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China Plans to Increase Trade With Russia to $100 Billion

© Sputnik / Sergey Guneev / Go to the photo bankVladimir Putin pays official visit to People's Republic of China
Vladimir Putin pays official visit to People's Republic of China - Sputnik International
The Chinese Ambassador to Russia eyes an increase in the volume of bilateral trade up to $100 billion in 2015.

The volume of Sino-Russian bilateral trade will increase to $100 billion in 2015, Li Hui, the incumbent Chinese Ambassador to Russia told RIA "Novosti" on Saturday.

"The bilateral trade volume in the previous year reached $ 95.2 billion. This year we will carry out instructions of our president to reach the trade volume up to $ 100 billion. And we will try to achieve this goal", — he said.

According to Hui, current relations between the two countries have never been better.

The statement followed the agreement signed between the Moscow Exchange (MOEX) and the China Financial Futures Exchange (CFFEX) earlier this week aiming to boost financial ties between Moscow and Beijing.

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