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| China-Russia |
China-Russia energy cooperation is set to deepen after both countries agreed to expand collaboration across energy, chemicals, metallurgy, agriculture and manufacturing. The pledge followed Russian president Vladimir Putin’s state visit to Beijing on 19-20 May.
China-Russia energy cooperation remains the core of the bilateral relationship. Oil, gas, coal, nuclear power and renewables all featured in the joint statement, showing that energy security remains central to both countries’ strategic alignment.
China-Russia energy cooperation also has wider industrial meaning. Stable Russian energy flows support China’s manufacturing base, while Russian suppliers gain a critical long-term market as western sanctions continue to reshape trade.
The two countries also agreed to extend their treaty of good-neighbourliness and friendly co-operation. That move reinforces a long-term political framework for resource trade, industrial projects and supply-chain coordination.
Energy and Nuclear Ties Anchor Strategic Partnership
Energy remains the strongest pillar of China-Russia trade. Russia is China’s largest supplier of pipeline gas, delivering through a 38bn m³/yr pipeline and accounting for about 45% of China’s pipeline gas imports.
However, the joint statement did not confirm progress on a second major gas pipeline. That omission suggests that both sides still have commercial or political issues to resolve before expanding pipeline capacity further.
Russian crude also remains important to China. China imported an average of 2.53mn b/d of Russian crude in January-April, up from 2.01mn b/d a year earlier.
The buyer structure is shifting. State-owned Chinese refiners have reduced some purchases since tighter US sanctions began last October, while independent refiners remain more focused on margins and cargo economics.
Nuclear energy is another strategic link. China and Russia will continue work on the Tianwan and Xudabao nuclear projects, which are expected to come online around 2026-28.
The two countries also plan to cooperate on advanced nuclear technologies, including fast reactors, fusion power and closed fuel cycle systems. This gives the relationship a long-term technology dimension beyond fossil fuel trade.
Renewable energy also appeared in the statement, including green power certificates. That language shows both sides want energy cooperation to cover low-carbon systems, even while oil, gas and coal remain central.
Agriculture, Metallurgy and Manufacturing Deepen Trade Flows
Agriculture is becoming a larger part of the partnership. China and Russia agreed to expand bilateral trade in meat, seafood, grains, oilseeds, vegetable oils and feed protein meals.
China already allows Russian beef and by-products that meet registration and disease-free zone requirements. It also lifted restrictions on Russian pork exports after a long ban linked to African swine fever.
Russia has become a key supplier of sunflower and rapeseed oils to China. It is also China’s largest source of non-GM soybean imports, making food security another strategic layer in the relationship.
Metallurgy and chemicals also remain important. China’s non-ferrous sector imports selected Russian raw materials, including antimony concentrate.
This matters because antimony is a critical material for flame retardants, lead alloys, ammunition, batteries and defence-related applications. Russian supply can help China manage raw material availability in niche but strategic metals.
The two countries also plan to deepen cooperation in automotive manufacturing, shipbuilding and civil aviation. Chinese automakers have already invested in Russian production, while Russia remains an important market for Chinese vehicles, including electric vehicles.
The wider industrial direction is clear. China and Russia are not only increasing commodity trade. They are building a broader economic partnership that connects energy, raw materials, food, manufacturing and strategic technologies.
The Metalnomist Commentary
China and Russia are building a resource-and-industry bloc designed to withstand western pressure. The metals market should watch the metallurgy and critical minerals angle closely, because raw material flows such as antimony can become strategically important even when volumes are small.

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