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Maritime Territory hopes to attract more effective investments from China - governor

June 16, 2013, 11:18 UTC+3
The deputy governor participates in the XXIV Harbin International Economic and Trade Fair
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Photo ITAR-TASS

Photo ITAR-TASS

HARBIN, June 16 (Itar-Tass) - Russia’s Maritime Territory hopes to raise quality of investments attracted from China, Deputy Governor Sergei Sidorenko said on Sunday.

“We have developed economic relations with China, but the level of investments attracted from that country does not answer the modern requirements. We are ready to offer to Chinese investors the options to invest their capital in various spheres. However, those should be technologies of tomorrow, which will guarantee quality products of demand both in Russia and in the Asia-Pacific countries,” the deputy governor said. “Currently, we consider for Chinese investments the sectors of fishing, agriculture, mining, logistics, transport, construction and ecology.”

“China is a main economic partner of the Maritime Territory,” Sidorenko said. “Over the period between 2000 and 2012, China’s share in the trade turnover grew from 27 to almost 50 percent.”

The deputy governor participates in the XXIV Harbin International Economic and Trade Fair. This year, the event has attracted representatives of 76 countries, including Brazil, Malaysia, the United Arab Emirates, France, South Korea and Japan. The annual fair is held since 1990.

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