Chinanews.com, Harbin, December 1 (Gao Jiuhui, reporter Jiang Hui) On the 1st, the Heilongjiang Provincial Department of Commerce announced that Heilongjiang Province will continue to deepen economic and trade cooperation with Russia during the 13th Five-Year Plan period. From 2016 to 2019, Heilongjiang Province Russia's trade volume reached 384.11 billion yuan (RMB, the same below), with an average annual growth rate of 27.9%.

The share of Heilongjiang Province's imports and exports with Russia accounts for more than 60% of the province's total foreign trade imports and exports, and about 20% of China's total trade with Russia.

  Heilongjiang Province is located in the northeast of China. The Ussuri River and Heilongjiang River are bordered by the Ussuri River and Heilongjiang River in the east and the north.

At present, there are more than 200 countries and regions that have trade with Heilongjiang Province, with trading partners all over Asia, Europe, Africa, North America, Latin America, and Oceania.

Heilongjiang Province has 27 first-class ports in China and 19 border ports with Russia.

  According to the relevant person in charge of the Heilongjiang Provincial Department of Commerce, from 2016 to 2019, Heilongjiang Province’s trade with Russia reached 384.11 billion yuan, an average annual growth of 27.9%, with a cumulative export value of 39.28 billion yuan and an import value of 344.83 billion yuan.

Imports of logs, sawn timber, pulp, and potash fertilizer from Russia account for one-fifth of China, and the average processing rate for Russian resource products is about 40%.

There are more than 2,400 varieties of export commodities, and the main export commodities are clothing, vegetables, and footwear.

  Heilongjiang Province has carried out economic and trade cooperation with 25 Russian states and regions, and established an economic and trade cooperation mechanism with 12 states and districts. The main investment areas are agriculture, forestry, energy mining industry, processing industry, and park construction.

As of the end of 2019, Heilongjiang Province had 393 registered companies investing in Russia, with a total registered investment of US$7.05 billion, and the actual investment in Russia was US$2.34 billion.

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