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Trade turnover between China’s Heihe, Russia to increase in 2014 — Heihe mayor

September 26, 2014, 20:10 UTC+3 HEIHE
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HEIHE, China, September 26. /ITAR-TASS/. Trade turnover between the Chinese city of Heihe and Russia will increase this year, Heihe City Mayor Zhang Enliang said on Friday.

“Last year, trade turnover between Heihe and Russia reached $4.2 billion (26.74 billion rubles). It increased by 8% as compared with 2012. In 2014, trade turnover between Heihe and Russia will increase, but the growth rate will slow down. This is conditioned by the reforms of the Chinese economy and ruble cheapening,” he told ITAR-TASS.

China exports electronics, vegetables and fruits, television sets and motorcycles to Russia. “In Russia we buy electrical energy and agricultural products. At present, we’re trying to increase supplies of traditional foodstuffs to Heihe,” Zhang Enliang said.

Earlier, Chinese Prime Minister Li Keqiang said in 2014 the priority of his government “is to preserve the dynamical economic development within the optimum range”. “This year the GDP growth rate is expected to 7.5%,” the premier said.

China’s economic growth is gradually slowing. In 2010 it was at the level of 10.4%, 9.2% in 2011 and 7.8% in 2012. In 2013 China’s economic slowdown reached 7.7%

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