IDEAS home Printed from https://ideas.repec.org/a/alq/rufejo/rfej_2024_07_7-25.html
   My bibliography  Save this article

China’s Economic Potential and Development Plans in the Context of Russian-Chinese Cooperation

Author

Listed:
  • Andrey Nikolaevich SPARTAK

    (Russian Market Research Institute (VNIKI), Russian Foreign Trade Academy, Moscow, Russia)

Abstract

The article considers a set of objective and subjective factors of China’s economic development that contributed to the strategic rapprochement between Russia and China, and comprehensively increasing role of the People’s Republic of China in Russia’s foreign economic relations. The main components of China’s economic miracle, the country’s position in the global economy and international trade, existing forecasts for its economic growth, innovative and technological potential, and its role in the global mineral resources market as well as a global hub for value chains are analyzed. The author notes that the basis of China’s strategic proposal to its economic partners is facilitated through the national development programs. The analysis of the strategic documents of the People’s Republic of China made it possible to identify promising areas and directions for further development of Russian-Chinese cooperation. Despite the existing restrictions and downside risks for the Chinese economy, the deterioration of the external environment, the accumulated financial, economic, industrial, and technological potential enhance China’s strategical resistance and create favorable prerequisites for expanding Russian-Chinese business cooperation.

Suggested Citation

  • Andrey Nikolaevich SPARTAK, 2024. "China’s Economic Potential and Development Plans in the Context of Russian-Chinese Cooperation," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 7, pages 7-25, July.
    • Handle: RePEc:alq:rufejo:rfej_2024_07_7-25
    DOI: 10.24412/2072-8042-2024-7-7-25
    as

    Download full text from publisher

    File URL: http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2024_07_7-25.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.24412/2072-8042-2024-7-7-25?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    China; economy; trade; technology; innovation; energy; market; forecast; development programs;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alq:rufejo:rfej_2024_07_7-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Chernyavskaya (email available below). General contact details of provider: https://edirc.repec.org/data/vavtmru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.