Ambassador of Russia to China: problems in economic cooperation "can be attributed to the resolved issues of growth"

The problems existing in the trade and economic cooperation of Russia and China can be attributed to the resolved issues of growth, said the Ambassador of Russia to China Andrei Denisov. “These are all growth issues that are solved, but require a certain time,” the diplomat said in an interview with Interfax . The full text of the interview will be published on January 9.

Among the priority tasks, he noted the importance of developing transport infrastructure, modernization of border checkpoints, deepening cooperation between customs and quarantine departments of Russia and China, simplifying mutual investment, promoting the mechanisms of interbank calculations in national currencies.

The Ambassador Denisov also noted that there is a positive dynamics in bilateral investment interaction.

So, according to him, as of the end of 2017, the volume of all types of Chinese investments in Russia exceeded $ 28 billion, and in the first half of 2018, Beijing invested almost 2.3 billion. 70 key joint projects were approved for a total of about $ 120 billion. 15 of them are actively implemented, 11 projects were successfully commissioned, 29 for another 29 negotiations are underway.

Denisov noted that “there are good results in the transport sector”, highlighting the final stage of the construction of the railway bridge connecting the Chinese city of Tunjiang of the province of Heilongjiang and the Russian village of Nizhneleninsky in the Jewish Autonomous Region. "We hope that in 2019 the facility will be commissioned and the first trains will go on it," the ambassador said.

The construction of a car bridge from the Chinese city of Hayhe to Russian Blagoveshchensk is rapidly. This bridge according to the plan should also be completed in the coming 2019, said Denisov.

He also said that over 10 months of last year, the volume of transportation of containers by rail in the China -Europe -China report through the territory of Russia grew by 23%.