- 发布时间：2021-12-23 09:45
- 发布时间：2021-12-23 09:45
In the first 11 months of this year, China's bilateral trade with Russia totaled 843.41 billion yuan, up 24 percent year-on-year and exceeding the level of the whole of 2020, according to data released by the General Administration of Customs. Data show that from January to November, China's export to Russia was 384.49 billion yuan, up 21.9%; Imports from Russia reached 458.92 billion yuan, up 25.9%.
According to statistics, more than 70% of imports from Russia are energy products and minerals, among which imports of coal and natural gas are growing rapidly. Specifically, China imported 298.72 billion yuan of energy products from Russia in the first 11 months, up 44.2%; Imports of metal minerals and ore amounted to 26.57 billion yuan, up 21.7%, accounting for 70.9% of China's total imports from Russia in the same period. Of this, imported crude oil amounted to 232.81 billion yuan, up 30.9%; 41.79 billion yuan of imported coal and lignite, up 171.3%; 24.12 billion yuan of imported natural gas, up 74.8%; Iron ore imports totaled 9.61 billion yuan, up 2.6%. In terms of exports, China exported 76.36 billion yuan of labor-intensive products to Russia, up 2.2%.
Shu Jutting, spokesperson of the Ministry of Commerce, said at a regular press conference that in the first 11 months, Bilateral trade between China and Russia showed three highlights: First, the scale of trade reached a record high. In dollar terms, the trade volume of goods between China and Russia in the first 11 months of this year reached us $130.43 billion and is expected to exceed US $140 billion for the whole year, another record high. China will remain Russia's largest trading partner for the 12th consecutive year. Second, the structure continued to improve. In the first 10 months, the trade volume of mechanical and electrical products between China and Russia reached 33.68 billion US dollars, up 37.1%, accounting for 29.1% of bilateral trade and 2.2 percentage points higher than the same period last year. China exported us $1.6 billion of finished cars and US $2.1 billion of spare parts to Russia, up 206% and 49% respectively. China imported 15,000 tons of beef from Russia, 3.4 times that of the same period last year, making China the largest export destination for Russian beef. Third, new forms of business flourished. China-russia cross-border e-commerce cooperation has grown rapidly. Steady progress has been made in the construction of overseas warehouses and e-commerce platforms in Russia, and marketing and distribution networks have been constantly improved, which has contributed to the continuous growth of bilateral trade.
Since the beginning of this year, under the strategic guidance of the two heads of state, China and Russia have actively overcome the impact of the epidemic and boosted bilateral trade against the trend. Meanwhile, trade in agricultural products has continued to grow. This year, China's import of some agricultural products from Russia, including rapeseed oil and barley, has increased significantly. From January to November, China imported 304,000 tons of rapeseed oil and mustard oil from Russia, up 59.5 percent, and 75,000 tons of barley, up 37.9 times. In October, coFCO imported 667 tons of wheat from Russia into Heihe port, the first large-scale wheat import from Russia's Far East.
Shu said that going forward, China will continue to work closely with Russia to fully implement the consensus reached by the two heads of state and promote continuous quality and increase of bilateral trade. First, consolidate trade in traditional energy, minerals, agriculture and forestry commodities. Second, we will expand new growth areas such as digital economy, biomedicine, scientific and technological innovation, green and low-carbon development, and promote the development of mechanical and electrical products, cross-border e-commerce, and trade in services. Third, continue to deepen industrial and supply chain cooperation, promote soft and hard connectivity of infrastructure, and improve trade facilitation. Fourth, expand two-way investment and contract project cooperation to further boost trade growth.