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Sino-Russian economic bond to further develop

2013-03-22 15:33 CRIENGLISH.com     Web Editor: Wang Fan comment

Chinese President Xi Jinping's upcoming visit to Russia has got Russian businessmen in China hoping for economic ties to further between the two countries.

"It is not my first time to come to China, not the first time to do business with China. The order I made this time is around 500 thousand U.S. dollars."

"The import tariff is not high, so we buy products manufactured in China, and their qualities are good."

"The trade between China and Russia is mutually-supportive. To do business in China has a great potential in the future market."

Bilateral trade hit a record high of more than 88 billion U.S. dollars last year, marking an increase of 11 percent from a year earlier.

Feng Yujun, the head of the Institute of Russian Studies, says now is the best time to develop China-Russia relations.

"With the new round of international competition now underway, how to further explore the complimentary elements in the two countries' economy will be one of the most significant directions in the future Sino-Russian relations. We need to make full use of the two countries' advantages in such fields as resources, technology and manufacturing to achieve mutual development."

People-to people exchanges have also witnessed great leaps, with the number of Chinese tourists visiting Russia reaching 343 thousand for the last year, up 47 percent from 2011.

Russia has also declared 2013 as the Chinese Tourism Year.

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