Мир новой экономики (Oct 2022)

The Potential of Mutual Trade Between China and Russia in the Field of High-Tech Manufacturing Products

  • G. Changjun,
  • V. P. Kolesov

DOI
https://doi.org/10.26794/2220-6469-2022-16-3-96-103
Journal volume & issue
Vol. 16, no. 3
pp. 96 – 103

Abstract

Read online

The article investigated the dynamics of mutual trade between China and Russia in the field of high-tech products. Analyzed the scale, structure and trends of mutual trade on high-tech products between China and Russia. Determined the main groups of goods in the field of high-tech products. Calculated and assessed the possibilities of cooperation between China and Russia in this area, using the Trade Complementarity Index. It is shown that China and Russia are ideal partners in the field of trade in high-tech products. The main problems of trade development in this area are revealed: from the point of view of Russia, it has a low level of diversification of methods for obtaining transitional technologies, and for China — a weakness in independent development of new technology.

Keywords