Research On The Development Status Of Sino Russian Trade And The Construction Of FTA

China Russia trade in goods is highly complementary,In 2020,the PD index of the two countries was 0.85173.The product structure of China Russia trade is quite different,the products are less competitive,and the complementarity is high.The problem is that the current bilateral trade between China and Russia is small,the commodity trade structure is single,and the service management system is not perfect.In addition,based on the combination of theoretical analysis and empirical analysis,the paper discusses the process and current situation of China and Russia’s participation in FTA,the necessity and feasibility of building China Russia FTA,and makes an empirical analysis by using the gravity model combined with the panel data related to China Russia trade to study the bilateral trade volume,the GDP of partner countries,the population of partner countries The virtual variables of the distance between the two capitals and whether the two countries have signed a free trade agreement with China have an impact on the bilateral trade volume,and the empirical results are used to measure the trade potential between China and Russia.The analysis results show that in the trade between China and Russia,the GDP and population factors play a promoting role,and the direct distance between the capitals plays a blocking role.The empirical results show that the signing of FTA plays a significant role in the trade between the two countries,The conclusion is that we should strengthen efforts to promote the early signing of a free trade zone between China and Russia.The trade potential coefficient between China and Russia is 2.9821.The trade between the two sides belongs to potential reshaping.It can be learned that the development of trade between the two countries has reached a bottleneck period,and it is urgent to cultivate new positive factors to build new trade potential.The construction of FTA is an important new force for the new development of trade between China and Russia.Both China and Russia should actively respond to and implement it.Finally,according to the above analysis,this paper summarizes the construction of China Russia Free Trade Zone,and provides compliant suggestions for the construction of FTA between China and Russia,in order to promote the construction of China Russia FTA and promote the diversified development of goods trade;Strengthen work together in the field of science,technology and education and advance talent exchange;Improve the money invested surroundings and strengthen investment work together;Attract foreign money invested and improve the productiveness of capital use.The establishment of the China Russia free trade zone is a complex process that requires long-term promote to a higher office and joint efforts by the two countries to exclude difficulties.Although this process is tortuous and difficult,the prospects for work together between China and Russia are broad.In this regard,China and Russia should give full play to the complementary advantages of the two countries,make use of positive factors such as geography and politics,promote cooperation in various aspects,contribute to the common interests of the two countries,and strengthen cooperation and communication with each other,Overcome all difficulties,overcome obstacles and work together.Throughout the present,this paper has made certain dedicate to the application of basic theories and the compute of economic growth.