
Deputy Prime Minister of the Russian Federation spoke at the VII Russian-Chinese Forum
Deputy Prime Minister of the Russian Federation Dmitry Chernyshenko said at the VII Russian-Chinese Forum that cooperation between small and medium-sized businesses could become the main source of growth in the partnership between Russia and China in the areas of AI, robotics and unmanned technologies.
AI-generated summary
Russia and China have been developing trade and economic relations over the past 30 years.
MOSCOW, September 10 - RIA Novosti. Russia and China have built huge trade flows over the past 30 years, and at the next stage of economic partnership, cooperation of small and medium-sized businesses can become one of the main sources of growth, said Russian Deputy Prime Minister Dmitry Chernyshenko.
“During this time, our countries have come a long way. We have formed a unique level of political trust, built huge trade flows, created infrastructure and interaction mechanisms. Now we need to take the next step. Transform the accumulated trust into joint capital, joint technologies and joint ventures,” he said, speaking during the VII Russian-Chinese Forum.
“I am convinced that it is the production and investment cooperation of small and medium-sized businesses that can become one of the main sources of growth in the Russian-Chinese economic partnership at the next stage. Our goal is not just to trade more, but our goal is to create more together,” he concluded.
Chernyshenko noted that new joint companies and products may appear in the areas of artificial intelligence, robotics, industrial software, e-commerce and unmanned technologies. He also added that it is important to form joint technological and production competencies in the field of green technologies.

China intends to promote the liberalization of Russian-Russian trade and investment, as well as simplify the interaction of small and medium-sized enterprises of the two countries, said CCPIT Deputy Chairman Li Xingqian.

In the first half of 2026, tourist flows from China to Russia increased by 20%, and from Russia to China by 54%. This was announced by Special Representative of the President of the Russian Federation Boris Titov at the Russian-Chinese Business Forum.

From January to August 2026, trade between Russia and China exceeded $185 billion, which is 28% higher than last year. Boris Titov reported this.

Increased energy consumption of data centers for neural networks stimulates interest in nuclear energy and pushes up uranium prices. The spot price of raw materials approached $90 per pound, reaching highs since the Fukushima accident.

Li Hongzhong said that Russia and China should develop new high-tech areas along with traditional economic sectors, including artificial intelligence and green technologies.

Russia has increased imports of Chinese auto components for local assembly instead of finished cars amid the development of joint production, said Deputy Prime Minister Dmitry Chernyshenko.