Russian media reports that currently, a quarter of foreign-funded companies in Russia are founded by Chinese citizens.
A study commissioned by Russian news agency Sputnik and conducted by Russian deal verification service Rusprofile found that among the foreign-funded companies operating in Russia, a quarter have Chinese founders.
The report quotes analysts as saying that as of last Wednesday (May 13), “Over 15,500 companies with Chinese citizens or institutions as founders have been registered in Russia. Currently, companies with Chinese involvement account for 23.6% of all organizations with foreign founders.”
The report also mentions that in most cases, Chinese entrepreneurs set up businesses related to wholesale and retail trade, as well as online commerce.
The report also mentions that in most cases, Chinese entrepreneurs set up businesses related to wholesale and retail trade, as well as online commerce.
According to China Central Television News (CCTV), Ma Chi, Deputy Director General of the Eurasian Department of China’s Ministry of Commerce, said at the press conference of the China-Russia Expo on May 8 that in recent years, China-Russia economic and trade cooperation has overcome multiple challenges posed by a complex international environment and has shown strong resilience and vitality.
Ma Chi stated: “The fundamentals of bilateral trade are solid and robust. In 2025, bilateral trade between China and Russia reached 227.9 billion US dollars (equivalent to 906.404 billion Malaysian ringgit), marking the third consecutive year that the 200 billion US dollar mark has been surpassed. China has remained Russia’s largest trading partner for 16 consecutive years.”
He also said that in the first quarter of this year, bilateral trade reached 61.2 billion US dollars, up 14.7% year-on-year, and noted that the proportion of electromechanical products and high-tech products in bilateral trade continues to rise.
Ma Chi stated: “The fundamentals of bilateral trade are solid and robust. In 2025, bilateral trade between China and Russia reached 227.9 billion US dollars (equivalent to 906.404 billion Malaysian ringgit), marking the third consecutive year that the 200 billion US dollar mark has been surpassed. China has remained Russia’s largest trading partner for 16 consecutive years.”
He also said that in the first quarter of this year, bilateral trade reached 61.2 billion US dollars, up 14.7% year-on-year, and noted that the proportion of electromechanical products and high-tech products in bilateral trade continues to rise.