"Thanks to the joint efforts of both sides, a strong upward trend continues in bilateral trade, thanks to which it has reached another record level," RIA Novosti quoted the ambassador as saying.

According to him, this year business cooperation between Moscow and Beijing has reached a new level.

“In the first 11 months of this year, the total volume of Sino-Russian trade reached $172.41 billion, an increase of 32% compared to last year,” he added.

Earlier, Chinese President Xi Jinping said that the Chinese authorities are ready for close cooperation and rapprochement with Russia for the sake of more equitable global governance.