Regular meetings of the heads of governments of Russia and China traditionally remain in the shadow of events involving the leaders of our countries. But I would like to note that these events largely determine specific aspects of the economy, while the heads of states mainly determine the strategic directions of cooperation.
Mikhail Mishustin - prime minister of Russian Federation
Photo source: RIA Novosti / Alexander Astafiev
The 28th regular meeting of the heads of the governments of Russia and China was exceptionally rich in agreements and treaties, and it is no coincidence that its preparation took quite a long time and was thorough. I am not even talking about the joint communique, but rather about other key documents for business (although this document became an important signal of maintaining previous agreements and scaling them up, as well as about the common position of Moscow and Beijing on major global and regional issues). But if we talk about the most significant issues discussed during the meeting, it is the focus on expanding the scale of bilateral trade, optimizing the structure of trade turnover, finding new growth points, further simplifying trade procedures, joint guaranteeing the security and stability of production chains and supply chains, and promoting the qualitative development of bilateral trade.
Agreements to expand cooperation in the field of trade in services and strengthen cooperation in the field of digital economy, education, information technology, business services, transportation, logistics, and exhibition activities are also important. I would like to emphasize the focus on cooperation in the field of intellectual property protection, trade in agricultural products, and investment cooperation, as well as the exploration of opportunities for the widespread implementation of unmanned transport in bilateral trade.
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Vitaly Mankevich - Chairman of the Russian-Asian Union of Industrialists and Entrepreneurs (RAUIE)
I have high expectations for the further work of the parties to improve legislation, for example, in the area of border crossing points - most likely, a new agreement will be reached. Immigration legislation will also be improved, which is extremely important for cross-border cooperation, where businessmen and their staff require constant crossing of state borders, which presents certain difficulties. I would like to separately note the agreement to build the "China-Mongolia-Russia" economic corridor. Unfortunately, Mongolia has somehow been left out of our cooperation all this time, and there is still a huge potential for its integration into trade.
There were many important agreements in the field of customs. The growth of trade turnover already affects the work of customs authorities, and it will continue to do so, which means that preparations need to be made. These are just the main issues I have mentioned, but there were many others related to technological cooperation, culture and education, cooperation within BRICS and SCO, joint production, etc. Even if a portion of these agreements are implemented in the foreseeable future, our countries can expect a qualitative improvement in trade, economic, and investment relations.
Photo source: RIA Novosti / Alexander Astafiev
The 28th regular meeting of the heads of the governments of Russia and China was exceptionally rich in agreements and treaties, and it is no coincidence that its preparation took quite a long time and was thorough. I am not even talking about the joint communique, but rather about other key documents for business (although this document became an important signal of maintaining previous agreements and scaling them up, as well as about the common position of Moscow and Beijing on major global and regional issues). But if we talk about the most significant issues discussed during the meeting, it is the focus on expanding the scale of bilateral trade, optimizing the structure of trade turnover, finding new growth points, further simplifying trade procedures, joint guaranteeing the security and stability of production chains and supply chains, and promoting the qualitative development of bilateral trade.
Agreements to expand cooperation in the field of trade in services and strengthen cooperation in the field of digital economy, education, information technology, business services, transportation, logistics, and exhibition activities are also important. I would like to emphasize the focus on cooperation in the field of intellectual property protection, trade in agricultural products, and investment cooperation, as well as the exploration of opportunities for the widespread implementation of unmanned transport in bilateral trade.
Vitaly Mankevich - Chairman of the Russian-Asian Union of Industrialists and Entrepreneurs (RAUIE)
I have high expectations for the further work of the parties to improve legislation, for example, in the area of border crossing points - most likely, a new agreement will be reached. Immigration legislation will also be improved, which is extremely important for cross-border cooperation, where businessmen and their staff require constant crossing of state borders, which presents certain difficulties. I would like to separately note the agreement to build the "China-Mongolia-Russia" economic corridor. Unfortunately, Mongolia has somehow been left out of our cooperation all this time, and there is still a huge potential for its integration into trade.
There were many important agreements in the field of customs. The growth of trade turnover already affects the work of customs authorities, and it will continue to do so, which means that preparations need to be made. These are just the main issues I have mentioned, but there were many others related to technological cooperation, culture and education, cooperation within BRICS and SCO, joint production, etc. Even if a portion of these agreements are implemented in the foreseeable future, our countries can expect a qualitative improvement in trade, economic, and investment relations.
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