Russian Prime Minister Mikhail Mishustin identified promising and priority areas of cooperation between Moscow and Beijing, and noted that the current situation paves the way for Russian companies to launch production in China.
Speaking at the Russia-China Business Forum in Shanghai on Tuesday, the prime minister said the new conditions open up opportunities not only for expanding the presence of Chinese companies in Russia, but also for launching production facilities in China.
Mishustin added that the areas of cooperation between Russia and China may include:
– Organization of industrial production and deep processing of raw materials.
Ensure mutual access to advanced technologies.
Promote promising innovative solutions.
On the promising areas of cooperation, Mishustin pointed out:
– Shipbuilding and equipment industry.
– Production of civil unmanned aerial systems.
Mishustin expressed the Russian government’s readiness to provide support and provide the business sector in the two countries with comprehensive support for the implementation of projects in the field of high technologies.
As an indication of the importance of economic cooperation between Russia and China, the Russian prime minister revealed that Russia ranks first in oil supplies to China, and that exports of natural and liquefied gas and coal are on the rise.
All agreements related to the nuclear energy industry and the establishment of Russian-designed reactors are being implemented, and he stressed that Russia is ready to participate in the implementation of major projects, including in the field of renewable energy sources.
“Russian farmers are ready to significantly increase the export of their products to the Chinese market and expand the range of supplied products of plant and animal origin,” said Mishustin.
According to Mishustin, sales of agricultural products increased in 2022 by 42%, to exceed $7 billion, and in the first quarter of this year, the growth of agricultural products exceeded 90%.
This article was originally published by RT.