UDC 339.9
DOI: 10.36871/ek.up.p.r.2023.09.01.015
Authors
Dmitry V. Gordienko,
Institute of China and Modern Asia of the Russian Academy of Sciences, Moscow, Russia; Russian Academy of National Economy and Public Service under the President
of the Russian Federation, Moscow, Russia
Abstract
In the context of the introduction of anti-Russian sanctions, the task of assessing the potential of import
substitution in the economy of the Russian Federation and developing methodological approaches to assessing
the possibilities of its implementation becomes especially urgent for Russia. The purpose of the work is to assess
the impact of the prospects for expanding trade and economic ties between Russia and China in these conditions
The prospects of expanding trade and economic ties between Russia and China, as well as with other
countries, have been assessed. Based on statistical data, a methodological approach is proposed to assess the
domestic potential of import substitution and the possibilities of its implementation, as well as the prospects for
expanding trade, economic and investment ties between Russia and China. The proposed approach makes it
possible to forecast the implementation of import substitution in the economy of the Russian Federation.
The results of the study can be used to assess the potential of import substitution of products, works and
services in the economy of the Russian Federation and substantiate recommendations to the leadership of
our country. It is concluded that the People’s Republic of China and other countries can realize the commodity
and investment potential of import substitution of products in the economy of the Russian Federation.
Keywords
Russia, China, import substitution, goods, work, service, foreign trade, investment, anti-Russian sanction.
