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Web of Proceedings - Francis Academic Press

Innovation in Financial Services Supports the Small and Micro Enterprises of Heilongjiang's Border Trade with Russia

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DOI: 10.25236/iwass.2018.210

Author(s)

Huiling Yu

Corresponding Author

Huiling Yu

Abstract

Located on the Sino-Russian border, Ganlongjiang Province has a unique advantage in developing economic and trade cooperation with Russia. China and Russia are strategic cooperative partnerships. Russia and China are both BRICS countries, and they play an important role in the international political arena. Due to the geographical location advantage of Heilongjiang, the trade with Russia in Heilongjiang in China also plays a very important role. The Chinese "Mesh Road Economic Belt" and the Russian "Eurasian Economic Union" construction are the basis for deepening the pragmatic cooperation between the two sides. It will bring Sino-Russian relations into a new stage and will "Longjiang Luhai Wire Road Economic Belt" "To create a new engine for promoting economic and social development in Heilongjiang Province, Heilongjiang Province should seize the opportunity of the construction of the "Lianglong River Luhai Silk Road Economic Belt" and vigorously develop economic and trade cooperation with Russia. The economy is a vivid development of the region. and how to evaluate regional development depends on its financial efficiency.

Keywords

Financial Service, Small and Micro Enterprise, Border Trade With Russia