Industrial Cooperation Research Articles

Financial Technology and New Quality Productive Forces of Enterprises

The field of financial technology (Fintech) is rapidly advancing within the global economy, offering essential support to businesses undergoing digital transformation, enabling data-driven decision-making, and providing access to innovative financial services. New quality productivity, crucial for achieving high-quality development, represents a more integrated and modern form of productivity in the digital age, driving ongoing progress and advancement for businesses. This study utilizes data from Chinese A-share listed companies (2011-2022) to investigate the influence of Fintech on enterprise productivity and its underlying mechanisms. The empirical findings reveal that regional levels of Fintech significantly enhance new quality productivity through technological innovation and optimized allocation of production factors. It is observed that the business environment plays a critical role in moderating the impact of Fintech on new quality productivity. Furthermore, the study highlights Fintech's substantial impact on state-owned enterprises, large-scale firms, and non-high-tech sectors. These findings offer valuable insights for businesses facing transformation challenges. Governments can further empower businesses to maximize Fintech's role in achieving new quality productivity by enhancing the business environment and promoting industry cooperation.

Cultural intelligence and cooperation in the construction industry: the mediating role of trust

Purpose This study aims to investigate the mediating role of trust in the relationship between cultural intelligence (CQ) and cooperation among construction professionals. Furthermore, this study assesses perceived differences in CQ, trust and cooperation between individuals with and without experience working with foreigners in the construction industry. Design/methodology/approach Data were gathered from a cross-sectional survey of 408 engineers in Myanmar’s construction industry. A confirmatory factor analysis validated structural equation modeling approach was used to address research hypotheses, and an independent samples t-test was performed to identify the perceived differences between two categories of respondents. Findings The structural equation modeling results identified CQ as a positive direct predictor of cooperation, affect-based trust and cognition-based trust. Both affect-based trust and cognition-based trust directly and positively influenced cooperation. The relationship between CQ and cooperation was partially mediated by affect-based trust and cognition-based trust. The findings of the independent samples t-test revealed that construction employees with prior experience working with foreigners tend to exhibit a higher level of CQ, trust and cooperation than their counterparts. Originality/value The present study added the mediating role of trust in CQ and cooperation linkage, an area that has received limited attention in the literature.

Impact of Supply Chain Disruptions and Inflation on the Construction Industry in the Arab States of the Gulf Cooperation Council

During the years of 2022-2023, the world economy encountered the significant challenge of supply chain disruptions due to COVID 19, Russia’s invasion of Ukraine, and government subsidies during 2020 and 2021. In addition, COVID 19 disturbed the balance of the labor market; many workers retired, changed professions, moved, etc. creating a shortage of workforce. The supply chain disturbance and labor shortage lead to inflation rates that have not been seen for 40 years. The construction industry is a significant part of the any country’s economy including the Gulf Cooperation Council (GCC) countries which is composed of: United Arab Emirates, Bahrain, Kingdom of Saudi Arabia, Sultanate of Oman, Qatar, and Kuwait. It is hypothesized that the GCC States are immune to such supply chain and inflation drivers due to the oversupply of imported work force and the economic prosperity that these countries enjoy. Is the construction sector, which is one of the leading economic sectors in the GCC region also immune as well? This paper attempts to examine this hypothesis through a survey designed to capture the opinions of construction professional operating in these states. This survey attempts to • Examine the impact of supply chain disturbance, labor shortage, and inflation on the construction industry in the GCC countries. • Figure out how the construction industry reacted to and dealt with these challenges. The findings of this research would give us a snapshot of the state of the construction industry and help the industry deal with the above-cited challenges. Keywords: Inflation, supply chain, construction industry, and Gulf Cooperation Council (GCC)

Research on the Communication and Development of Heilongjiang Cultural and Creative Industry under the Background of “Belt and Road”

This paper focuses on the research on the dissemination and development of cultural and creative industries in Heilongjiang Province under the background of “Belt and Road.” Firstly, the paper analyzes the main characteristics of cultural and creative industries in Heilongjiang Province and then puts forward the leading advantages of the government to promote the development of cultural and creative industries. The government gives full play to its regional advantages and creates Longjiang cultural products, while also accelerating regional industrial cooperation and innovative cultural communication forms. In-depth discussion is made on integrating scientific and technological means of the times and strengthening the cultivation of innovative talents. The government optimizes the communication and development path of the Heilongjiang cultural entrepreneurship industry and brings positive influence to the stable development of the Heilongjiang region in the future.

Development of Sustainable Industrial Safety and Health Policy for Electronic Industry in Korea: A Study on the Relationship Between Safety Leadership of Managers, Safety Climate, and Safety Behavior

This study aimed to identify the relationship between the safety leadership of safety and health managers, the safety climate of the organization, and the safety behavior of workers in the electronics industry in order to develop a sustainable industrial safety and health policy. The study included 842 individuals working at electronics industry cooperators. After analyzing the correlation between safety leadership of managers, safety climate, and safety behavior using SPSS 23.0, measurement model analysis and structural equation modeling (SEM) were performed using AMOS 26.0 to evaluate their relationships. We observed that the safety leadership of managers was associated with safety climate and safety behavior. Additionally, among the sub-dimensional variables of safety climate, the management’s commitment to safety and health and the delivery and communication of safety and health information were related to safety behavior. Therefore, enhancing worker participation and behavior requires strengthening the safety leadership of managers, increasing management’s commitment to safety and health, and improving the effectiveness of safety and health information delivery and communication.

Enhancing collaboration quotient in crop protection research and development - multi-disciplinary cross-learning to promote sustainability.

After a decade of consolidation with a focus on top market players, global crop protection research is undergoing a paradigm transition by integrating new cutting-edge technologies originating from established and new research organizations. Both development and distribution organizations are working together to make these innovations available to the global farming community. For this, excellent crop protection products are in demand, creating value for farmers and society with superior biological performance and at the same time very high product safety profiles. However, the enormous constraints researchers are exposed to, require the discovery and development of innovative solutions in the shortest possible time frame, while embracing environmental, social, and governance (ESG) objectives as the new normal across the whole industry. Today, fully integrated research and development (R&D) companies are addressing the whole plethora of agrochemistry, biologicals and plant health products, organic farming, seeds and traits, new application technologies, digital farming, improved diagnostics, artificial intelligence (AI), and machine learning (ML)-based approaches. However, there is still a strong need for further innovations from a wide range of sources. Targeted collaboration across various market players is key to combining required activities. This mandates a high level of discipline to frame the proprietary and knowledge environment across the industry. Furthermore, the cooperation of industry and academia will enable an extra push for innovation in the crop protection landscape. Current trends and suggestions are given of how collaborations need to be framed within the industry as well as within the public sector. © 2024 Society of Chemical Industry.

Bibliometric Analysis of Green Themed Graduate Theses to Achieve Sustainability Goals

People all over the world are striving to achieve 17 interconnected ambitious sustainable development goals. This study is planned to examine green-themed graduate theses required for sustainability, to emphasize the importance of sustainability, to reveal the current trend and to guide future researchers. A search was conducted between 2000 and 2023 with the keyword green (economy, trust, logistics, marketing, purchase intention, product, management) from the National Thesis Center database of the Turkish Higher Education Institution and 413 theses were reached. The data was analyzed with the bibliometric method using Word Art, Microsoft Word 2015, Microsoft Excel 2015 and SPSS 26 package programs. At the end of the analysis, it was seen that the vast majority of theses were master's theses and the language of writing was Turkish. It was seen that the vast majority of theses were written in the social sciences institute and business department of state universities. Quantitative data was mostly used in theses. The vast majority of theses related to sustainability are research on green marketing and green products. In order to achieve sustainable development goals, university and industry cooperation should be increased and universities should guide society.

Assessing Higher Education Institutions' Readiness for Startup Development in the Philippines: Policies, Challenges, and Recommendations

Objective: This research intends to identify and overcome obstacles in establishing spin-off companies in Philippine public colleges. The goal is to provide policies and guidelines to create a supportive environment for successful spin-off formation. Theoretical Framework: This study's theoretical framework is based on literature related to spin-off formation, innovation ecosystems, entrepreneurial culture, intellectual property management, industrial cooperation, and policy development. It combines international best practices and tailors them to fit the specific circumstances in the Philippines to provide a thorough insight into the issues and possible remedies. Method: This study used a case study research design, including a literature review, interviews with important stakeholders, and surveys done at Philippine state colleges. The literature analysis provides a theoretical basis, while interviews and surveys give insights into the obstacles encountered by academics and stakeholders engaged in spin-off generation. Results and Discussion: The challenges identified in spin-off company establishment encompass limited funding resources, complex regulatory procedures, insufficient entrepreneurial culture, inadequate industry collaboration, intellectual property management intricacies, and a lack of business expertise among researchers. Leveraging a meta-synthesis approach, this study derives strategies to address these challenges, involving intellectual property management reforms, entrepreneurial culture cultivation, enhanced industry collaboration, seed funding and incubation support, streamlined regulatory procedures, and continuous monitoring and evaluation. Research Implications: The proposed policy and guidelines outline actionable measures that underscore the significance of intellectual property protection, entrepreneurship education, industry engagement, financial support, regulatory facilitation, and robust evaluation mechanisms. By melding international insights with local imperatives, this research contributes to the dynamic evolution of the spin-off ecosystem in Philippine state universities. This endeavor not only paves the way for vibrant academic-industry partnerships but also amplifies the impact of research outcomes, propelling the nation towards a future characterized by innovation-led prosperity. Originality/Value: This research adds value by offering a comprehensive analysis of challenges in spin-off creation within Philippine state universities and proposing tailored policy and guidelines to address these challenges. By synthesizing global best practices and adapting them to local needs, this study contributes to the enhancement of the spin-off ecosystem, fostering innovation, entrepreneurship, and economic growth in the Philippines.

An Analysis of Japan’s Diplomacy towards Israel since Shinzo Abe Era: Based on the Theoretical Framework of Neoclassical Realism

Neoclassical realism theory holds that a nation’s foreign policy is the result of international systemic stimuli intervened by domestic variables. It provides a suitable theoretical framework for analysing the changes of Japan’s foreign policy towards Israel. For a long time after World War II, the relations between Japan and Israel remained cold mainly under the system constraints and its contradictions with domestic variables. However, since Abe’s second term in power, Japan has significantly strengthened its diplomatic relations with Israel. The changes both in the Middle East regional system and the global system have stimulated the adjustment of Japan’s policy while the domestic variables have responded to systemic stimuli actively. Japan’s strengthening of relations with Israel is reflected in several aspects, including high-level political visits, innovative industrial cooperation, and people-to-people cultural diplomacy. On the whole, Japan’s development of relations with Israel serves the interests of both countries and has had a certain impact on the international system. However, there are obvious limitations to Japan’s intensifying diplomacy with Israel.

Preface

In order to promote academic exchanges and cooperation in aerospace and mechanics and share the latest research results and cutting-edge technologies, we gathered in Shenyang, China during 12th to 14th July 2024, to usher in the 2024 International Conference on Aerospace and Mechanics (ICAM 2024). This Proceedings of ICAM 2024 gathers the wisdom of top scholars, experts and business elites from all over the world, aiming to provide a high-level and internationalized communication platform for the participants. The conference aimed to stimulate innovative thinking and promote the development of the discipline through an in-depth discussion of the latest advances and challenges in the field of aerospace and mechanics, and to contribute to the prosperity of the global aerospace industry. It was organized with keynote speeches, oral presentations, poster presentations, and academic investigation, attracting more than 150 delegates around the world. The technical program hosted by Hui Li (Chairman of this year’s conference, Professor of Northeastern University) actually started on the morning of July 13th with an opening speech by Aiping Zhang (Dean of the School of Mechanical Engineering, Northeast Electric Power University). And then, 16 experts and scholars from home and abroad, including Bangchun Wen (Academician of Chinese Academy of Sciences, Professor of Northeastern University), Ramesh K. Agarwal (IEEE Fellow, Professor of Washington University in St. Louis, USA), Hui Ma (Professor of Northeastern University), Jin Zhou (Professor of Xi’an Jiaotong University), Zhongwei Guan (Professor from Advanced Materials Research Center, Technology Innovation Institute, UAE), among others, gave presentations to share the achievements of scientific research and innovation in different fields. They provided in-depth analysis and sharing on cutting-edge hotspots such as aerospace technology, aerospace mechanics, new materials and structures, aerodynamics, fluid mechanics, vibration and noise control. In addition, the conference also set up special seminars to discuss the current hot issues in the field, providing participants with opportunities for in-depth exchanges and collision of ideas. ICAM 2024 came to an end on the afternoon of July 14th and was indeed very successful! National and international leading scientists and researchers have gathered at the conference and created a stimulating scientific atmosphere for themselves and for the young scholars. And the conference has promoted the development and application in the fields of and related to aerospace and mechanics, as well as fostered the industrial cooperation of academic achievements. List of Committee Member is available in this Pdf.

Integrating Artificial Intelligence into Service Innovation, Business Development, and Legal Compliance: Insights from the Hainan Free Trade Port Era

This research aims to inspect the application of Artificial Intelligence (AI) in product and service innovation from the perspective of the Hainan Free Trade Port (HFTP) and its relationship with corporate transformation, legal compliance, and regulatory oversight. Being critical to the fourth industrial revolution, digital business and international cooperation, technology propels enterprises across various industries to transition from traditional models to intelligent and service-oriented ones. It also elucidates the theoretical foundations of AI products, the digital economy, and service innovation. It can be used to analyzes the challenges enterprises face in the HFTP while implementing AI technology, including funding, technology, management, operations, corporate culture, and innovative concepts. Based on the proposed research methodology, three hypotheses can be formulated. Hypothesis 1 states that the HFTP could facilitate enterprise transformation by applying supportive policies. Hypothesis 2 state that domestic laws and international agreements are urgently needed due to the legal risks arising from artificial intelligence. Hypothesis 3 state that HFTP enterprises comply with these laws while systemically assuring, in theory, and practice, the legal risks of artificial intelligence and its implications for legal regulation, which is a significant aspect of research, addressing legal risks related to data privacy, security, and algorithmic bias with many strategies being proposed. This shows how AI technology can change businesses in the HFTP, demonstrating the application of AI technology in the transformation of enterprises in the HFTP and the various risks they may encounter, providing valuable references for other enterprises regarding the practical significance of AI product and service innovation in the HFTP, and emphasizing the importance of international cooperation and legal instruction.

Financial Strategies of State Universities in Transition to Public Service Agencies: A Case Study of Universitas Bangka Belitung

In response to the challenges of globalization and the need to increase financial flexibility, many state universities (PTN) in Indonesia have chosen to transition to becoming public service agencies (BLU). This step is expected to provide greater autonomy in financial and resource management while increasing the competitiveness of institutions. This study aims to analyze PTN’s financial management strategy for transitioning to BLU status using a case study at Universitas Bangka Belitung (UBB). The research approach used is qualitative descriptive with the SWOT analysis method to evaluate internal and external factors influencing the transition process. Data were collected through in-depth interviews, documentation studies, and observations of financial policies and practices at UBB. The research results revealed that the transition to BLU offers significant flexibility in financial management, allowing UBB to be more independent in using non-tax state revenue (PNBP). This directly contributes to improving operational efficiency and institutional competitiveness. However, several major challenges must be addressed, such as limited infrastructure, lack of highly qualified teaching staff, and competition with other state universities with BLU or PTN-BH status. This study also found that the greatest opportunities for Universitas Bangka Belitung (UBB) lie in optimizing assets and expanding industrial cooperation, primarily through the Kampus Merdeka program. In conclusion, UBB can leverage its BLU status to enhance the institution’s competitiveness by implementing more flexible financial management, but it requires a clear strategy to tackle internal challenges. Recommendations include increasing the teaching staff’s capacity, optimizing assets, and developing strategic partnerships with industry.

RUSSIAN-MONGOLIAN COOPERATION IN THE ELECTRIC POWER INDUSTRY: PROBLEMS AND PROSPECTS

This article is devoted to the study of existing problems and prospects for the development of cooperation between the Russian Federation and Mongolia in the field of electric power. The author briefly describes the history of the development of Russian-Mongolian relations in this area and current legal framework, another point of interest is the study of existing energy problems in Mongolia. Particular attention is paid to the advantages that the Russian side has in its energy cooperation with Mongolia. The author then analyzes the areas of cooperation between Russia and Mongolia in the field of electric power, specifically: thermal energy (the most important traditional area), development of electrical grid infrastructure, hydropower, nuclear energy and, finally, alternative energy. For each area, the author provides information about the degree of its development in Mongolia and the opportunities available to the Russian side while interacting with Mongolian partners. The article provides a list of the most significant, including those already implemented, those under development, or those with a promising future. In addition, the author studies the existing problems that hinder the deepening of Russian-Mongolian cooperation in the electric power industry, such as opposition from other states (primarily the so-called «third neighbor» countries) and unresolved contradictions regarding Mongolian hydroelectric power station projects in the Selenga River basin. The author concludes that if the Russian side properly realizes the available advantages, there are good chances to resolve the controversial issues and achieve success in the development of Russian-Mongolian cooperation in the electric power industry, thereby contributing to economic growth and strengthening energy security of both countries.

Defending and expanding industrial democracy and worker cooperatives in an age of neoliberal globalisation

ABSTRACT Neoliberalism has reinforced inequality, environmental collapse, famine, refugee crises, supply chain vulnerabilities and more. We agree with Gibson-Graham (2006) that the core of the issue for a post-capitalist politics is to overcome the sense of the inevitability of the dominant system of political economy. With this argument in mind, we analyse the diversity, innovativeness, and resilience of two specific manufacturing alternatives to neoliberal capitalism: the Norwegian industrial democracy and the Mondragon Cooperative Experience. The cases show that each example arises from a unique history, environment, and has unique structures. This diversity shows that there are many paths to workplace democracy, such systems are capable of innovation, and they are internationally competitive. Our comparison also reveals that no successful equilibrium is ever static. Scaling (up or out) to secure market share presents a challenge potentially existential for both models. Reviewing their efforts for meeting these challenges conclude our analysis.

Directions and mechanisms of development of the common agrarian market of the Union State of Belarus and Russia

The article reveals trends in the development of food markets in Belarus and Russia, and features of the agricultural strategy. Proposals are presented for the development of mechanisms for the formation of a common agricul tural market of the Union State of Belarus and Russia, including measures of state regulation in the field of forecasting supply and demand (strategic indicative planning, infrastructure development), pricing (maintaining price parity and competitiveness), subsidies (application of uniform principles and criteria for increasing efficiency and competitiveness), investment policy (stimulating scientific and industrial cooperation, technology transfer), forming the basis for the functioning of market participants on the principles of voluntariness, economic feasibility and balance of interests.

WORK-INTEGRATED LEARNING: ANALYZING PARTICIPANT INTERACTION AND DEVELOPING PROFESSIONAL SKILLS OF STUDENTS

Work-integrated learning is considered to be an effective tool to help student develop the necessary skills to function in a work environment. Work-integrated learning combines university training and on-the-job training in industry organizations. Work-integrated learningallows students to have real working methods and professional qualities in the context of the work environment even before completing academic studies. This enables students to build confidence in their abilities, improve understanding of the work process, the nature of the skills required in the profession being mastered, as well as the development of employability skills. This is recognized as an important factor in the effective professional activity of university graduates in the workplace. The growinginterest in work-integrated learning requires research and clarification of the processes of joint interaction of participants. The article examines the process of joint interaction of the participants of work-integrated learning. For this purpose, a survey was carried out of direct participants in the process of work-integrated learning at the university -stakeholders (students, academic and industry representatives). The survey allowed to collect primary data on the experience of work-integrated learning and improved the understanding of the process of integration of academic and industry cooperation. The survey of students was aimed at revealing their experience of on-the-job training. They were also presented with a list of skills that they were ableto learn or improve as part of on-the-job training.Questions for academic and industry representatives covered the following topics: the role of the preparatory phase in the transition from academic learning to on-the-job learning; teaching methods and ways to get feedback; integration of on-the-job learning experience into further university education; Improvement of the work-integrated learning system.

두뇌 유입(Brain Gain) 관점에서 외국인 유학생의 국내 고용 활성화를 위한 IPA 분석 : 정부출연연구기관 이공계 석·박사과정을 중심으로

With Korea's total fertility rate recorded at 0.72 in 2023, there is even a pessimistic prospect that it will become the 'first country to extinguish the population'. In the face of serious demographic challenges such as a population decline, regions disappear, and a lack of high-quality human resources in the industry due to a rapid decline in the fertility rate, the Korean government and each local government are pouring out various policies to alleviate these problems by utilizing the capabilities of international students. This study analyzed the importance of domestic employment promotion activities and differences in the degree of implementation of the employment support system for international students studying as master's and doctoral students at government-funded research institutes using the importance-performance analysis(IPA) methodology. As a result of the analysis, 'recommendation of supervisors' and 'industrial cooperation projects' were evaluated as the most important employment promotion activities, and in the employment support system, 'flexible visa system' and 'simplification of immigration procedures' for researchers were recognized as important. In addition, it was found that there is a difference in perception between the importance and performance of international students depending on the region of residence and country of origin, so a strategy for promoting employment tailored to the region of residence and country of origin is necessary. This study is limited to international students in science and engineering who are enrolled in U graduate university, so there is a limit to the generalization of research results. In future research, extended research is needed including international students from science and technology specialized universities and base national universities. In addition, it is proposed to expand the study on how the expectations and demands of the employment support system of international students differ according to the cultural context by comprehensively considering the country and cultural background and economic conditions that affect the employment activation of international students.

Study on the mechanism and countermeasures of Ningbo-Bengbu cooperation to promote rural revitalization in Bengbu

Against the backdrop of the integration of the Yangtze River Delta region, in 2021, the Implementation Plan for the Paired Cooperation between Shanghai, Jiangsu and Zhejiang Cities to Assist Northern Anhui Cities clearly states that Ningbo will cooperate one-on-one to assist Bengbu City, and Bengbu City's rural revitalization has ushered in new development opportunities. The research content of this project includes three aspects: First, systematically describe the typical facts of Ningbo-Bengbu cooperation in promoting rural revitalization in Bengbu under the background of economic integration in the Yangtze River Delta, and on this basis analyze and summarize the existing experience of Ningbo-Bengbu cooperation in promoting rural revitalization in Bengbu; second, conduct an in-depth investigation of Ningbo's effective practices of focusing on the "double strengths" of agriculture, rural construction, and the "three major tracks" of farmers' prosperity, and strive to create a higher-quality "pastoral city, urban village", and summarize and analyze the conditions and factors that constrain the development of Bengbu's agricultural and rural economy; third, under the background of the integration of the Yangtze River Delta, how Ningbo-Bengbu cooperation can utilize the agricultural and rural resource endowments and comparative advantages of the two cities, and propose countermeasures and suggestions for deepening Ningbo-Bengbu cooperation to promote rural revitalization in Bengbu is an important content and ultimate goal of this project. This project provides theoretical evidence for industrial cooperation and communication between Bengbu and Ningbo and the promotion of rural ecological civilization construction, which is of great significance to the development of rural revitalization in Bengbu.

Bridging the gap between academic translation programs and industry demands: Stakeholders’ perspectives on future directions

Recent trends in the translation industry have paved way for the academic translation programs to embrace more sophisticated approaches to train translators. This shift in pedagogical approach is to prepare and equip translation students to develop and enhance their translation competencies to suit the current market demands in the industry. However, this research aims to explore the perspectives of relevant stakeholders in the translation industry on the potential areas for enhancement and future directions that can improve the consistency between academic translation training and industry demands. Regarding the objectives of this research, the total number of ninety-seven (97) individuals who participated in this research were administered a survey form, wherein they shared their opinions. Through the use of quantitative method, the research highlighted relevant insights from the participants’ responses including, academic curriculum relevance, industry cooperation, soft skill development, and continuous professional development (CPD). The results stress the need to expose translation trainees to current translation technologies during training, encouraging collaboration with translation companies, and putting an emphasis on the development of crucial soft skills. Above all, the research emphasized the adoption of a more learner-centered pedagogical approach in academic translation programs. With this approach, translation students are better equipped with the necessary competence to meet the needs of the dynamic translation market.

Strategic cooperation of high tech companies of China and Russia

The sanctions imposed on the Russian economics in 2022 by a number of countries created an external shock for many industries in Russia with the strongest impact on the enterprises of high tech industries. At the same time, there is an emerging potential for cooperation between Russian and Chinese manufacturers which is forming new strategies of development of Russian high tech enterprises. In order to evaluate the prospects and trends of development of Chinese high tech industry in this context, the authors applied methods of economic analysis including the correlation analysis. Factors, determining potential of cooperation between Russia and China in this sphere, were systematized on the basis of the methodology of strategizing by Professor Vladimir L. Kvint.It has been stated that Chinese manufacturers are able to replace either partially or completely European and American suppliers in a number of high tech industries: innovative components and equipment for engineering, semiconductors and chips, telecommunications equipment and components. It has been discovered that the number of registered patents and the number of researchers involved in RD in China have a significant correlation with the growth of export of high tech products of China. Further growth will be able to ensure the expansion of technology and knowledge exports from China to Russia.Thus, it can be stated for sure that there are perspective industries and fields of Russia-China cooperation in high tech industry. The sphere of cooperation which can become the basis for the strategy of development of Russian high tech manufacturers is scientific and patent cooperation with Chinese organizations. The authors have also discovered limitations in this cooperation: there is a threat of imposing international sanctions on Chinese manufacturers; Chinese enterprises are working at a high level of workload in the context of the global economic recovery after the coronavirus pandemic; decrease of competitiveness of Russian high tech industry has a negative impact on the expected benefits from the cooperation between the countries. These strategic threats can be overcome with the help of a well-grounded foreign economic strategy developed by Russian and Chinese authorities.