FIA Formula One 2017 Russian Grand Prix boosts off in SochiSport April 30, 15:23
Merkel to pay first visit to Russia in two years for talks with PutinWorld April 30, 14:40
Passenger plane crashes in CubaWorld April 29, 22:49
US anti-missile systems in Eastern Europe violate INF Treaty - Russian foreign ministryRussian Politics & Diplomacy April 29, 20:35
Moscow police say 250 people take part in protest rallyWorld April 29, 16:29
Abe plans to continue dialogue with Putin to solve global issuesWorld April 29, 14:50
Moscow is ready to cooperate with Washington on Syria — LavrovRussian Politics & Diplomacy April 29, 12:24
Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts slam 'Russian hacking' hype as 'fake news' to feed US media's ratingsRussian Politics & Diplomacy April 28, 20:35
"The parties called for supporting the measures towards perfecting the mechanism of regular meetings between the Russian and Chinese premiers, including the establishment, at the level of their deputies, a Russian-Chinese commission for investment cooperation and a Russian-Chinese high-level group for control over the implementation of strategic economic cooperation projects, as well as dedicated working groups in the energy sphere," the document noted.
The Russian-Chinese commission for investment cooperation at the level of first vice premiers will bring together representatives of the state and state-owned and private companies, head of the Russian Direct Investment Fund /RFPI/ Kirill Dmitriyev told reporters."A joint review of investments in various projects can make the discussion more effective and clear," Dmitriyev said, noting that "the Russian-Chinese fund created by the RFPI and China's Sovereign Wealth Fund, will play an important role in funding these projects."
Russia and China plan to increase the volume of direct settlements in national currencies in mutual trade, according to the joint statement on a new stage of relations of comprehensive partnership and strategic interaction, signed after Russian-Chinese top-level talks.
"The parties intend to make new steps towards increasing the level and expanding the spheres of Russian-Chinese practical cooperation by launching close interaction in finance, such as increasing the volume of direct settlements in the national currencies of Russia and China in trade, investment and credit provision," the document said.
It also noted that the two countries also planned to intensify the dialogue over macro-economic policy issues.
Russia and Chain will stimulate the growth of mutual capital investment, including in transport infrastructure facilities, comprehensive development of mineral deposits and construction of low-income housing in Russia.