FOREIGN TRADE COOPERATION BETWEEN CHINA AND SIBERIAN REGIONS

The paper examines sectoral and geographical structure of China's foreign trade cooperation with Russia in general and Siberian regions in particular. The history of foreign economic relations between Russia and China is revealed. The share and place of China in the structure of Russian commodity supplies have been determined. The geographical and commodity structure of China's exports and imports, as well as the share and place of Russia in the country's foreign trade turnover, have been identified. The role of Siberia in the structure of Russian-Chinese foreign trade cooperation and the dynamics of its share in recent years are shown. The share and value indicators of trade turnover and the main commodity groups of exports and imports of China and each Siberian region are calculated. More detailed attention is paid to the regions being leaders in the structure of Siberian-Chinese cooperation, in terms of both in export and import. The significance of foreign trade with China for the Siberian regions is determined. Issues of investment cooperation between Russia and China are touched upon, as well as the dynamics of the use of national currencies in foreign trade transactions between countries. The ways of commodity communication between China and Siberia are explained. The features and problem areas of their foreign trade cooperation are identified. Taking into account the intensified turn of Russia's vector of cooperation to the east in 2022, several promising ways of interaction between China and Russia in general and the Siberia in particular have been proposed. Namely: increasing the depth of processing of Siberian exported raw materials, increasing non-raw material exports from Siberia, further modernizing the railway infrastructure of eastern Russia, an alternative route for transporting Siberian bulk cargo to the East Asian market through Kazakhstan, creating an international transport corridor through Mongolia, constructing new elements of railway infrastructure, including the border crossing, Russia's third railway access to the Pacific Ocean, the development of interstate interaction at the level of small and medium-sized businesses.