Russia and China discussed the use of national currencies in trade

10:01; 26 March 2025 year

At the meeting of the Russian and Chinese parliaments, the use of national currencies in trade to reduce transaction costs was discussed.We considered mutual investment mechanisms, the issuance of panda bonds, and the recognition of Russian audit reports by Chinese regulators.

It is planned to develop aviation and shipbuilding, improve transit transportation infrastructure and strengthen East-West and North-South transport corridors.

Russia presented its experience of maintaining stability in the face of sanctions, including a ban on capital exports and special accounts for settlements with unfriendly countries. China shared its experience in attracting capital to free economic zones.

Plans are presented to create a unified digital platform for managing state assets in Russia and increase transparency in the activities of state-owned companies.

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