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China-Russia trade in goods hit record high in first 10 months

Updated: Dec 3, 2021 Xinhua Print
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A staff member works at the Yongqing compressor station of the Changling-Yongqing section of the China-Russia east-route natural gas pipeline in Yongqing county, North China's Hebei province, Dec 3, 2020. [Photo/Xinhua]

Trade between China and Russia saw robust growth this year, with bilateral trade in goods reaching a record of $115.6 billion during the first 10 months, the Ministry of Commerce said Thursday.

China's direct investment in Russia grew 39.1 percent year-on-year during the period, MOC spokeswoman Shu Jueting told a press briefing.

China and Russia are actively negotiating an intergovernmental agreement on international lunar research station cooperation, Shu said, adding that the two sides have also made progress in deepening cooperation on industrial and supply chains, advancing cooperation in emerging areas, and strengthening multilateral cooperation in an all-round way.

Talking about the 26th regular meeting between Premier Li Keqiang and his Russian counterpart Mikhail Mishustin held via video link, Shu said the meeting injected new impetus into the development of China-Russia comprehensive strategic cooperative partnership in the new era.

The two sides will give further play to the intergovernmental cooperation mechanism, boost the development of bilateral economic and trade relations, and promote a broader and deeper level of bilateral cooperation in various fields, Shu said.

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