Premier says China and Russia should work to double their trade

By ZHOU JIN | chinadaily.com.cn
Updated: March 15, 2019

China and Russia need to make use of all possible means to keep the $100 billion two-way trade stable and work further to double it, Premier Li Keqiang said on Friday.

Bilateral trade exceeded $100 billion last year for the first time despite the downturn in global trade growth, which shows that there is still a great deal of untapped potential in China-Russia cooperation, Li said at a news conference after the annual legislative session concluded.

China and Russia are each other's biggest neighbors, he said, adding that bilateral ties have reached a very high level featuring deepening mutual political trust and growing people-to-people exchanges.

The two countries could expand cooperation in areas like trade in commodities, cross border e-commerce, aviation and aerospace and also enhance exchanges at the sub-national level and between their peoples, Li added.

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