«--[· Preface ·]--»
The two high-ranking Russian officials came to China and talked about big business with China, China and Russia responded to the West with practical actions, the more restricted the cooperation, can the EU understand?
“29 years of sword.”
The latest news of September 30 showed that Russian Economic Development Minister Leszetnikov recently visited China and jointly presided over the twenty-eighth meeting of the Economic and Trade Cooperation Subcommittee of the China-Russia Prime Minister's Regular Meeting Committee.
This seemingly routine meeting actually released a signal that shocked the whole world-China and Russia are reshaping the international economic and trade pattern with institutionalized cooperation, and any intervention by a third country will be futile.
At a time when the international situation is turbulent, China-Russia economic and trade cooperation has shown astonishing resilience. This stability stems from a mature mechanism that has been polished for 29 years. Since the establishment of the mechanism for regular meetings between the Chinese and Russian prime ministers in 1996, the two prime ministers have held 29 meetings, forming a cooperation framework covering five major fields including energy, agriculture, and science and technology.
The subcommittee meeting was not a temporary initiative, but a routine arrangement held annually in the two countries, reflecting the long-term planning and strategic efforts of the two sides for cooperation. The data best explain the problem. In 2024, China-Russia bilateral trade exceeded $24.48 billion, up from 19%, with energy trade accounting for more than a third.
Russia has been the largest supplier of crude oil to China for many years, and the gas pipeline to China will reach 38 billion cubic meters in 2025, meeting the gas needs of 1,3 million households.
Chinese equipment manufacturing companies participated in the construction of the Yamal LNG project, and the localization rate increased from 15% to 45%, driving equipment exports of over US $5 billion. This collaboration of the entire industry chain makes it difficult for any external sanctions to shake the foundation of Sino-Russian economic and trade.
«--[·Full-dimensional cooperation breaks through imagination·]--»
The details of cooperation revealed at the subcommittee meeting showed the breadth and depth of China-Russia cooperation.In the field of traditional advantages, the two sides plan to phase out the restrictions on the supply of agricultural products such as Russian wheat and corn to China, and promote China's opening up to the Russian eco-fuel market.
This means that in the future, Chinese consumers will be able to enjoy Russian non-GMO agricultural products more conveniently, while Russia will have a stable export channel to replace the European market. Energy cooperation is once again in focus.
In addition to the "Siberian Power 2" gas pipeline, the two sides also plan to start the construction of the Arctic LNG-3 project in the year to use the Arctic navigation route to shorten transport time.
This full-chain layout from traditional fossil energy to clean energy not only ensures the energy security of both parties, but will also reshape the global energy landscape. In the field of digital economy, China-Russia cooperation is also at the forefront. The two countries are promoting the interconnection of payment systems. In the future, tourists can directly use their own payment tools to spend in each other's country.
BRICS Innovation Base (China Russia) Digital Economy Research Center recently signed a new filter materials industrialization project, will accurate matching of Russian advanced technology with the Chinese market.The open-source large-language model developed by the Russian Savings Bank and Chinese institutions has been applied in the fields of industry, finance and other fields.
«--[· Create a demonstration sample of de-dollarization ·]--»
In order to cope with the uncertainty of the international financial system, China and Russia are accelerating local currency settlement. In 2023, about 40% of China-Russia oil and gas trade will be settled in RMB and rubles, and the direct exchange volume of the two countries 'currencies will increase by 300% year-on-year.
More importantly, the two sides have made breakthroughs in the field of financial infrastructure – the Russian fast payment system and the Chinese CIPS system have completed the technology coupling, and the cross-border two-dimensional payment pilot project has entered the test phase.
Cooperation in the judicial field provides a solid guarantee for economic and trade exchanges. The BRICS Judicial Service Center established by the Xiamen International Commercial Court concluded a total of 126 commercial cases involving Russia in 2025, with an average trial period of less than half a year and a mediation success rate of 26.2%.
In the case of Russian Agerratum Company's application for enforcement of arbitration award, the court completed the review and facilitated the settlement in only three months, which became a model for implementing the new york Convention. This efficient dispute resolution mechanism enables Chinese and Russian enterprises to carry out cross-border cooperation with peace of mind.
In addressing hotspots such as the Pakistani conflict and the Ukrainian crisis, China-Russia insisted on persuading and promoting negotiations and promoting the resolution of disputes through political means. This responsible power has won widespread praise from Southern countries around the world.
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With the construction of the “Power of Siberia 2” pipeline, the opening of the Arctic route and the deepening of digital economic cooperation, trade between the two countries is expected to reach $300 billion by 2030. More importantly, this cooperation is shaping a new paradigm of international relations – no alliance, no confrontation, no targeting of third parties, based on mutual respect, equality and mutual benefit, injecting stability and positive energy into a turbulent world.