China and Russia deepen cooperation in agriculture
Chinese and Russian companies attending a regional conference in northeast China have signed a number of agreements on cooperation in different sectors.
This is reported by Reuters with reference to Chinese state media.
In particular, the countries plan to cooperate in the spheres of production and logistics, as well as e-commerce and agriculture.
China has called for strengthening cross-border communication with Russia and deepening economic cooperation despite Western disapproval. Northeast China is gaining new strategic importance as an area of bilateral relations.
In January-September, 40 Russian firms opened businesses in Liaoning, China’s national broadcaster reported. Liaoning’s shipments to Russia rose 82.3 percent in the first nine months from a year earlier to 42.64 billion yuan ($5.83 billion).
In March, a new cargo hub for China-Europe freight trains was put into operation in Shenyang, with a train carrying 55 containers traveling to Russia for the hub’s grand opening.
In May, Chinese customs said that from June, landlocked Jilin province will be able to use Vladivostok, the largest port in the Russian Far East, to deliver goods to Zhoushan and Jiaxing in eastern China’s Zhejiang province, reducing costs and transportation time.
Read also
China’s hog sector crisis weighs on future corn and soybean meal demand
Vietnam expands soybean crushing and will raise imports to 4 mln tons
Freight costs for Sri Lankan coconut oil exporters surge fivefold
Baltic Sea Region: Focusing on grain & oilseed potential, exports, logistics
Chile’s blueberry exports to rise for third consecutive year on new varieties
Write to us
Our manager will contact you soon