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Russian-Chinese center for advanced technologies to be set up in Skolkovo

Russia will provide Chinese high-tech enterprises with infrastructure, ensuring their cooperation with Russian scientific and research institutions

© Vladimir Smirnov/TASS

BEIJING, December 8. /TASS/. The Russian-Chinese center for advanced technologies meant to implement a series of promising innovative projects will be created on the territory of the Skolkovo Technopark near Moscow.

The ceremony of signing a bilateral memorandum on cooperation was held on Friday in the Russian Embassy in China. The document was inked by the representatives of the Skolkovo Foundation and China’s Tus-Holdings, which is supported by the Zhongguancun technology hub.

Under the agreement, Russia will provide Chinese high-tech enterprises with infrastructure, ensuring their cooperation with Russian scientific and research institutions.

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"This project will allow creating a multi-specialized channel for the development by numerous new high-tech Russian companies of the Chinese market together with Chinese partners," the Skolkovo Foundation said in a statement.

"This is an efficient tool of encouraging scientific and technical cooperation tested in China," Charge d’affaires of the Russian Embassy in China Georgy Zinovyev told the ceremony. "There will be a chance to cultivate new projects based on the ideas of Russian developers."

"We are interested in constantly increasing the share of Russian companies on the Chinese market…We expect to make our cooperation with Chinese partners even more effective," Chairman of the Board of Skolkovo Foundation Igor Drozdov said.

A spokesman for Zhongguancun said: "I’m sure at the current stage of cooperation between the two countries we need a new breakthrough, which the innovative companies may help to achieve. A good start is half way to success."

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