Abstract
The adoption and implementation of the Russian Law “On Production Sharing Agreements” marks a significant increase in the openness of the Russian oil and gas sector. The purpose of this law is to encourage and attract more foreign direct investment in the Russian manufacturing sector. In the context of the fruitful results of strategic cooperation between China and Russia, the role of the “Crushed Stone Ballast” of energy cooperation was additionally demonstrated. From the point of view of Chinese scientists, this article analyzes the prerequisites for the introduction of the Russian system of production sharing agreements and the goals of the introduction of the system, and, finally, predicts the trend of cooperation between China and Russia in this area.
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