Sino - Russian Cross Border Economic Cooperation in 2012 - 2015

Due to the "Turn to the East" the problem of cross-border cooperation is very significant one on the agenda. The author analyzes its results and perspectives. The whole issue of Sino-Russian economic cooperation in bordering regions could be divided into few sub-issues and each of them has its own specificity. The author of the research considers it reasonable to divide it on such chapters as: official cooperation, non-official cooperation, investment cooperation and challenges for further development. In the framework of this research, one of hypotheses was proved completely, even showing a trend of decline in bilateral volume trade. Despite the "Turn to the East", some other reasons, as sanctions of the EU, Russian currency devaluation and other came into play which didn’t allow the volume of bilateral trade achieve US $100 billion. Nevertheless, one more reason for that is a structural ceiling, which would not let to overcome the level of $100 billion. It is possible only in case of significant changes and renovation of productive facilities of Russian Far East, along with investment into infrastructure and big infrastructural projects, such as International Transport Corridors. This fact at least partly proves our second hypotheses that current attempts to bring the process of cross-border cooperation in a better shape will be effective. In case all infrastructural projects would be successfully implemented, Sino-Russian cross-border cooperation would be more effective and beneficial for both sides. Main words: China, Russia, Territory of advanced development, investments, free economic zones