Overview
- First Deputy Prime Minister Denis Manturov and Vice Premier Ding Xuexiang co-chaired the 12th intergovernmental commission at the Great Hall of the People, with bilateral documents slated for signature.
- Officials said the joint portfolio exceeds $200 billion, with more than half tied to 63 major projects, 46 of them nearing implementation.
- Russia confirmed ratification of an updated investment-protection agreement that takes effect in December, streamlining approvals, strengthening dispute settlement, and clarifying safeguards against expropriation.
- Both sides acknowledged a year-to-date decline in trade after reaching roughly $244–245 billion last year and pledged efforts to restore growth.
- Russia outlined new proposals and projects including cellulose and viscose production in Irkutsk, an ion–proton therapy center in Moscow, and a year-round Northern Sea Route container line, alongside auto manufacturing in three Russian regions and an alumina initiative in China’s Hebei province.