trade cooperation: The trade cooperation of the two countries is speeding up, and continues to strive for high-quality development, Gao said, according to Global Times China. Li will visit Russia from Monday to Thursday, the Chinese Foreign Ministry announced earlier, and it is widely believed that his visit will further strengthen and broaden the China-Russia strategic partnership. Gao said the deals will include trade, investment, digital economy, agriculture, technology, aerospace and nucle-ar energy. Trade between China and Russia last year exceeded 100 billion, and China has remained Russia's largest trading partner for nine consecutive years, data from MOFCOM showed. Chinese investment has quickly increased, Gao said, adding the field has expanded from the traditional agri-cultural industry to auto, home appliances and food pro-cessing, and the methods of investing have turned to M&As or setting up funds. In the first eight months of the year, bilateral trade stood at 70 billion, 4.5 percent higher than last year.
(news.financializer.com). As
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Tagged under trade cooperation, trading partner topics.