RUSSIA-CHINA COOPERATION IS REINFORCED AT THE REGIONAL LEVEL
On 5 April 2018, Moscow hosted a Conference “On the modern Russia-Hebei cooperation projects”, focused on establishing business contacts in order to attract investments
Deputy Head of FAS Department for Control over Foreign Investments, Grigory Karakov, was invited to take part in the Conference by the “East” Chinese Business Club.
The event was attended by a representative delegation of businessmen from Hebei - one of the largest Chinese provinces, that was led by the leaderships of the region and the China Council for Promotion of International Trade, as well as businessmen from Moscow the Moscow region, Tver, Rostov and Stavropol regions.
As a result of the venue, multi-million investment contracts were signed and Hebei authorities invited top FAS officers to visit the region.
In the welcoming address Grigory Karakovsaid: “Analyzing the flow of foreign investments, year-on-year FAS is observing activity of Chinese players in the Russian Federation.Only in 2017 the Government Commission approved projects of Chinese investors for billions of dollars. These deals, undoubtedly, are of federal scale, concluded with support of our national leaderships. We are especially pleased to see the meetings when direct links between regional entrepreneurs from Russia and China are built up. Such events demonstrate the true scale of friendship between our nations and the concluded contracts strengthen economic relations between our countries”.