The trade volume between China and Russia is expected to hit 100 billion U.S. dollars in 2014, a year ahead of the target set by leaders from the two countries, a Russian trade representative forecast Friday.
China's imports from Russia mainly include oil and raw materials, the price of which has fallen remarkably in past months.
In addition to energy cooperation, the two countries can strengthen cooperation on technology, agriculture and tourism, said Lu Nanquan, deputy director of the Russian Research Center under the Chinese Academy of Social Sciences.
Aerospace, nanotechnology, high-end manufacturing, energy conservation and environmental protection, biochemistry and information technology are key areas in which China and Russia can compliment each other, said Lu.
China is currently Russia's largest trading partner, with the trade volume between the two countries reaching 88.16 billion U.S. dollars in 2012.
Source: Xinhuanet
