Russian Prime Minister Mikhail Mishustin emphasized the need for Russia and China to combine resources to produce goods that are both competitive in price and strong in quality. He spoke about this at the Russian-Chinese forum in Shanghai, highlighting a shared priority on industrial and technological collaboration. Mishustin noted that bringing together capabilities from both countries will help create products that meet the needs of industries and everyday consumers alike, making them more accessible and affordable through cooperative effort.
The Prime Minister underscored that active collaboration in this sector can drive tangible outcomes. He pointed to the strategic value of aligning research, manufacturing, and supply chain strengths to accelerate innovation and reduce costs. By pooling expertise and equipment, the two nations can shorten development cycles and improve the competitiveness of high-tech and consumer goods on global markets.
As the head of government, Mishustin highlighted the potential for substantial gains from intensified Russia-China cooperation in technology and industry. The initiative, he explained, aims to foster closer ties between enterprises, research institutes, and regulatory bodies to streamline processes, share best practices, and scale up successful pilots into broad market applications.
During his visit to China, Mishustin became the Russian prime minister for the first time in this role. The trip showcased a commitment to strengthening diplomatic and economic relations between Moscow and Beijing, with a focus on practical outcomes that support industrial growth and regional resilience.
In Shanghai, the prime minister planned engagements with the Russian business community to discuss investment climate, partnership opportunities, and policy support that could facilitate joint ventures. He was also slated to tour Sinopec Corporation’s Shanghai Petrochemical Research Institute, an event that underscored the importance of applied research in advancing energy, materials, and chemical technologies. The plenary session of the Russian-Chinese business forum provided a platform to share visions for deeper economic collaboration and more robust trade ties, benefiting manufacturers and consumers across both countries and beyond.