Rus News Journal

China supports increase in goods turnover W Russia

China supports increase in goods turnover W Russia B4$100 mlrd in a year, has declared on a press - on Tuesday the ambassador of China in Moscow has declared to conference Lju Guchan.

" At that huge economic potential which our countries possess, goods turnover in $15,7 mlrd, reached last year, it is not enough " - the ambassador has told.

" we should define the purpose, deduce goods turnover on level in $100 mlrd " - he has added.

Lju Guchan 2 recognised that the structure of mutual trade is too monotonous and has noted necessity to increase a share of hi-tech production.

" Besides, we do not have not enough solid investment projects. More active contacts are necessary for their development between business circles of two countries " - the ambassador has noted.

as he said, 4 cooperation development in investment sphere a number of steps will be undertaken.

" In second half of this year on the threshold of the ninth MTG of heads of our countries we intend to hold in Moscow an exhibition of the Chinese mechanical engineering and electronic industry " - the ambassador has told.

Besides, in April of this year it is planned to spend in the Far East Russia fair on assistance of investment activity in this region.

at this exhibition large investment projects in wood, mining, power, agricultural, machine-building areas will be presented, to light industry and electronics.

the ambassador has noticed that last year the general preliminary cost of these projects has made about $5 billion. Lju Guchan 2 has informed that in the beginning of September in China there will pass traditional investment fair and participation in it was already declared by the Russian delegation.