Bilateral trade between China and Russia has exceeded 200 billion U.S. dollars for three consecutive years, underscoring strong resilience and vitality despite global challenges, said Ma Chi, deputy director of the Eurasian Department of the Ministry of Commerce, at a press conference in Beijing on Friday.
The conference was held ahead of the 10th China-Russia Expo, scheduled for May 17-21 in Harbin, Heilongjiang Province in northeast China.
Covering sectors of energy and mineral resources, green and low-carbon development, cross-border e-commerce and biomedicine, the event is expected to boost industrial and business cooperation, enhance people-to-people exchanges, and deepen bilateral ties, according to the ministry.
"The fundamentals of bilateral trade have remained solid and strong. In 2025, China-Russia trade volume reached 227.9 billion U.S. dollars, marking the third consecutive year it topped the 200 billion-dollar threshold. China has maintained its position as Russia's largest trading partner for 16 years in a row. In the first quarter of this year, bilateral trade totaled 61.2 billion U.S. dollars, up 14.7 percent year on year," Ma said.
According to Ma, the share of electromechanical and high-tech products in bilateral trade continues to rise.
This year marks the 30th anniversary of the establishment of the China-Russia strategic partnership of coordination and the 25th anniversary of the signing of the China-Russia Treaty of Good-Neighborliness and Friendly Cooperation.
China-Russia trade tops 200 bln USD for third year
Normal navigation through the Strait of Hormuz should be restored as soon as possible to ensure the stability of global industrial and supply chains, Chinese Foreign Minister Wang Yi said on Wednesday.
Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks in a phone conversation with Pakistan's Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar.
During the conversation, Wang thanked the Pakistani side for promptly informing China of the new stage of negotiations between Iran and the United States. He said that the signing of the memorandum of understanding (MoU) between the two countries was the result of the joint efforts of the international community, and Pakistan played a key and unique role in it.
The peace process has just begun, and there is still a long, even tortuous and difficult road ahead, Wang noted, stressing that China will, as always, support Pakistan and other like-minded countries in continuing to play a constructive role, and stands ready to maintain close communication and coordination with Pakistan.
Wang pointed out three key priorities in the next stage.
First, it is essential to consolidate the comprehensive ceasefire and cessation of the war, and under no circumstances should the war be reignited, he said.
The Iran-U.S. MoU aligns with Iran's fundamental and long-term interests, as well as the shared expectation of the international community, Wang said, adding that China is willing to work with all parties to firmly support the negotiations to advance without interference.
Second, normal navigation through the Strait of Hormuz should be restored as soon as possible to ensure the stability of global industrial and supply chains, he noted, adding that arrangements concerning the strait should respect the sovereignty and legitimate rights and interests of states bordering the strait, while conforming to international practices and the common aspirations of all countries.
Third, efforts should be made to support Middle East countries in improving their relations and exploring a new regional security architecture, said Wang.
The Middle East, including the Gulf region, should no longer serve as an arena for great power competition or a victim of geopolitics, and regional countries should uphold genuine strategic autonomy and firmly keep their future in their own hands, he noted.
The Palestinian issue has always been the core of the Middle East issue, said Wang, calling on countries in the region to speak with a more unified voice and take more coordinated actions in addressing the Palestinian issue, so as to implement the two-state solution at an early date and realize lasting peace and stability in the region.
Chinese FM calls for early normalization of shipping through Strait of Hormuz
