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27.05.2021

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13.02.2018

About TRANS-HOLDING company
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26.01.2018

Delivery of cargoes from Europe
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16.01.2018

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07.12.2017

Consolidated delivery of goods
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07.12.2017

Classification of international transportations
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07.12.2017

Causes of cargo damage
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09.10.2017

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09.10.2017

Features of transportation of goods depending on classification
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09.10.2017

Delivery of machines from China, Europe, the USA
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09.10.2017

The process of terminal handling of cargo.
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09.10.2017

How to transport your goods as a preload (after loading)?
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28.07.2017

General cargoes
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12.07.2017

Customs clearance of goods with trans-HOLDING
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24.12.2016

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Helpful information

Russian economy is ready to hitch on the Beijing locomotive

Thanks to the partnership with Russia, China will be able to more easily overcome global problems and challenges, the Chinese authorities say. American sanctions against China and the Russian Federation open up new opportunities for economic interaction between the two countries, experts say. The US sanctions policy forces other countries to choose one of the parties to the conflict, the PRC authorities said on Wednesday.

The strengthening of economic and political integration with Russia will occur due to pressure from the United States - formulate the Chinese officials (see "NG" dated 05/10/21). And the pressure from the United States with the arrival of the new administration of President Joe Biden does not decrease. On Wednesday, Chinese Foreign Ministry spokesman Zhao Lijian said the US "is forcing other countries to choose a side."

At the same time, he protested against a new anti-China bill that was submitted to the US Congress.

But the economic rapprochement between Russia and the PRC stimulates not only the American stick, but also the Chinese carrot. The key factor in enhancing economic cooperation between the Russian Federation and the Celestial Empire was the steady growth of the PRC economy. China's GDP may double by 2035. And for Russia, the question remains: will it be able to take advantage of the opening opportunities. The Valdai Club members in partnership with the CITIC Foundation for the Study of Reforms and Development of China tried to formulate an answer to this question on Wednesday.

"For both Russia and China, the growing tension in relations with the United States has become a strong incentive for deepening bilateral trade and economic relations," Valdai Club expert Yana Leksyutina told NG. In particular, they intensified energy cooperation. China began to open its market for Russian producers of agricultural products and foodstuffs (previously, the Chinese agricultural market was practically closed for Russian producers.) Russia began to encourage Chinese investments in various projects with an emphasis on those that contribute to the development of the Russian Far East. and the Arctic. It is in these areas that further positive dynamics can be expected. "

"Raw materials continue to dominate in Russian exports to China, and there is even a tendency towards an increase in the export of raw materials (primarily oil, natural gas). In 2020, Russia exported machinery and equipment to China for only $ 518 million, while the export of agricultural products reached 4 billion dollars. It is not easy to attract Chinese investments to Russia, since the interests of the parties do not always lie on the same plane. Russia is interested in attracting Chinese investments in the high-tech sphere. China is more interested in the development and production of semiconductors, but Russia has little to offer here, "says Leksyutina ...

The total volume of accumulated Chinese investments in Russia since 2011 is estimated at $ 36 billion. The largest share of these funds was invested in raw materials and energy enterprises, 15% - in agriculture and only 1.5% - in innovative projects, said the head of the direction " China "Moscow School of Management" Skolkovo "Oleg Remyga.

The trade turnover between the two countries is gradually recovering. In the first four months of 2021, it amounted to $ 40 billion. Major projects continue to be implemented. In Jiangsu province, a mechanized tunnel boring complex has begun work to cross the Yangtze River as part of the construction of a Chinese-Russian gas pipeline along the eastern route, People's Daily reported.

"While China has conflicts with the United States, the Russian economy gets additional chances for development, the only question is how much it will take advantage of these chances," Sinoruss founder Surana Radnaeva told NG. "Our countries are good at cooperation in large projects. which is largely due to the peculiarities of the structure of the Russian economy, where about 70% of GDP is formed by large companies with state participation. However, the development of interaction between medium and small businesses of the two countries still has great potential. The investment climate in the Russian Federation is still difficult to call investor-friendly. high confidence in Vladimir Putin, but they do not understand why, against the background of his loud statements about the best period of relations between the two countries, they have to overcome so many obstacles when trying to organize a business in Russia. a piece of land in an open field, while the regional authorities do not give the Chinese to build a road there, but they themselves do not do it for months. Currency regulation has been tightened, investors pay 20% income tax and another 15% on dividends. And talks about direct payments in rubles and yuan remained just talk. "