According to Chinese Ambassador to Russia Zhang Hanhui, the share of Chinese cars in the Russian market more than doubled to 19.2 percent last year from 7 percent in previous years. Thus, in 2022, China exported more than 160,000 cars to Russia, an increase of 33.4%.
In an interview with Izvestia newspaper, Zhang Hanhui said that last year the trade turnover between Russia and China hit a record high of $190.27 billion. In addition, China’s home and consumer electronics exports to Russia amounted to $4.09 billion. Smartphones, TVs, washing machines, refrigerators and other Chinese brands continue to win the hearts of Russian consumers due to their quality and affordability, the diplomat said.
