Analysis of the Heilongjiang Province and Russia Financial Cooperation under the Construction of China-Mongolia, Mongolia-Russia Economic Corridor

Abstract

Under the background of the China-Mongolia-Russia Economic Corridor, despite the degree of Heilongjiang Province and Russia regional financial cooperation has intensified, the scale and level of bilateral cooperation between the banks has significantly improved. But there still have some problems, such as the financial settlement tool is rare; the relatively small number of bilateral currency settlement and so on. This paper is in close connection with the actual economic development of Heilongjiang, put forward the countermeasures of Heilongjiang Province and Russia should make efforts to improve the financial environment; increase the types of financial settlement and to improve the proportion of the RMB and the ruble settlement.