On June 8, 2018, The President of Russia Vladimir Putin arrived in the People’s Republic of China on a state visit at the invitation of President of China Xi Jinping. A number of bilateral documents were signed following the consultations, including a Joint Statement of the Russian Federation and the People’s Republic of China. The both presidents also made statements for the press.

On June 18, 2018, Russian Prime Minister Dmitry Medvedev held a meeting of the Presidium of the Presidential Council for Strategic Development and Priority Projects.

The Ministry of Agriculture of the Russian Federation approved "programs to promote and increase the volume of exports of certain types of agricultural products." These programs are included in the priority project "Export of Agricultural Products" approved by the protocol of the meeting of the Presidium of the Council under the President of the Russian Federation for Strategic Development and Priority Projects.

In continue of the framework documents signed in December 2017, on May 24, 2018, the main companies-operators of the "New Land Grain Corridor Russia-China" signed a second pre-contracting agreement for the creation of turn-key projects. The tripartite document is concluded with SINOHYDRO Corporation Limited, appointed by Powerchina Corporation as its responsible representative and executor of the contract in Russia.

On May 7, 2018, The President signed Executive Order on National Goals and Strategic Objectives of the Russian Federation through to 2024. One of the strategic goals is "supporting high-productivity export-oriented businesses in the basic sectors of the economy, primarily, in manufacturing and the agroindustrial complex, based on modern technology and staffed with highly qualified employees. ".