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Sino-Russian trade in equipment and using electronics yield are likely to optimize the structure of

April 28th, 2009

CCCME on the 20th vice-president said that the number of the first two months of this year, China’s equipment and using electronics yield to Russia’s trade overseas plunged more stridently, but since Russian deals of equipment and using electronics yield, there is a clear expansion in the two nations are likely to optimize the trade structure.

It is understood that in 2008, China’s export of electromechanical products to Russia reached 14.88 billion U.S. dollars, an increase of 43.87%; from Russia imports 430 million U.S. dollars of machinery and electronic products, an increase of 60.49%. Financial crisis in the global context of the impact of China and Russia is still the development of mechanical and electrical trade maintained a rapid growth.

Liu Mei-kun said that the first two months of this year’s figures, China’s export of electromechanical products to Russia a new situation, a larger decline in the rate, total exports of 15.98% for 100 million U.S. dollars, up 45.9 percent decline. However, since Russian imports of machinery and electronic products amounted to 85.74 million U.S. dollars, an increase of 38.27%. Tend to optimize the trade structure between the two countries.

Between the two countries in order to further tap the cooperation in the field of mechanical and electrical products potential of the Heilongjiang Provincial People’s Government, China Chamber of Commerce and the China-Russia Electrical and Electrical and Mechanical Association, East County in Heilongjiang Province of China and Russia the construction of machinery and electronic products trading center to display and will be May 16 this year to 2009, China and Russia held on the 18th (Dongning) Fair exhibition of machinery and electronic products.

Heilongjiang Provincial People’s Government Under-Secretary-General said that this exhibition will be set up Construction Machinery Fair Pavilion, the Russian Electrical and galleries, exhibition transport, agricultural machinery exhibition, an integrated accessories, such as five professional exhibition area. So far, reports of more than 200 Russian enterprises exhibitors, exhibitors products are 13 kinds of series 40.

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