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Far Eastern Center supporting Chinese investors to be established in Russia

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Far Eastern Center supporting Chinese investors to be established in Russia

The Russian Government offered China to set up the Far Eastern Center intended to support investors from this Asian country, TASS news agency reports with the reference to the Head of the Ministry for Development of Russia’s Far East, Alexander Galushka.

According to the Russian Minister, the Chinese party has already received an offer made by Moscow to establish the Far Eastern Center, which would engage in activities supporting investors and entrepreneurs from China.

Alexander Galushka expressed hope that the new undertaking will “give an additional necessary impetus to the Russian-Chinese cooperation in the macro-region.” He also added that that mechanism would encourage a notable rise the number and quality of incoming investment.

As a reference, at present over twenty projects sponsored by Chinese business are being realized in the Russian Far Eastern region.

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