At the 5th conference, "Eurasian Studies in Modern China and Eurasia," in Yerevan on December 8, Chinese Ambassador to Armenia Fan Yong announced that the trade turnover between China and Armenia exceeded $1.5 billion for nine months of 2023. 

"China is Armenia's second-largest trade partner, with a large market for Armenian goods," the diplomat noted. "In the first nine months of this year, the trade volume exceeded $1.5 billion, exceeding last year's result by 30%," Yun said. "More than 20 Armenian companies had earlier participated in the international export forum in Beijing," he reminded.

The Chinese diplomat further pointed to the ever-expanding cooperation between the two countries in various projects. "For example, Chinese companies are involved in the construction of the North-South highway, solar energy projects, and re-equipment of the Armenian Public Television," he added.

Notably, the volume of mutual trade between Armenia and China in 2022 amounted to $1.43 billion.