Bulletin of
Vitebsk State
Technological
University

Abstract

This scientific article assesses the key factors influencing the socio-economic development of the Amur Region. The relevance of the study is that economic ties between countries are undergoing a global transformation. Moreover, against the backdrop of increasing sanctions pressure, Russia is looking for new opportunities in the East. Border territories, including the Amur Region, play a key role in building long-term economic relations with Asian countries. The aim of the study is to analyze the importance of clusters in various industries and the creative industry, transport and logistics infrastructure and international cooperation with China for the region's economy. The objectives of the study are to assess government support for stimulating entrepreneurship and creating a favorable investment climate, review implemented cluster projects and those at the development stages, determine the importance of the Trans-Siberian and Baikal-Amur Mainlines for effective trade between Russian regions and Asian countries, and identify prospects for cooperation with China. In the course of the study, the authors used data from Rosstat, official sources of the Amur Region government, the Far East and Arctic Development Corporation, the mass media, and also studied various scientific publications. The results of the analysis showed that the Amur Region is undergoing significant changes in its specification, transforming from a large logistics center into a developed, multi-industry region. The creation of industrial clusters will not only provide domestic enterprises with raw materials, but will also increase Russia's export potential in the long term with the possibility of creating joint ventures with the People's Republic of China. It is concluded that the harmonious interaction of three main areas – cluster construction, modernization of railway lines, and international cooperation – are the main drivers of economic development in the Amur Region.

Economic and infrastructural transformation of the Amur region in the context of cross-border cooperation with China