It was stated that Russia expects new agreements on investments with China and that work continues on projects worth over 160 billion dollars. DEA News Georgy Zinoviev, Director of the First Asian Department of the Russian Foreign Ministry.
As the diplomat noted, statistics on Russian-Chinese capital investments in the possession of the Ministry of Foreign Affairs show that bilateral investment cooperation continues to develop successfully.
He emphasized that the “portfolio” of the intergovernmental commission on investment cooperation between the two countries includes dozens of projects with a total planned investment volume of more than 160 billion dollars, all of them are under active development.
Previously reportedIt was observed that the trade turnover between Russia and China increased by 41% in the five months of 2023. According to some estimates, China accounts for 54% of Russian exports, and these are mostly energy resources.
Formerly Chinese Ministry of Foreign Affairs named BRICS mission.