This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.
A representative office of the Far Eastern Agency will open in China
A representative office of the Far East Investment Promotion and Export Support Agency will open in China. The corresponding memorandum was signed by the Ministry of Eastern Development and the Ministry of Commerce of China in St. Petersburg, during the annual meeting of the heads of government of both countries.
According to Alexander Kozlov, Minister for Development of the Far East and the Arctic, the PRC representative office for attracting and promoting investments will be opened in Russia. Possible options for its location - Moscow or the capital of the Far Eastern Federal District.
Now in the territories of advanced development and in the free port areas of the region with the participation of Chinese capital, 49 projects are being implemented. The total investment in them is 2,8 billion US dollars. This is more than half of all foreign investments attracted to the Far East.
The opening of representative offices of economic development institutions in both countries will expand regional cooperation between the Russian Far East and the northeastern provinces of China.