russia needs chinese experience in economic development
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Russia needs Chinese experience in economic development

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Russia needs Chinese experience in economic development

Russia's President Vladimir Putin
Moscow -XINHUA

 Russia needs China's unique expertise, experience and investment in developing its economy, CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said on Saturday.
China's advantage in such areas as manufacture, technology and infrastructure "can be used by Russia under the framework of mutual-beneficial partnership," Dmitriev said in an exclusive interview with Xinhua.
He added that many of Russian industries can turn to explore China's specific market, such as the processing industry of high value-added material and agricultural industry.
As more and more Russian industries are opening up to Chinese investment, the RDIF is expecting more cooperation in areas like transportation, logistics and energy, Dmitriev said.
He added the RDIF has signed a memorandum with Russia-China Investment Fund (RCIF) to jointly build high-tech parks in both countries, saying innovation is key to the competitiveness and success of all companies in Russia and China.
"Russia is introducing matured innovative ideas and technologies of foreign countries to help develop domestic technologies that have already emerged," said Dmitriev, also the co-CEO of the RCIF.
The RCIF, a 2-billion-U.S.-dollar private equity fund created in 2012 by two sovereign wealth funds of the RDIF and China Investment Corporation, finances economic projects in Russia, Commonwealth of the Independent States, as well as Chinese projects with Russia's involvement.
According to Dmitriev, the RCIF, with its investment focus on agriculture, food production, mineral mining and processing, logistics, petrochemistry, IT and retail, aims to find cooperative opportunities in borders of the two countries to create mutual benefits.
"Both Russian and Chinese companies are interested in projects that have a bright future," Dmitriev said, adding that the bank has now projects worthy 1 billion U.S. dollars that have received permission from the RCIF and are being carried out.
New projects worth of more than 3 billion U.S. dollars are currently under feasibility study.
The Russia-China relationship is robust, Dmitriev noted. Chinese Premier Li Keqiang has just concluded his first visit to Russia since taking office in March 2013.
The CEO added that regular high-level meetings between the two countries' leaders have spurred all-around economic cooperation, especially in investment.
In recent years, China has become Russia's fourth-largest source of investment, pumping in more than 32 billion U.S. dollars by the end of 2013.

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

russia needs chinese experience in economic development russia needs chinese experience in economic development

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

russia needs chinese experience in economic development russia needs chinese experience in economic development

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 04:12 2016 Friday ,09 September

Heavy rain hits Quezon City, the Philippines

GMT 11:17 2016 Saturday ,27 August

Indonesia seizes hundreds of frozen pangolins

GMT 13:22 2015 Sunday ,11 January

El Arish port opened after weather improvement

GMT 10:18 2012 Wednesday ,25 April

Revelations on Khairat al-Shater

GMT 14:35 2011 Thursday ,03 November

Iran unveils book on cinematic history

GMT 22:56 2016 Friday ,29 July

Car bomb kills Libyan soldier in Benghazi

GMT 14:47 2016 Wednesday ,07 September

Farah: Bollywood is going through a tough time

GMT 12:26 2017 Tuesday ,11 April

Minister directs addressing of illegal fees

GMT 13:19 2015 Wednesday ,30 September

Signs of increasing suicides in devastated Gaza

GMT 19:42 2016 Friday ,03 June

2 policemen killed in eastern Afghanistan

GMT 11:59 2012 Wednesday ,01 February

Khalifa announced holiday on birthday of Prophet

GMT 07:55 2012 Saturday ,28 July

Bahrain: hot and humid weather expected
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday