“Russian fish caught in the morning would be served at the lunch table of Chinese, and it is not a dream,” said Maxim Kareyev, a veteran fisherman in Vladivostok, Russia’s Far East. More and more seafoods, particularly shrimps and lobsters, have been sold to Northeast China, Beijing and other Chinese areas over the past few years, he told Xinhua Monday [17 October 2016]…Full Article: ECNS.cn Oct 2016

Key Point

  • The Pogranichny-Suifenhe border checkpoint in China’s Heilongjiang Province and Russia’s Primorsky Krai is a major overland trade hub. However, Russia is constructing two international transportation corridors (Primorye 1 and Primorye 2) that will link up with the Chinese provinces of Heilongjiang and Jilin. Both transportation corridors will be administrated by the city of Vladivostok.

ChinaAg Comments

  • From 2011 to 2015, mainland China’s imports of Russian frozen fish decreased from US$1.5 billion to US$1.1 billion. At the same, mainland China’s imports of Russian crustaceans increased from US$20.6 million to US$37.7 million.
  • In the Autumn of 2013, Chinese President Xi Jinping launched The Silk Road Economic Belt and the 21st-century Maritime Silk Road, a strategic initiative to boost the economic development and trade of countries lying along the South China Sea, Bay of Bengal, Arabian Sea, Indian Ocean, and Red Sea, as well as overland in Central Asia and Europe.

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