Business programme

Russia–China

15 Jun , 15:00–16:15
Business Dialogue
Pavilion F, conference hall F1

Russia–China relations have experienced healthy development this year. In 2022, bilateral trade between the two countries reached an all-time high of $190.271 billion, representing a year-on-year increase of 29.3%. China has consistently remained Russia's primary trading partner for 13 consecutive years. Furthermore, the volume of bilateral trade continues to grow, with the scope expanding beyond traditional areas like energy, forestry and agriculture to include many new sectors such as automobiles, household appliances, and food processing. Trade volume saw a steady increase to $53.846 billion in the first quarter of 2023, an increase of 38.7% compared to the same period a year prior. Projects centred around "mutual communication and interconnectivity" have contributed to the well-being of the population. Russia has announced plans to increase grain exports to China through the "Russia-China New Land Grain Corridor," while China has added the port of Vladivostok as a transit port for domestic trade goods. The Blagoveshchensk–Heihe Bridge, the first road bridge connecting Russia and China, and the Tongjiang–Nizhneleninskoye Railway Bridge, the first railway bridge linking the two nations, are now open for traffic. Bilateral cooperation continues to display new areas of growth. Russia-China interregional cooperation activity remains strong, with emerging opportunities for cooperation in many areas, such as information technology, cross-border e-commerce, digital economy, and biopharmaceuticals. At the beginning of the year, the heads of Russia and China signed the "Joint Statement on the Plan to Promote the Key Elements of Russian-Chinese Economic Cooperation until 2030", which identified eight priority areas for collaboration. How can the central authorities, regional administrations, enterprises, and industry associations of Russia and China effectively showcase their capabilities and stimulate the development of cooperation in these eight areas? In the context of a multipolar world and a new macroeconomic landscape, as well as amidst the opportunities and challenges in finance, logistics and other sectors, how can we continue to use existing models while promoting broader, more diversified and deeper cooperation between the two countries?

Moderators
Kirill Babaev, Director, Institute of China and Modern Asia of the Russian Academy of Sciences; Deputy Chairman of the Presidium, National Committe on BRICS Research
Zhou Liqun, Chairman, Union of Chinese Entrepreneurs in Russia

Panellists
Oleg Belozerov, Chief Executive Officer – Chairman of the Executive Board, Russian Railways
Alexey Gruzdev, Deputy Minister of Industry and Trade of the Russian Federation
Eugeny Markin, Executive Director, Russian-Chinese Business Council
Boris Mordovkin, General Director, Production and Construction Company Sakhalin
Vladimir Padalko, Vice President, Chamber of Commerce and Industry of the Russian Federation
Andrey Severilov, Chairman of the Board, FESCO
Vladimir Solodov, Governor of Kamchatka Territory
Zhang Hanhui, Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the Russian Federation
Ren Hongbin, Chairman, China Council for the Promotion of International Trade; Chairman, Chinese-Russian Business Council (online)
Dai Hegen, Chairman of the Board of Directors, China National Chemical Engineering Co Ltd
Alexey Chekunkov, Minister of the Russian Federation for the Development of the Far East and the Arctic
Hu Zhirong, Chairman of the Board, Kai Xin Rong Group Co Ltd
Zhang Yu Jing, President, China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) (online)

Front row participants
Dmitry Prokhorenko, Director Development Overseas Network, Russian Export Center
Sergey Sanakoev, Deputy Chairman, Russian-Chinese Friendship Society; Deputy Chairman, Russian Part of the Business Council of the Far East of the Russian Federation and the North-East of the People's Republic of China; Member of the Russian International Affairs Council (RIAC)

Broadcast