Zhang Jingwei, Secretary of the Communist Party of China in Heilongjiang Province, visited Khabarovsk in September this year. During his visit, he had a meeting with Vyacheslav Ivanovich Shport, which was dedicated to economic cooperation, as well as to joint development of the Bolshoy Ussuriysky Island. Both parties expressed their interest in cooperation ramp-up and expansion of international relations.
China is justly one of the biggest foreign economic partners of Khabarovsk Krai. As of today, dozens of enterprises that attract Chinese investments operate in the territory of the region.
After the meeting, there was a ceremony of signing four agreements for implementation of investment projects between Russian and Chinese companies, including one between Asia Les LLC and Songlin Economic and Trade Co. Ltd. (Suifenhe). The subject matter of the agreement is softwood saw log and lumber with the volume of 200,000 cu. m.; the total cost of the agreement equaled to $US 26,000,000.
This agreement will apparently give an opportunity for closer relations between the Russian producer of high-quality forest products and Chinese demanding markets.
The article has been made with the use of www.khabkrai.ru