News
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The General Administration of Customs of China actively supports the addition of Vladivostok Port as an overseas transit port
The General Administration of Customs of China recently announced that Jilin Province has added the Russian port of Vladivostok as an overseas transit port, which is a mutually beneficial and win-win cooperation model among relevant countries. On May 6th, the General Administration of Customs of...Read more -
The “Russia Islamic World” International Economic Forum is about to open in Kazan
The International Economic Forum “Russia Islamic World: Kazan Forum” is about to open in Kazan on the 18th, attracting approximately 15000 people from 85 countries to participate. The Kazan Forum is a platform for Russia and Organisation of Islamic Cooperation member countries to str...Read more -
General Administration of Customs of China
General Administration of Customs of China: The trade volume between China and Russia increased by 41.3% year-on-year in the first four months of 2023 According to statistical data released by the General Administration of Customs of China on May 9th, from January to April 2023, the trade volum...Read more -
Media: China’s “the Belt and Road” initiative is increasing investment in high-tech fields
Based on the analysis of “FDI Markets” of the Financial Times, Nihon Keizai Shimbun said that the overseas investment of China’s “the Belt and Road” initiative is changing: large-scale infrastructure is decreasing, and soft investment in high-tech fields is increasi...Read more -
In April this year, China exported over 12500 tons of fruit and vegetable products to Russia through the Baikalsk Port
In April this year, China exported over 12500 tons of fruit and vegetable products to Russia through the Baikalsk Port Moscow, May 6 (Xinhua) – The Russian Animal and Plant Inspection and Quarantine Bureau announced that in April 2023, China supplied 12836 tons of fruits and vegetables to ...Read more -
Li Qiang talked over phone with Russian Prime Minister Alexander Mishustin
Beijing, April 4 (Xinhua) — On the afternoon of April 4, Premier Li Qiang had a phone conversation with Russian Prime Minister Yuri Mishustin. Li Qiang said that under the strategic guidance of the two heads of state, China-Russia comprehensive strategic partnership of coordination in the ...Read more -
The yuan’s trading volume in the Russian market may surpass that of the dollar and euro combined by the end of 2030
Russia’s Finance Ministry started market transactions in yuan instead of US dollar as early as 2022, Izvestia newspaper reported, citing Russian experts. In addition, about 60 per cent of the Russian state welfare fund is stored in renminbi to avoid the risk of Russian assets being frozen a...Read more -
Rubber Expo in Moscow, Russia
Exhibition introduction: 2023 tyres exhibition in Moscow, Russia (Rubber Expo), the exhibition time: April 24, 2023-04, the exhibition location: Russia – Moscow – 123100, Krasnopresnenskaya nab., 14 – Moscow exhibition center, the organizers: Zao Expocentr, Moscow International...Read more -
Well-known Chinese electrical home appliances brands to enter the Russian market
Marvel Distribution, a large Russian IT distributor, says there is a new player in Russia’s home appliance market – CHiQ, a brand owned by China’s Changhong Meiling Co. The company will officially export new products from China to Russia. Marvel Distribution will supply basic a...Read more -
Thousands of foreign companies are queuing up to leave Russia, waiting for approval from the Russian government.
Nearly 2,000 foreign companies have applied to quit the Russian market and are awaiting approval from the Russian government, the Financial Times reported, citing sources. The companies need permission from the government’s Foreign Investment Oversight committee to sell assets. Of the nearl...Read more -
The first shipping route linking China and northwestern Russia via the Suez Canal has been opened
Russia’s Fesco shipping group has launched a direct shipping line from China to St. Petersburg, and the first container ship Captain Shetynina set sail from the port of Rizhao in China on March 17. “Fesco Shipping Group has launched the Fesco Baltorient Line direct shipping service ...Read more -
Russia’s imports from China through the Wabaikal port have tripled this year
According to the General Administration of Customs for the Far East of Russia, since the beginning of this year, imports of Chinese goods through the Waibaikal port have increased by three times year-on-year. As of April 17, 250,000 tons of commodities, mainly parts, equipment, machine tools, ti...Read more