HomeRussiaRussian and Chinese deputy prime ministers discuss cooperation in priority economic sectors

Russian and Chinese deputy prime ministers discuss cooperation in priority economic sectors

Deputy Prime Minister of Russia Dmitry Chernyshenko and Vice Premier of the State Council of the People’ Republic of China Hu Chunhua held, via videoconference, the 25th meeting of the Russia-China commission to prepare regular meetings of heads of government.

The 25th meeting of the Russia-China commission to prepare regular meetings of the heads of government

Among the topics discussed were trade and economic cooperation,
science, technology, finance, banking, customs, and transport, as well as cooperation
in industry, agriculture, outer space, peaceful use of nuclear energy, ICT,
environmental protection, construction, and urban administration.

Dmitry Chernyshenko noted that this year marked the 20th
anniversary of signing the Russian-Chinese Treaty of Good-Neighborliness and
Friendly Cooperation, which laid a solid foundation for the stable, consistent development
of bilateral relations in all areas. China is a key trading partner for Russia.
In 2020, China’s share in Russia’s foreign trade amounted to 18.3 percent. The
deputy prime minister thanked his colleagues for helping to supply Russia with
medical oxygen and expressed his hope that relevant cooperation and well-coordinated
work would continue.

“The promotion of the equal, trust-based partnership
and strategic cooperation with China is a priority of the Russian foreign
policy. Last year bilateral trade slightly dropped to $104 billion due to the
pandemic, but over the first 10 months of this year it grew almost one third
and exceeded $109.7 billion. We have every chance to reach the highest level in
our history by the end of the year. Now our main task is to maintain this positive
trend. In addition, we have fulfilled our leaders’ instructions to develop
together the roadmap to increase our trade in goods and services to $200
billion by 2024,” Dmitry Chernyshenko said.

In his turn, Vice Premier of the State Council of the People’s
Republic of China Hu Chunhua noted that the two countries’ efforts were aimed
at implementing joint agreements. Tangible results of the comprehensive
cooperation between Russia and China can already be seen, for example, in the
large steps that have been taken in the fields of trade and agriculture
cooperation.

The 25th meeting of the Russia-China commission to prepare regular meetings of the heads of government

In his report, Russian Deputy Economic Development
Minister Vladimir Ilyichyov stressed the effectiveness of Russia and China’s
joint efforts within the bilateral mechanism to identify barriers and
restrictions in trade, the economy and investment: “This mechanism proved its
worth and offers specific practical solutions in agriculture, transport,
finance and certification. It also helps providing targeted support to the two
countries’ businesses.”

At the meeting, the sides noted how important the
joint efforts were to create a secure mobile operation system as a platform for
applications and services. An agreement has been reached on cooperation to
expand uses of Aurora, a Russian operation system, as well as on building an
ecosystem with open source code for applications from the leaders of the
Chinese IT industry.

Successful work on environmental protection carried
out in the two countries’ border regions was also noted, in particular, their
efforts to monitor the quality of Russia and China’s cross-border waters in
order to protect populations of unique animal species.

“I believe that today’s meeting will serve as an
important contribution in the successful organisation of another meeting
between the heads of state and will promote further practical cooperation in
all areas,” Dmitry Chernyshenko added.

Taking part in the meeting on the Russian side were
representatives of the Ministry of Agriculture, Ministry of Natural Resources,
Ministry of Science and Higher Education, Ministry of Industry and Trade, Ministry
of Digital Development, Communications and Mass Media, Ministry of Economic
Development, Ministry of Transport, Federal Customs Service, Bank of Russia,
and the Rosatom and Roscosmos state corporations; on the Chinese side:
representatives of the Ministry of Commerce, Ministry of Transport, Ministry of
Science and Technology, Ministry of Ecology and Environment, Ministry of
Housing and Urban-Rural Development, Ministry of Agriculture and Rural Affairs,
Ministry of Industry and Information Technology, National Energy Commission,
People’s Bank of China, General Administration of Customs, and the China
National Space Administration.

Source

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