, nuclear energy, aerospace and infrastructure.

Russia will participate as the guest honor country in the upcming China International Import Expo in Shanghai on November 5.

Posted in: ECONOMY,COMPANIES

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