It can be expected that the start of constructive cooperation and rapid elaboration of a systemic trade and investment plan will give a new impetus to the development of economic and trade ties of China with Russia as well as with the EAEU at large.

If China and Russia can successfully align their national development initiatives with each other, they will be able to fully reveal the enormous hidden potential of mutual complementarity of their economies, which will not only be in the interest of developing China's western regions and Russia's Far East, but will also contribute to the economic recovery of Russia and economic transformation of China.

The quality of economic and trade cooperation between China and Russia has been constantly improving in recent years.

China has become the biggest trading partner to Russia and an important source of foreign investment in the country, while Russia is one of China's main sources of imports of energy and high technology.

Despite the impact of certain external factors and a reduction in overall trade volume in recent years, the scope and quality of bilateral trade have not decreased in any way, but rather increased.

Last year, China imported over 40 million tons of crude oil from Russia, a 28 percent increase from the previous year. China's imports of Russian industrial equipment and high-tech products grew by 32.1 percent and 34.2 percent, respectively.

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