Russian-Chinese Cooperation in the Sphere of Digital Economy

Abstract

Cooperation in the development of the digital economy has become one of the most significant and promising areas of interaction between China and Russia in the context of the increasingly complicated international environment and situation and the desire of the West to restrain the economic development of both countries. Both in Russia and China, the digitalization of the economy is considered one of the main factors in increasing international competitiveness, stabilizing economic growth and improving the quality of life, as well as achieving technological independence. The article discusses the achievements and shortcomings of both countries in the formation of the digital economy, assesses the potential for its development in both countries in terms of resource availability and endowment, analyzes the prerequisites and areas for cooperation in the development of digital technologies, and formulates proposals for its improvement.