China-Russia economic ties enhanced by trade and big projects

1. Trade relations overview

China has been Russia's biggest trade partner for past six years. Russia, meanwhile, is one of China's largest suppliers of energy and electro-mechanical and high-tech products. The structure of bilateral trade has been optimized with boom in traditional cooperation sectors and development in new trade platforms.

China-Europe freight train departs from Nanjing, capital city of Jiangsu province to Moscow on its debut journey on June 29, 2016. [Photo/Xinhua]

The bilateral trade between the two countries in 2016 reached $69.5 billion. The volume has exceeded $54 billion during the first eight months in 2017 with an annual increase of one third, according to visiting Russian Deputy Prime Minister Dmitry Rogozin during a preparation meeting for the 22nd regular meeting of Chinese premier and Russian prime minister in Chongqing, Oct 30, 2017.

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