The impact of the Heihe free trade zone on the development of Chinese-Russian cross-border trade

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The establishment of the Heihe Free Trade Zone has significantly impacted the development of cross-border trade between China and Russia. This article explores the influence of the free trade zone on economic cooperation, focusing on the benefits for both countries in terms of trade volume, logistics, and investment. The study highlights how Heihe, as a strategically located city along the Sino-Russian border, serves as a key hub for promoting bilateral trade. Particular attention is given to the role of preferential policies, infrastructure development, and simplified customs procedures in fostering business growth and enhancing trade efficiency. The article concludes by analyzing the prospects for further strengthening of Sino-Russian economic ties through the Heihe Free Trade Zone and other similar initiatives.

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Free trade zone, heihe, russian-chinese economic cooperation, cross-border trade

Короткий адрес: https://sciup.org/170205956

IDR: 170205956   |   DOI: 10.24412/2411-0450-2024-8-16-19

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