Basic Concepts of Russia’s Fiscal Policy: Experience for China Part 2

Vladimir Putin, About Our Economic Goals. https://www.pravda.ru/politics/1371575-razvitie/.

O. A. Kholodova, “Modern features of the development of interbudgetary transfers in the Russian Federation,” Ross. Predprinimatel’stvo 18 (24) (2017).

Xu Wenhong, Russia and the Offshore Financial Center (Soc. Sci. Acad. Press, 2014).

On November 21, 2007, January 15, 2008, May 2011 and June 15, 2011, September 24, 2011, April 12, 2012, December 12, 2013, March 2018, and May 7, 2018, Putin mentioned on different occasions the idea of building Russia into the world’s fifth largest economy.

Decree of the President of the Russian Federation of May 7, 2018. No. 204 “On National Goals and Strategic Tasks of the Development of the Russian Federation for the Period up to 2024.” http://kremlin.ru/events/president/news/57425.

D. A. Medvedev, “Russia will be one of the top five leading economies in the world.” https://rg.ru/ 2018/09/27/medvedev-nazval-vypolnimoj-zadachu-vhozhdeniia-rf-v-top-5-ekonomik-mira.html.

Russia Increased Its Holding of US Treasury Bonds for the First Time since February 2019. http://ru.mofcom.gov.cn/jmxw/201910/20191002907816.shtml.

The Share of Russian Reserves Placed in CNY Increased from 5 to almost 15 Percent? https://sputniknews.com/analysis/201901171071543542-russia-economy-intl-trade-reserves-dollar/.

V. V. Putin, Russia at the turn of millennia. http://www.ng.ru/politics/1999-12-30/4_millenium.html.

M. Alekseev and A. Pachkalov, Finance Ministers: From the Russian Empire to the Present Day (Al’pina Pabl., Moscow, 2019) [in Russian].

V. V. Putin: Kudrin was against national projects. https://www.pravda.ru/news/districts/1476582-putin_ kudrin/.

V. V. Putin recalled that Kudrin opposed construction of bridges and roads. https://www.rbc.ru/politics/25/02/2020/5e54c7349a7947e765c74040.