Published on: 2026-05-21
Source: People’s Republic of China in Russian –
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Beijing, May 21 /Xinhua/ — From January to April 2026, the volume of trade between China and Russia increased by 19.7 percent year-on-year, reaching 85.2 billion dollars. The USA, which set a favorable start for trade development this year, was reported on Thursday by the official representative of the Ministry of Commerce of the PRC, Ya Dun, at the latest departmental press conference.
He noted that the volume of trade between the two countries has already exceeded 200 billion dollars for three consecutive years. USA.
The Ministry of Commerce of the People’s Republic of China and the relevant Russian agencies have signed documents on cooperation in the field of trade and support of multilateralism, said He Yadun, adding that both sides are ready to continue strengthening interaction on economic and trade policy issues, create new growth drivers with the help of productive forces of a new quality, and contribute to the improvement and modernization of trade in goods and services.
According to him, the updated version of the China-Russia Agreement on Encouragement and Mutual Protection of Investments has already officially come into force, the level of bilateral cooperation in the field of investments and production and supply chains is continuously increasing, and interregional interaction continues to deepen.
According to He Yadun, the Ministry of Commerce of the PRC will conscientiously implement the important consensus reached by the heads of the two states and promote the improvement of the quality and level of bilateral trade and economic cooperation.
Both countries will also strengthen cooperation in multilateral and regional affairs, jointly contributing to the protection of a fair and reasonable international economic order, he added. -0-
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