e-magazine
Quake Shocks Sichuan
Nation demonstrates progress in dealing with severe disaster
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

World
World
UPDATED: March 26, 2010 NO. 13 APRIL 1, 2010
Commerce, Culture and Communication
Frontier development and cultural exchanges top Chinese Vice President Xi Jinping's agenda during his trip to Russia
By YAN WEI
Share

 

CULTURAL BONDS: Chinese Vice President Xi Jinping (right) and Russian Prime Minister Vladimir Putin attend the opening of the Year of the Chinese Language in Russia, in Moscow on March 23 (LAN HONGGUANG)

Despite the chill that often characterizes weather in Russia's biggest Pacific port city, Chinese Vice President Xi Jinping received a warm welcome in Vladivostok on the first leg of his most recent trip on the way to Moscow.

Vladivostok, the administrative center of the Russian Far East region of Primorsky bordering northeast China, is also Russia's principal sea hub on the Pacific Ocean.

The intent of the visit was to "broaden and deepen China-Russia interregional cooperation," Xi said while meeting with Primorsky's Governor Sergey Mikhaylovich Darkin.

The trip helped solidify this move based on a September 2009 plan approved by Chinese President Hu Jintao and Russian President Dmitry Medvedev to specifically invigorate areas between northeast China and Russia's Far East region.

Xi's visit to Russia, from March 20 to 24, represented a major step in relations between the two nations. In addition to the stated purpose of the trip, it also gave further impetus to constructive people-to-people exchanges between China and Russia.

New areas of growth

 

A HOMAGE TO THE SAGE: Chinese Vice President Xi Jinping (left) unveils a statue of Confucius at the Confucius Institute of the Far Eastern National University in Vladivostok on March 21 (LAN HONGGUANG) 

Two-way trade between China and Russia suffered heavily last year under the weight of the world financial crisis.

China's official statistics, for instance, indicate that China-Russia trade volume totaled $38.7 billion last year, down 31.8 percent from 2008.

Still, long-term trends for healthy bilateral economic development remains unchanged, Xi told Darkin. Xi stressed that flourishing cooperation between northeast China and Russia's Far East region will inevitably emerge as a new area of growth.

Beijing and Moscow currently enjoy remarkable advantages given their ability to bring prosperity to their vast border regions, according to Yang Jin, a researcher at the Institute of Russian, East European and Central Asian Studies under the Chinese Academy of Social Sciences.

Politically, the two countries have already forged a powerful "strategic partnership"—a solid foundation for stable cooperation, he said.

Moreover, Beijing and Moscow can complement each other in the region: China boasts the capital, technology and managerial prowess, while Russia's Far East is endowed with copious natural resources.

China, meanwhile, possesses a huge pool of labor resources, and can thus help Russia's Far East businesses offset their serious labor shortages, Yang said.

In its Far East development strategy adopted early this year, he said, Russia gave priority to cooperation with China in the fields of trade, forestry, energy, transportation, modern manufacturing and agriculture in its bid to attract badly needed investment, technology and managerial expertise.

China, for its part, has pursued a program aimed at revitalizing old industrial bases in its northeast region in recent years.

In Yang's view, since the two development programs share similar goals, it is easy for northeast China and Russia's Far East to discover areas where they can work together.

One of the most obvious signs is the fact that China has invested heavily in the economic and trade cooperation zone in Ussuriysk, the second largest city of Primorsky. To date, it has built 80,000 square meters of workshops and 30,000 square meters of service facilities in the zone with a total investment of 290 million yuan ($43 million), said Chinese Vice Minister of Commerce Gao Hucheng.

1   2   Next  



 
Top Story
-Too Much Money?
-Special Coverage: Economic Shift Underway
-Quake Shocks Sichuan
-Special Coverage: 7.0-Magnitude Earthquake Hits Sichuan
-A New Crop of Farmers
Most Popular
在线翻译
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved