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Trade, economic, tourism and cultural potential of the Vologda Region was presented in the People's Republic of China for the first time ever. The event was held with the support of the Ministry of Foreign Affairs of the Russian Federation and the Embassy of the Russian Federation in China.

In April 2024, a Memorandum on friendly relations and cooperation was signed between the Government of the Vologda Region and the People's Government of Shaanxi Province. On a return visit, a delegation from the region, consisting of members of the Vologda Region Government and representatives of 18 leading companies, arrived in Xi'an.

"The Vologda Oblast is a region of opportunities for business, tourism and industrial growth. The region is the first in Europe in the production of phosphorus fertilizers, and every fourth wooden house in the country comes from Vologda’s factories," said Georgy Filimonov, Governor of the Vologda Region. The annual volume of industrial production is more than $15 billion.