Business
Regional Cooperation Important in Sino-Russian Ties: Russian Official
Governor of Russia's Tula Region invites Chinese to invest in Russia
By Ma Xiaowen  ·  2017-04-21  ·   Source: | Web Exclusive

 

Alexey Dymin, Governor of Tula Region, Russia, calls for more Chinese investment on April 20 (MA XIAOWEN)

Alexey Dymin, Governor of Russia's Tula Region, promoted Tula, a region located 180 km south of Moscow, as an attractive destination for Chinese investors in Beijing on April 20. 

"Regional cooperation is important in China-Russia relations," said Dymin, adding that Tula's vicinity to Moscow, developed infrastructure, qualified personnel and favorable investment climate are its main advantages. 

Tula was home to the famous writer, Leo Tolstoy, and is known for its honey cookies, tea, weapon factories and abundant historical features.  

And the city is also one of Russia's largest end markets. In 2016, the region's investment volume in fixed capital amounted to 112.6 billion roubles ($2 billion), compared with 2015's 105 billion roubles ($1.87 billion). 

Li Huilai, Assistant Minister of Foreign Affairs, echoed Dymin on the role of regional cooperation. Li called on more Chinese enterprises to invest in Tula or start businesses there. Also, he said China welcomes quality goods from Tula. 

The two countries have maintained constant high-level exchanges. Dymin reconfirmed that President Vladimir Putin will attend the pending Belt and Road Forum for International Cooperation, which is expected to open in Beijing in May, and the BRICS Xiamen Summit in September. 

Li said China-Russia ties are at the best period of development in history and President Putin's visits are expected to scale up all-round exchanges and cooperation.  

Copyedited by Bryan Michael Galvan 

Comments to maxiaowen@bjreview.com

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