Chinese and Russian companies attending a regional conference in northeastern China signed a raft of cooperation deals on Monday in sectors ranging from manufacturing and logistics to e-commerce and agriculture, Chinese state media reported.
The conference in Shenyang, the capital of Liaoning province, followed last week's meeting in Beijing between Russian President Vladimir Putin and China's President Xi Jinping. Russian local government officials, business representatives as well as nearly 800 Chinese companies hoping to enter the Russian market were attending the conference.
China has urged increased cross-border connectivity with Russia and deeper economic cooperation despite disapproval from the West after Russian forces invaded Ukraine last year, with northeast China - comprising the provinces of Liaoning, Heilongjiang and Jilin - gaining new strategic significance as a zone of bilateral trade and commerce.
In January to September, 40 Russian firms set up businesses in Liaoning, China's national broadcaster reported on Monday. Liaoning's outbound shipments to Russia soared 82.3% in the first nine months from a year earlier to 42.64 billion yuan .was put into operation in Shenyang, with a train carrying 55 containers departing for Russia to mark the hub's inauguration.would be able to use Vladivostok, the biggest port in the Russian Far East, to ship goods to Zhoushan and Jiaxing in the eastern Chinese province of Zhejiang from June, cutting costs and transportation time for Jilin cargo bound for eastern China.
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