FEATURES OF THE DEVELOPMENT OF CROSS-BORDER TRADE BETWEEN RUSSIA AND CHINA IN MODERN CONDITIONS

УДК 339.5

  • S. I. Obiremko Altai State University (Barnaul, Russia) Email: obiremko@inbox.ru
  • M. Yu. Ivanova Plekhanov Russian University of Economics (Moscow, Russia) Email: ivanova_maria07@mail.ru
  • Jian Zhang Altai State University (Barnaul, Russia) Email: 1783118411@qq.com
Keywords: cross-border trade, cross-border trade management, bilateral and multilateral trade relations, the role of international economic unions and organizations, supply chain, value chain, industry chain, transaction chain

Abstract

The article discusses theoretical issues and some practical aspects of the development of cross-border trade. To understand the strategic importance of cross-border trade at the present stage of transformation of international economic relations, materials describing the state of cross-border trade between the Russian Federation and the People's Republic of China were used.

In the theoretical part of the article, attention is drawn to the diversity of approaches to the definition of «cross-border trade», understanding the importance of rapidly developing elements of the structure of crossborder trade. The authors state the state of development of institutional aspects of bilateral trade relations between Russia and China, as a convergence of positions on key issues of legislation and taxation, product certification and customs regulations.

Much attention is paid to the practical confirmation of the irreversibility of some trends in the formation of the economic foundations of a multipolar world.

In the practical part, the most important problems of logistics and management of cross-border trade are investigated.

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Author Biographies

S. I. Obiremko, Altai State University (Barnaul, Russia)

кандидат экономических наук, доцент кафедры экономики и эконометрики

M. Yu. Ivanova, Plekhanov Russian University of Economics (Moscow, Russia)

бакалавр

Jian Zhang, Altai State University (Barnaul, Russia)

магистрант

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Huang Zhiyong A study of China's communication strategy with neighboring countries as a common understanding of “One Belt, One Road”. Guangxi People's Publishing House. 2016. P. 5.

Wei Hao. The Law on Foreign Trade of the People's Republic of China. China, 2001.

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Tian Guiping. Economics of logistics. Machinery Industry Press, 2007.

Zhu Rongming. “Sino-Russian cooperation, the value of which exceeds $ 100 billion, is gaining momentum again” — Chinese Oil and Petrochemical industry. 2022.2.22.

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Published
2023-12-08
How to Cite
1. Obiremko S. I., Ivanova M. Y., Zhang J. FEATURES OF THE DEVELOPMENT OF CROSS-BORDER TRADE BETWEEN RUSSIA AND CHINA IN MODERN CONDITIONS // Economics Profession Business, 2023. № 4. P. 84-95. URL: http://journal.asu.ru/ec/article/view/epb202358.
Section
ЭКОНОМИЧЕСКИЕ НАУКИ