Envoy says Donetsk Republic won’t agree to leave DebaltsevoWorld October 20, 21:42
IIHF chief Fasel: Appointing ex-Olympian as Russia’s sports minister an 'excellent choice'Sport October 20, 21:37
Militants in Aleppo are disrupting ceasefire and hindering evacuation, Lavrov tells KerryRussian Politics & Diplomacy October 20, 21:25
Three Russian officers injured in gunmen's precision fire in SyriaWorld October 20, 21:09
Hungary’s foreign minister: Agreement between US, Russia only way to solve Syrian crisisWorld October 20, 20:38
Federal Guard Service refuses to comment on GPS problems near KremlinSociety & Culture October 20, 20:22
Lavrov: West lets Islamic State 'genie' out of bottle in Middle EastRussian Politics & Diplomacy October 20, 19:45
Five years since Colonel Gaddafi’s death, Libya still floundering in turmoilWorld October 20, 19:03
Senior Russian MP outraged by Charlie Hebdo’s cartoon over Orthodox center in ParisRussian Politics & Diplomacy October 20, 18:59
MOSCOW, January 19. /TASS/. Russia’s nanotechnology corporation Rusnano and China’s Zhongrong signed an agreement on establishing a joint Russia-Chinese investment fund, Rusnano reported on Tuesday.
At the first stage, the Rusnano Zhongrong United Investment Fund will have $500 mln of capital under management, the report said, while its partners will provide their equity investments in equal portions and establish a joint management company.
According to the report, "the fund’s investment focus will be concentrated on projects in the growth stage aimed at application, development, and transfer of high technologies (related to electric power industry (including RES), oil and gas industry, as well as microelectronics and biotechnologies) to Russia."
It is implied that investments into the projects and project companies will be effected on the territory of Russia (not less than 70 %), China, and other countries.
The agreement was signed by Chairman of the Executive Board of Rusnano Anatoly Chubais and Chairman of Zhongrong International Trust Fang Tao.