财经观察：免签红利释放，中俄旅游贸易双向升温

Group 1: Visa Policy Impact - China will implement a unilateral 30-day visa-free policy for Russian citizens from September 15, 2025, to September 14, 2026, covering business, tourism, family visits, and exchanges [1] - The visa-free policy is expected to significantly boost tourism and trade exchanges between China and Russia, with Russian tourists to China projected to increase by 20%-30% [2][3] Group 2: Tourism Growth - The visa-free policy will enhance the variety of tourism services available to Russian visitors, expanding their travel destinations in China, including medical, educational, and health tourism [3] - Major cities like Beijing, Shanghai, and Xi'an are popular among Russian tourists, with a notable interest in coastal vacation spots [2] Group 3: Economic Cooperation - The visa-free policy is anticipated to accelerate on-the-ground business inspections and cooperation, allowing Russian buyers to visit China for market assessments and exhibitions [5] - The policy is expected to inject strong momentum into bilateral trade, particularly in energy, agricultural products, light manufacturing, and cross-border e-commerce, with small and medium-sized enterprises being the primary beneficiaries [7] Group 4: E-commerce and Logistics - The e-commerce trade between China and Russia is projected to grow significantly, with Russian e-commerce market size expected to increase from approximately 2 trillion rubles in 2019 to nearly 10 trillion rubles by 2024, largely driven by Chinese imports [6] - The logistics sector is experiencing a surge in demand, with many Chinese businesses entering Russian e-commerce platforms, enhancing trade efficiency and reducing delivery times [6] Group 5: Border Economy - Border cities like Heihe and Hunchun are witnessing a "cross-border boom," with increased trade activities and a growing number of companies engaged in Sino-Russian transport and trade [8][9] - The visa-free policy is enhancing the operational capacity of border areas, facilitating cross-border logistics, tourism, and e-commerce, and fostering deeper cultural and commercial integration [9][10]