Russia-China Digital Trade: State, Potential, Trends

Abstract

The article analyzes the state, potential and trends in Russia-China digital trade. It is noted that the trade has been growing rapidly in recent years, becoming a new driver of economic and trade cooperation between the two countries. Although the turnover of Russia-China digital trade is still relatively small, it has great potential and good prospects. With new developments in the global digital trade market, Russia and China could accelerate the pace of digital trade cooperation. At the same time, with deeper integration of digital technology and socio-economic development, the latecomer advantage of Russia-China digital trade would gradually come to the fore, fully empowering the high-quality development of Russia-China economic and trade cooperation.