Compared with China's trade volume with other countries it may not be a very big figure, but what matters most is the momentum of rapid growth. |
Corporations from both countries are conducting pragmatic negotiations on the construction of a pipeline to carry Siberian oil to China. |
Given the surging demand of energy prompted by China's rapid economic growth, Russia would like to increase energy co-operation oil and natural gas in particular with China. |
I think we all agree that a big project like this requires a full and thorough survey. |
Russia has already made a decision in principle to build an oil pipeline from Eastern Siberia to the Pacific Ocean. This is a large-scale and costly project that experts should thoroughly study. |
The Russian corporations are now studying the possibility of exporting natural gas to China from Russia. |
This has caused serious concerns for the Russian side. The proportion of value-added products shipped to China should be increased. |