Ryazan Governor: Agricultural products account for 20% of the region's exports to China.
Markov pointed out that the volume of exports from Ryazan Oblast to China (including Hong Kong and Macau) has been steadily increasing. The most promising export products include grain, flour, snacks, chocolate, meat, and dairy products. Manufacturing enterprises in Ryazan Oblast plan to expand their export scale.
Markov further stated that enterprises in Ryazan Oblast have signed export agreements with Chinese partners for grain seeds, flax, sunflower oil, and other products.
Markov emphasized that in 2025-2026, Ryazan Oblast plans to expand two-way trade with various regions in China, involving not only agricultural products but also consumer goods, construction materials, machine tools and equipment, instrument manufacturing technology, medical devices, and pharmaceutical products.
Markov said, "We produce unique influenza vaccines, plasma products, and cancer treatment drugs. We are currently negotiating with Chinese investors. These projects are not only for the near future but also have long-term cooperation prospects."
Markov further stated that over the past year and a half, Ryazan Oblast has held three major exchange events with China: a business inspection to China; a Ryazan Oblast promotion event in Beijing; and a delegation visit to Shanghai. These platforms showcased the infrastructure advantages of Ryazan Oblast and the potential for joint production projects.
Markov pointed out that the biggest achievement was the signing of a cooperation memorandum with the Management Committee of the China-SCO Local Economic and Trade Cooperation Demonstration Zone. The document covers key areas such as international trade and logistics, infrastructure construction, and investment.
Markov previously pointed out that the trade volume between Ryazan Oblast and China has increased by 30% in the past three months. In the first quarter of 2025, trade between Ryazan Oblast and China accounted for 25% of the total foreign trade. Heilongjiang, Guizhou, and Jiangsu are the main partner provinces in China.