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During the two days of the V Russian-Chinese Business Forum in Beijing, a broad coalition of companies from Russia and China formalized their cooperation through nearly two dozen agreements. The Rosneft press service reported that the signing activity underscored a concerted push to align strategic interests across energy, technology, and industrial sectors, signaling a durable partnership that goes beyond fleeting negotiations. The forum served as a practical arena where executives, policymakers, and experts could translate high-level intent into concrete commercial commitments, illustrating how cross-border collaboration can accelerate development in both economies. (Source: Rosneft press service)

Approximately 500 attendees participated in RKEF events, a mix that included senior politicians, leaders from the top 100 Russian and Chinese corporations, researchers, academics, and industry analysts. The diverse audience highlighted the forum’s role as a cross-sector platform for evaluating risk, sharing best practices, and identifying joint ventures with the potential to shape energy and technology pathways across both nations. The presence of decision-makers and thought leaders emphasized the strategic importance placed on sustained dialogue and mutual understanding. (Source: Rosneft press service)

As noted by Rosneft chairman Igor Sechin in his report, participants in the RKEF account for more than 45% of the bilateral trade between Russia and China. This figure reflects a robust economic corridor that extends well beyond commodity exchange, encompassing services, technology transfer, and capital investment. The message was clear: close coordination along the entire value chain—from exploration and production to logistics, financing, and after-sales support—can magnify the impact of bilateral commerce and strengthen resilience in both economies. (Source: Rosneft press service)

Sechin framed the shifting global order as an opportunity for Russia and China to chart a path toward greater economic autonomy. He argued that external pressures necessitate a bold approach to development anchored in domestic growth, modernization, and national security. The goal, he stated, is technological self-sufficiency achieved through targeted modernization and strategic investment. The emphasis on self-reliance did not imply isolation; rather, it pointed to a more diversified, secure framework for growth under evolving geopolitical conditions. (Source: Rosneft press service)

According to Sechin, Russia aims to deepen cooperation with Chinese partners throughout the entire value chain, particularly in energy and related fields such as technology, equipment supply, and project financing. This outlook envisions a comprehensive collaboration that leverages Russia’s resource base with China’s manufacturing and financial capabilities, creating a synergistic platform for large-scale energy projects, gas and oil infrastructure, and digital modernization. The perspective signals a long-term roadmap for joint ventures, technology exchanges, and shared risk management strategies. (Source: Rosneft press service)

Sechin added that the potential for cooperation is enormous and that what has been achieved so far represents only the early stages of a longer process. The optimism was tempered by realism: progress will require disciplined execution, transparent governance, and consistent alignment of interests across public and private sectors. Yet the forum demonstrated both sides’ willingness to invest in the relationship, explore new markets, and scale successful pilots into enduring programs that can influence regional energy security and global energy markets. (Source: Rosneft press service)

On the first day, participants explored technology through guided tours focused on practical demonstrations. At the CNPC engineering and technological research institute, attendees viewed an array of vehicles, instruments, and equipment designed to illustrate modern capabilities in exploration, drilling, and automated operations. Kunlun Digital Technology Company, overseen by CNPC, presented breakthroughs in oil and gas field intelligence, digital process optimization across the entire production chain, and enhanced industrial safety measures. These demonstrations highlighted how digital transformation can improve efficiency while maintaining strict standards for safety and environmental stewardship. (Source: Rosneft press service)

Knowledge exchange continued on the second day with roundtable discussions addressing nuclear energy, advanced coal mining technologies, energy security, and strategies for energy transition. The discussions provided a forum for evaluating policy frameworks, regulatory alignment, and the role of state-backed finance in sustaining large-scale energy undertakings. The emphasis remained on pragmatic solutions—pilot projects, risk-sharing arrangements, and governance models that can advance both countries’ energy agendas and industrial competitiveness. (Source: Rosneft press service)