In an interview with the agency, the ambassador affirmed that Moscow and Beijing have made a conscious choice in favor of friendly and mutually beneficial relations, and are constantly working to deepen economic cooperation in various fields. Morgulov stated, “The success of this path is also confirmed by the high indicators of bilateral trade, which have exceeded 240 billion dollars for two consecutive years.” According to data from the General Administration of Customs of China, the volume increased by 1.9% in 2024 compared to the same period in 2023, reaching a record level of 244.819 billion dollars. In 2023, the trade exchange recorded an increase of 26.3%, reaching 240.11 billion dollars.
