Chinese President Hu Jintao recently embarked on a state trip to Kazakhstan, Russia and Ukraine, and is scheduled to arrive in Russia on Wednesday. Bilateral deals concerning energy and finance are likely to be concluded during Hu's four-day visit to Russia. "Judging from the current trend, our target is very likely to be realized," Hu said during an interview with Russian media prior to his visit. Two-way trade volume reached about 60 billion U.S. dollars in 2010, making China Russia's largest trade partner, said Hu. Deputy Minister of Commerce Wang Chao said at the fair that trade volume between China and Russia for the first five months of this year has continued to rise. He said Sino-Russian trade went up 30 percent year-on-year to hit 29.1 billion U.S. dollars. Sergey Tsyplakov, a Russian trade representative, said "as the economies of both countries continue to develop well, I'm confident that the 100-billion-dollar trade target will be met." Tsyplakov said trade quality must also be emphasized. "On one hand, we need to enlarge trade volume, but on the other hand, we need to improve our trade structure," he said.

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