News dynamics

The US government 2025 Year 4 implemented in the month of " reciprocal tariffs " policies, especially the tax measures targeting the medical field. It is predicted that this will significantly impact the trade relationship between China and Russia, and may drive growth in Russian exports in the following areas :

I. Overall Impact on China-Russia Trade 1. The trade diversion effect will intensify. After China's medical product exports to the US are hindered, Russia, as a strategic partner, will become a key alternative market. 2024 The China-Russia trade volume has exceeded 2400 US dollars, and tariff pressure will accelerate this trend. 2. Supply chain restructuring needs. Russia's dependence on medical equipment imports reaches 67% (2023 year data ) combined with the supply gap caused by Western sanctions, China can fill the market gap through " the medical Silk Road " to fill the market void. 3. Deepening technological cooperation In high-end CT scanners, ultrasound equipment and other areas restricted by the US, China and Russia may launch joint research and development plans, such as the previous cooperation between Harbin Institute of Technology and the Skolkovo Innovation Center in Russia.

II. Predicted Areas of Growth Potential for Exports to Russia 1. Medical product clusters, intelligent medical equipment : equipped with A1 portable ultrasound equipment with diagnostic systems ( Shenzhen Mindray 2024 year's export growth to Russia 87% Localized production of consumables : By establishing joint ventures in regions such as Tatarstan, local supply of surgical sutures, catheters, and other products can be achieved. Traditional Chinese medicine rehabilitation equipment : Acupuncture robots, traditional Chinese medicine atomization therapy instruments, and other characteristic products. 2. Industrial technology equipment, oil and gas extraction equipment : Arctic LNG projects requiring cold-resistant drilling equipment (2024 year Russia's import substitution demand is 42 US dollars ) Intelligent agricultural machinery : Unmanned tillage systems adapted to Siberian permafrost conditions. Complete sets of chemical equipment : Based on " the Belt and Road Initiative " modular refinery units under the framework of production capacity cooperation. 3. Digital technology products, automotive-grade chips : to meet GAZ and Volga automobile manufacturers' 28nm process requirements. Data center equipment : Huawei's Phase II supercomputing center project supporting equipment in Krasnodar. Satellite navigation terminal : compatible with GLONASS/ BeiDou dual-mode logistics tracking equipment. 4. Livelihood security materials, smart agriculture systems : Including photovoltaic greenhouses, hydroponic planting modules, and new energy vehicles : Chery's electric bus project in cooperation with the Moscow Public Transportation Group. Special textiles : Graphene heated clothing for Arctic scientific expeditions.

III. Predicted Structural Adjustment Trends 1. Settlement system reform, Ruble - RMB bilateral settlement ratio is expected to increase from 2024 year's 68% to 85% or more. A Chinese bank and the Russian Foreign Economic Bank are developing a digital currency settlement channel. 2 Logistics network optimization " Arctic shipping route + China-Europe freight trains " The combined transport mode will shorten 15% lead times, and a cold chain special line between Dalian Port and Murmansk Port has been trial-operated. 3. Standard system integration. The mutual recognition list of China-Russia medical equipment is expected to 2026 expand to 3000 items in the year. The joint certification center under construction in Qingdao will be 2025 Year Q3 put into operation. This round of tariff policies will accelerate the deep coupling of the China-Russia economy, forming " joint technological research - production capacity synergy - market sharing " a new cooperation paradigm.