Russian Firms Start Preparing the Ground for Next China Import Expo
Xu Wei
DATE:  Mar 20 2019
/ SOURCE:  yicai
Russian Firms Start Preparing the Ground for Next China Import Expo Russian Firms Start Preparing the Ground for Next China Import Expo

(Yicai Global) March 20 --  Russian companies are keen to deepen trade cooperation with China and  many of them, including Russian Railways, have already applied to  participate in the upcoming China International Import Expo this year. 

Over 100 officials and  entrepreneurs from Russia and China participated in the second CIIE's  promotional event, held at Moscow's International Trade Center  yesterday, state-backed Xinhua News Agency reported. 

The CIIE has become a  large platform to enhance China-Russia economic and trade cooperation, a  Chinese official said at the event.

The two nations' bilateral  trade volume exceeded USD100 billion last year, heading for USD200  billion, said Li Jingyuan, economic and commercial minister-counselor at  the Chinese embassy in Russia.

Russia-China trade is in a  critical development stage, in both quantity and quality, and the CIIE  is a great opportunity for Russian firms to promote their products and  build as well as develop ties with their Chinese counterparts, said Igor  Zhuk, senior vice president of Moscow's Russian Export Center.

One of the participants  was from Russia Flower which makes colored tree bark that can be used to  cover soil in order to curb weed growth. The firm is very optimistic  about the potential of the Chinese market, its senior executive told  Xinhua. 

Over 100 Russian firms,  involving various sectors such as agriculture, medical equipment,  high-tech and service trade, took part in last November's CIIE in  Shanghai with their exhibition area exceeding 2,500 square meters.

Editor: Emmi Laine 

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Keywords:   Russia,CIIE,China Import Expo,Trade