"China and Russia have established a sound foundation for trade and economic cooperation, both in terms of political and economic situation. The two economies with great potential and soaring trade will serve to reach the set goals," said Li Fuchuan,a researcher with the Chinese Academy of Social Sciences.
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China, Russia Reach Goals Jointly
China and Russia have established a sound foundation for trade and economic cooperation
Soaring trade between China and Russia is expected to exceed the set goal for 2010 at 60 to 80 billion U.S. dollars ahead of schedule.
China-Russia trade volume hit 29.1 billion U.S. dollars in 2005, up 37 percent year on year. The growth is much more higher than the 20 percent to 25 percent average annual growth planed in a middle and long-term lay-out for the two neighbors trade development.
"The Sino-Russian trade has got on a fast track with increasing cooperation methods and expanding cooperation fields," said Liu Guchang, Chinese ambassador to Russia, on the eve of Russian President Vladimir Putin's upcoming China tour.
"China and Russia have established a sound foundation for trade and economic cooperation, both in terms of political and economic situation. The two economies with great potential and soaring trade will serve to reach the set goals," said Li Fuchuan,a researcher with the Chinese Academy of Social Sciences.
"China and Russia have established a sound foundation for trade and economic cooperation, both in terms of political and economic situation. The two economies with great potential and soaring trade will serve to reach the set goals," said Li Fuchuan,a researcher with the Chinese Academy of Social Sciences.
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