China plans to expand cooperation with Russia in one of the areas

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China plans to expand cooperation with the Russian Federation at all stages of production. In an interview about this RIA News said Zhang Hanhui, Ambassador of the People’s Republic of China to the Russian Federation.

“China expects to expand cooperation along the entire energy value chain,” he said in a statement ahead of the 28th ordinary meeting of the heads of government of Russia and China.

Zhang Hanhui emphasized that “in the face of fluctuations in the global energy market and external risks and challenges,” Beijing and Moscow adhere to the principles of mutual trust and mutual benefit. The ambassador noted that China and Russia contribute to global energy security by constantly increasing cooperation in the energy sector.

Before that, Russian Deputy Prime Minister Dmitry Chernyshenko said that by 2030, Russia and China plans to increase Stating that the trade turnover increased to 300 billion dollars, the Deputy Prime Minister also announced that the trade turnover between Russia and China exceeded 201 billion dollars for the 11 months of 2023.

Previously the Russian government appreciated Increase in agricultural exports to China.

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