Abstract: Taking the opportunity of jointly building the silk road economic belt, the economic and trade cooperation between China and Belarus has been deepening, gradually shifting from simple commodity trade to economic and technological cooperation and production capacity cooperation. The development of economic and trade cooperation is of great practical significance to the economic restructuring, industrial up grading and the up grading of the global value chain of the two countries. The economic and trade cooperation between two countries has been steadily improving. Sino-Belarus industrial park is playing an exemplary role in the construction of the Belt and Road industrial park. The economic and trade cooperation between China and Belarus has great potential and the industries are highly complementary to each other. However, at the same time, there are also problems such as economic system differences between the two countries, inflation risks and unstable economic development, institutional environment to be improved and low degree of trade facilitation in Belarus. This paper proposes to promote the deepening development of bilateral trade, investment and production capacity cooperation by building a mutually beneficial community of common destiny, building a long-term cooperation mechanism between China and Belarus, and upgrading the level of investment facilitation.

Key words: Economic and Trade Relationship, Sino-Belarus Industrial Park, Production Capacity Cooperation