OREANDA-NEWS In the first six months of 2024, the volume of Russian-Chinese trade continued to grow by 1.6 percent. This was stated by Vice Premier of the State Council of the People's Republic of China He Li Feng. He is quoted by RIA Novosti.

According to him, Russia has become the largest supplier of crude oil, natural gas, wood and potash fertilizers to China. In addition, Moscow and Beijing have studied the issue of liberalization and simplification of trade procedures between China and the Eurasian Economic Union. In addition, Russia and China are developing cooperation in nuclear energy, aviation, space flights, and satellite navigation.

Lifan believes that the results obtained were not easy to achieve in a situation of international chaos.

Earlier, it was reported that a number of Chinese banks returned to Russian importers their payments in yuan for goods already delivered by Chinese counterparties.

According to Russian Finance Minister Anton Siluanov, the Russian-Chinese trade turnover may show record results in 2024.