Russian and Chinese companies will increase mutual investments

© RIA Novosti / Alexander Wolfparade in fotomontaggi WEF on platform IV of the Eastern economic forum in VladivostokRussian and Chinese companies will increase mutual investments© RIA Novosti / Alexander Wolfparade the image Bank

Russian and Chinese companies agreed to develop bilateral trade-economic and investment cooperation, the consideration of the joint Committee are 73 projects totaling over $ 100 billion, said the Russian direct investment Fund.

RDIF held on the sidelines of the Eastern economic forum annual meeting of the Russian-Chinese Advisory Committee of the entrepreneurs.

«Leading Russian and Chinese companies will increase mutual investments… today the Committee are 73 projects totaling over $ 100 billion in the spheres of industrial production, infrastructure construction, mining and mineral processing, agriculture and others. Thanks to the work of the Committee has already implemented seven projects worth $ 4.6 billion,» — said in the message.

The Committee is a mechanism of interaction between entrepreneurs of Russia and China intergovernmental Commission on investment cooperation and makes a significant contribution to the development of business relations between Russian and Chinese companies, acting as a tool to facilitate the implementation of investment projects in various fields.

The co-chairs of the Committee are the CEO of RDIF Kirill Dmitriev and the President, the Vice-Chairman of the China Investment Corporation (CIC), Guanchao. In October 2011, the RDIF and CIC has created a Russian-Chinese investment Fund (RCIF) to stimulate bilateral investment and ensure a stable return for investors with reasonable risk.

«Thanks to the stable economic growth in Russia, in China, there are many opportunities for profitable investment in domestic markets, but we believe that the highest potential trades based on bilateral relations between our countries,» — said Dmitriev.

Fourth Eastern economic forum will be held at the site of the campus of the far Eastern Federal University on island Russian in Vladivostok on September 11-13. MIA «Russia today» is the General information partner of international economic forum.

Russian and Chinese companies will increase mutual investmentsIV international economic forum

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