Special representative of the Russian President for relations with international organizations to achieve sustainable development goals, Boris Titov, reported that trade turnover with China from January to July 2026 reached nearly $160 billion.

"Today the figure is $159.24 billion, for the period from January to July," Titov said.

He noted that during active business relations with Europe, Russia-Germany trade turnover slightly exceeded $100 billion.

According to the presidential envoy, as of May 13, 15,500 companies with Chinese founders or co-founders were registered in Russia, compared to 1,400 such companies in 2021.

Titov added that cooperation with China is developing most actively in sectors such as e-commerce, trade, logistics, construction, and services.