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Russia, China to increase trade turnover to $300 bln by 2030 — Russian Deputy PM

Dmitry Chernyshenko also pointed out that the share of payments in national currencies is growing at a high pace

BEIJING, December 18. /TASS/. China and Russia intend to scale up the trade turnover to $300 bln by 2030, Deputy Prime Minister of Russia Dmitry Chernyshenko told reporters on the sidelines of the bilateral intergovernmental commission’s meeting.

"The trade turnover of Russia and China climbed above $201 bln over eleven months of this year. We thereby completed the task set by our leaders to being the trade turnover to $200 bln by 2024 one year earlier and with a sound reserve. We expect to boost the volumes to $300 bln by 2030," Chernyshenko said.

The share of payments in national currencies is growing at a high pace, the official added.

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China Trade & Cooperation

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