
Li Hongzhong said that Russia and China should develop new high-tech areas along with traditional economic sectors, including artificial intelligence and green technologies.
AI-generated summary
Russia and China are developing bilateral cooperation in various areas of the economy.
MOSCOW, September 10 – RIA Novosti. Russia and China must actively develop new high-tech areas along with traditional sectors of the economy, said Li Hongzhong, Chairman of the Chinese part of the Russian-Chinese Committee of Friendship, Peace and Development.
“We need to not only strengthen cooperation in traditional areas - trade, investment, energy and infrastructure - but also actively explore new areas: artificial intelligence, digital economy and green technologies,” said Li Hongzhong.
He added that a gradual shift in the focus of cooperation from the supply of goods and raw materials to the introduction of digital solutions and innovations will bring bilateral small and medium-sized businesses to a qualitatively new level of interaction.

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.

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.

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.