-Research on Russian Economic Development (2022-2023)- released

On October 15, a press conference for the release of the “Research on Economic Development in Russia (2022-2023)” took place at Renmin University in Beijing, accompanied by a seminar on the economic situation in Russia.

This annual report, collaboratively written by economists from Renmin University and St. Petersburg State University, includes 11 papers from renowned scholars from both China and Russia. The report focuses on key issues related to fiscal and financial matters, as well as regional development within the context of Russia’s economic growth, offering an objective and comprehensive analysis of the current economic and fiscal realities in the country.

Lin Shangli, the president of Renmin University, emphasized that the report examines significant turning points in world development and human progress, deeply exploring the trajectory of Russia’s economic development and future cooperation between China and Russia. He noted that these discussions reflect the profound changes occurring in today’s world and underscore a range of cyclical, systematic, and global economic issues that arise from these transformations. “To grasp the current changes and potential future developments, we must adopt a refreshed perspective, deeper thinking, and sharper observation,” he stated.

Zhou Li, former deputy minister of the International Department of the Central Committee of the Communist Party of China, remarked on the report’s rich content, which combines academic rigor with practical insights. He highlighted its significance in understanding the real situation of Russia and in researching and predicting changes in the Russian economy. From a Marxist viewpoint, he critiqued Western geopolitical theories, labeling them as reflections of imperialistic and hegemonic worldviews. He underscored the necessity of adhering to Marxist principles while analyzing international issues in today’s rapidly changing global landscape, cautioning against uncritically applying imperialistic theories that could lead to misjudgments about international developments.

Li Shuangwu, president of Contemporary World Press, underscored that the publication of this book owes much to the strong support of Renmin University, as well as the dedication and effort of all authors and the editorial team. He emphasized the book’s commitment to theoretical innovation, its role as a think tank providing policy insights, and its practical problem-oriented focus, which contribute significantly to both academic and real-world relevance.

Experts and scholars from universities and research institutions across the country participated in the forum, including keynote speeches from Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences; Sun Zhuangzhi, director of the Institute of Russian, East European & Central Asian Studies at the same institution; Li Jianmin, a researcher also at the Institute of Russian, East European & Central Asian Studies; and Ding Xiaoxing, director of the Eurasian Research Institute at the China Modern International Relations Institute.

The forum was moderated by Wang Yi, vice president of Renmin University, and co-hosted by the university’s National Development and Strategic Research Institute and the Russian Studies Center at Renmin University and St. Petersburg State University.