Present Situation And Prospect Of Sino-Russian Economic And Trade Relationship

The year 2006 is China's "the Russian year".This will enable more Chinese people understand Russia and further develop the traditional friendship and cooperation between the two peoples. Econmic and Trade activity is an important component of "the Russian year".the two countries will promote mutual exchanges in economic and trade fields by organizing activities, then more Chinese entrepreneurs can better understand the Russian exports, investment and research, Russia also enable entrepreneurs to better understand China's market potential and characteristics.Sino-Russian economic and trade relations have become a increasingly important part of the world economy . how to deal with Sino-Russian economic and trade and promote Sino-Russian economic and trade relations, This will not only affect the economic development of China and Russia, but have a far-reaching impact for the world economy.The article is divided into four parts.The first part introduced the status and characteristics of Sino-Russian economic and trade relations. According to the customs statistics, Sino-Russian trade in 2006 amounted to 33.39 billion U.S. dollars, growth of 14.7% Compared to 2005. an increase of 22.4 % drop, lower than the country's overall foreign trade increased by 9%. Among them, China's exports to Russia is 15.83 billion U.S. dollars, an increase of 19.8%, China's imports from Russia is 17.56 billion U.S. dollars, an increase of 10.5%. Russia is China's eighth largest trading partner. China is Russia's fourth largest trade partner. Sino-Russian trade has been in a maintain rapid growth in the economic and trade field for six years; Then this part summed up the characteristics of Sino-Russian economic and trade relations. there are strongly complementary characteristics in science, technology, energy, and labor resources. Although economic and trade relations between China and Russia in recent years have seen rapid development, but it is significantly smaller for the two countries both from the trade or from the volume of mutual investment compared with the two international economic status. Russia, as the world's largest economies in transition, is increasingly becoming the enormous potential market in the world, which is a new markets especially the Western countries and multinational concerns. with a vast territory, abundant natural resources, industrial infrastructure , strong technological strength, and a higher quality of the people ,Russia is complement with our talent of resources and the pattern of the industrial nature. So development of trade relations between Russia and China is of great strategic significance to development of the national economy on the long-term.The second part analyzed the issue of Sino-Russian economic and trade relations. It is analyzed from trade order, trade service system, the commodity structure and trade deficit , the issue which exist in trade service system analyzed more detailed. Improving the trade structure, regulate trade order, and strengthening the Sino-Russian economic and trade cooperation is the common aspiration of urgency. Bilateral relations in the best period in history, it is adjacent to the geographical advantages and complementary economy, Premier perfect regular meetings of the coordination mechanism, and the rapid economic development of the two countries, as long as both sides work together, fully capable of promoting bilateral economic and trade cooperation to new heights.The third part described the prospects of Sino-Russian economic and trade relations. In this paper, the Sino-Russian trade in goods between the two countries, trade in services and the development of border trade prospect. China has many geographical shown interest in Russia. Of course, from the perspective of development cooperation, the driving force behind the most northeastern provinces. They accumulated developing relations with Russia rich experience. With the eastern provinces such as Shanghai and south parts of the cooperation we have had good development prospects. Especially on the Sino-Russian investment cooperation between the two countries for the development of a detailed analysis, In conclusion of the Sino-Russian bilateral cooperation on investment measures taken, I made the right investment cooperation. Sino-Russian bilateral trade in goods, trade in services and the development of border trade in 1972. especially the new century, China and Russia in the area of investment and will expand the scale of investment concentrated mainly in the form of resource development, overseas processing trade, foreign research and development, energy and high-tech fields of investment between the two countries will become the focus of investment. Strengthening the Sino-Russian investment cooperation, to enhance bilateral economic and technological cooperation an important cause, Sino-Russian strategic partnership of cooperation to deepen the inevitable trend of development is to promote the prosperity and development of their respective countries by 2005.In the Fourth part, the economic and trade relations between China and Russia against the existence response to the issues raised and suggestions. This paper describes the two countries for further development of bilateral economic and trade relations the two sides are to establish a sound economic and trade cooperation to promote the development of the favorable ; The two countries are also increasing efforts to improve the bilateral trade structure. The paper also from the perspective of a number of constructive suggestions : First, the government should change the concept, building an effective mechanism; Secondly, The two sides should Russia accession to the WTO as an opportunity to improve the trading system; Again, the two countries should grasp the overall Sino-Russian investment cooperation process; Then, the two countries should encourage more Chinese enterprises to enter the Russian market; Finally, the two sides should further strengthen the Sino-Russian investment cooperation. Reached the final conclusions. Based on review of Sino-Russian economic and trade relations on the basis of the history and status quo of the exposition and analysis, noted two constraints to the development of economic and trade relations, Finally, and in the promotion of bilateral economic and trade relations will further develop policy recommendations. Sino-Russian economic and trade relations have become a world economy increasingly important part of the how to deal with Sino-Russian economic and trade ties with the problems and promote Sino-Russian economic and trade relations, This will not only affect the economic development of China and Russia, but for the world economy have a far-reaching impact. Russia's accession to the WTO constantly approaching, China to the WTO multilateral trade rules under the framework of promoting the resolution of the Sino-Russian bilateral long-term solution to the problem of a must good opportunities. Our government should seize this opportunity and take effective measures to encourage and support policies to support large and medium-sized enterprises, Group to enter the Russian market. Enterprises should thoroughly understand the Russian market changes, and conscientiously carrying out the investigation in an effort to discover and grasp opportunities in a timely manner, wider occupation of the Russian market.