Transport networks expansion to enhance Sino-Russian trade
The need for expanding transport networks may take center stage in Sino-Russian bilateral trade as burgeoning trade volumes surpass handling capacity of on-land border ports.
Wang Limin, Vice Governor of Heilongjiang Province, underscored the urgency of accelerating infrastructure upgrading and streamlining customs procedures of border ports by deeming them as an “imperative criteria for trade growth”.
The 3,000 km boundary shared between the Northeastern Chinese city and Russia has metamorphosed into a flourishing economic region owing to thriving trade over the past decade, Wang said.
Construction of the first railway bridge over Heilongjiang will begin at the end of the year, according to Valery Solomonovich Gurevich, Government Vice-Chairman of Russia's Jewish Autonomous Region.
Linking Nizhneleninskoye in the Jewish Autonomous Region with Tongjiang in Heilongjiang Province, the 2,197 meter long bridge, with investments worth of US$230 million, is expected to be completed by the end of 2010.
Another bridge connecting Heihe of Heilongjiang, and Blagoveshchensk of Priamurye in Russia has been under discussion by both nations for about 15 years.
With a surge in bilateral trade volumes from US$6.83 billion in 1996 to US$33.4 billion last year, Russia is the eighth largest trading partner of China. Most significantly, studies have reflected that the combination of Heilongjiang, Jilin and Liaoning provinces of Northeast China, contributes close to one third of the country's trade volume with Russia, with Heilongjiang generating bulk of the trade dealings.
At present, cargo transportation between both nations is supported by railway routes at three major on-land ports in Manzhouli of Inner Mongolia and Suifenhe in Heilongjiang. The process would be quickened significantly with the presence of a bridge.
Wang Limin, Vice Governor of Heilongjiang Province, underscored the urgency of accelerating infrastructure upgrading and streamlining customs procedures of border ports by deeming them as an “imperative criteria for trade growth”.
The 3,000 km boundary shared between the Northeastern Chinese city and Russia has metamorphosed into a flourishing economic region owing to thriving trade over the past decade, Wang said.
Construction of the first railway bridge over Heilongjiang will begin at the end of the year, according to Valery Solomonovich Gurevich, Government Vice-Chairman of Russia's Jewish Autonomous Region.
Linking Nizhneleninskoye in the Jewish Autonomous Region with Tongjiang in Heilongjiang Province, the 2,197 meter long bridge, with investments worth of US$230 million, is expected to be completed by the end of 2010.
Another bridge connecting Heihe of Heilongjiang, and Blagoveshchensk of Priamurye in Russia has been under discussion by both nations for about 15 years.
With a surge in bilateral trade volumes from US$6.83 billion in 1996 to US$33.4 billion last year, Russia is the eighth largest trading partner of China. Most significantly, studies have reflected that the combination of Heilongjiang, Jilin and Liaoning provinces of Northeast China, contributes close to one third of the country's trade volume with Russia, with Heilongjiang generating bulk of the trade dealings.
At present, cargo transportation between both nations is supported by railway routes at three major on-land ports in Manzhouli of Inner Mongolia and Suifenhe in Heilongjiang. The process would be quickened significantly with the presence of a bridge.