Economic Cooperation Between Russia and China in the Context of Modernization of their National Economies

Q4 Social Sciences

Perspectives on Federalism Pub Date : 2020-12-15 DOI:10.21686/2073-1051-2020-4-157-172

N. Stepanov, E. A. Sokolovskaya

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引用次数: 0

Abstract

The current model of state regulation in China has allowed it to take a special place in the modern process of reformatting the system of international economic relations. This model, based on a combination of strategic and indicative planning, market competition, and targeted lending to significant government projects, allowed us to ensure not only the growth of consumption, but also the development of investment platforms aimed at reducing risks, creating social entrepreneurship institutions, and so on. Strengthening economic cooperation between the PRC and the Russian Federation is an important factor in solving not only the internal problems of both countries, but also strengthening stability in the far Eastern region. The article analyzes the problems of Russian-Chinese cooperation related to the increase in financial flows between the two countries, mutual investment, the lack of existing bilateral effective and reliable settlement channels and payment systems, etc. In General, strengthening cooperation between Russia and China is an important component of the structural modernization of the domestic economy.

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国民经济现代化背景下的俄中经济合作

中国目前的国家调控模式使其在国际经济关系体系重构的现代进程中占据了特殊的地位。这种模式结合了战略规划和指示性规划、市场竞争和对重大政府项目的定向贷款，既保证了消费的增长，也保证了以降低风险、创建社会创业机构等为目标的投资平台的发展。加强中华人民共和国和俄罗斯联邦之间的经济合作，不仅是解决两国内部问题的重要因素，也是加强远东地区稳定的重要因素。文章分析了俄中合作中存在的问题，包括两国之间的资金流动增加、相互投资、缺乏现有的双边有效可靠的结算渠道和支付系统等。总的来说，加强俄中合作是国内经济结构性现代化的重要组成部分。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Perspectives on Federalism

CiteScore

0.10

自引率

0.00%

发文量

审稿时长

5 weeks

期刊介绍： Perspectives on Federalism is an Open Access peer-reviewed journal, promoted by the Centre for Studies on Federalism. This initiative follows the Bibliographical Bulletin on Federalism’s success, with an average of 15000 individual visits a month. Perspectives on Federalism aims at becoming a leading journal on the subject, and an open forum for interdisciplinary debate about federalism at all levels of government: sub-national, national, and supra-national at both regional and global levels. Perspectives on Federalism is divided into three sections. Along with essays and review articles, which are common to all academic journal, it will also publish very short notes to provide information and updated comments about political, economic and legal issues in federal states, regional organizations, and international organizations at global level, whenever they are relevant to scholars of federalism. We hope scholars from around the world will contribute to this initiative, and we have provided a simple and immediate way to submit an essay, a review article or a note. Perspectives on Federalism will publish original contributions from different disciplinary viewpoints as the subject of federalism requires. Papers submitted will undergo a process of double blind review before eventually being accepted for publication.