Russia and China plan to double by 2024 the bilateral trade turnover from current $108 billion to $200 billion through projects in energy, industry, high technology and agriculture.

The $108 billion trade turnover was reached by the two countries in 2018 thanks to implementation of a number of projects, primarily in energy domain that dominates Russian-Chinese economic relations, according to the Russian Federal Customs Service.

Around 74% of Russian export to China is related to mineral fuels — oil, gas, coal and petroleum products. Besides, Russia is China’s biggest supplier of the crude oil.

Read more: Russia, China aim for $200B bilateral trade turnover