Cooperation in the agricultural sector has become one of the most successful examples of ties between China and Russia, as the two comprehensive strategic partners continue to strengthen their bilateral relations.
Dongning Huaxin is a conglomerate based in northeastern Chinese province of Heilongjiang. The company set up an agricultural joint venture with Russian partners in the southeastern Russian province of Primorskiy Kray in 2004, aiming to create an integrated project which include plantation, farming, processing and warehouse services.
Over the years, the project has secured investment of more than 100 million US dollars. The money in return has given birth to an agricultural park covering an area of 68-thousand hectares.
Dongning Huaxin's agricultural investment is not an isolated case.
Data from the provincial authorities of Heilongjiang show the province alone has around 120 enterprises that are currently investing in agricultural programs in Russia.
Russia is looking to revitalize its agricultural sector as the country learns the lesson of economic sanctions imposed by the US and the European Union over the past few years.
Boris Titov, co-chairman of the Russian-Chinese Committee of Friendship, Peace and Development, says cooperation with China is a fast track to realize the goal, as the agricultural industries of the two countries are complementary.
"The pollution-free agricultural products from Russia have very good sales in China. China is currently one of the world's major food importers. More and more Russian agricultural goods are entering the Chinese market while at the same time, many Chinese companies have come to Russia to invest in our agricultural sector."
At the moment, 30-per cent of Russian exports to China are contributed by agriculture.
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