Let us consider production niches. For example, agriculture. The consumption is massive. <…> Last year export of agricultural produce from Russia to China increased by 25%. <…> The second one is pharmaceuticals. <…> The population [of China, – Ed.] is growing old, so pharmaceuticals are in high demand, and the pharma market is expanding. The next thing is ‘green’ products – industrial production that boosts energy saving and reduces emissions. <…> Everything related to the ‘green’ economy forms a huge niche on the Chinese market. As for services, they are still undervalued in our relations with China. The complete services turnover is just 6 billion. There is a huge potential here. <…> It is tourism, business trips, medicine, education — Timur Maksimov, Deputy Minister of Economic Development of the Russian Federation.
The Chinese population is growing old. <…> Despite the success of Chinese producers, the main share of hi-tech expensive medicaments still comes from abroad. China buys American and European medications that are hi-tech, expensive, cutting edge. <…> Now we are successfully winning our own market back from international pharmaceutical companies — Dmitry Morozov, General Director, BIOCAD.
We know that Russia boasts a very high level of education, and now China is very focused on education. <…> We show a lot of Hollywood and Bollywood movies in China. <…> But in my opinion, Russian films should also be screened in China. It is a huge niche — Xiaojun Yang, President, 9F Group.