This article examines the features and main problems of Vladivostok as a large city in the Russian Far East and an important hub connecting Russia and China. The Russian Far East is a vast region rich in resources and focused on the vast market of the Asia-Pacific region. However, in recent years, a number of reasons have weakened the basis for the development of a comprehensive strategic partnership between Russia and China. After the start of the Russian-Ukrainian conflict in 2022, Russia actively "looks to the east" and creates a model of economic development focused on the Asia-Pacific region. The Chinese initiative "One Belt, One Road" and the strategy of comprehensive openness have created conditions for the development of cooperation between the Northeast of China and the Russian Far East. In order to promote the accelerated development of the Far East, Russia is actively creating cities with advanced socio-economic development and hopes to improve business conditions in the Far East through a number of measures such as: improving infrastructure, providing tax incentives and simplifying administrative procedures in order to increase its investment attractiveness, increase employment and contribute to the economic development of the region, which will lead to the rise of the entire national economy. The following methods of scientific research were used in the work: the method of analysis and synthesis; generalized method; classification method; specific method; systematic method; phenomenological method. The main conclusions of the study are that in the overall strategic context of the modern world, China and Russia should gradually strengthen their complementary advantages and local industrial cooperation between the two countries. Vladivostok, as the fastest growing city in the Far East, has a great influence on regional cooperation between Russia and China. China has always been Russia's largest partner in the Far East in terms of bilateral trade, foreign investment and financial participation in recent years, so how to make rational use of Vladivostok's advantages and how to solve Vladivostok's current problems (for example, transport problems, demographic problems and the investment market for enterprises of the two sides) is the way to achieve the common development of both countries.