News

A roundtable on Russian-Chinese Cooperation in Investments and Manufacturing was held on September 7 within the scope of the opening ceremony for the Fuyao Glass Rus plant in Kaluga Region. The event was attended by representatives of federal and regional authorities and managers of Chinese corporations.

Igor Koval, Director of the Department for Investment Policy and Development of Private/Public Partnership of the Russian Ministry of Economic Development: “The investment potential between Russia and China is underexploited. China’s investments in Russia make up 2% of its investments in other countries. The Russian government is facing an ambitious challenge – to become one of the world’s best 20 countries for doing business”.

Cao Dewang, Chairman and Executive Director of FuyaoGroup: “We need to reach an understanding on the ideological level. <…> Unfortunately, there are problems with customs procedures. Also, some formal aspects require optimization“.

Alexei Rakhmanov, Deputy Minister, Russian Ministry of Industry and Trade: “There are positive dynamics in collaboration with China. There are initiatives for development of airplanes and helicopters, projects in the pharmaceutical industry”.