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Tatarstan says cooperation with China developing in all spheres

The foreign trade turnover also on the rise

KAZAN, 14 November. /TASS/. Tatarstan is successfully developing cooperation with the People's Republic of China in various spheres, including science, education and humanitarian ties. The foreign trade turnover is also steadily growing, Tatarstan's Minister of Industry and Trade Oleg Korobchenko said at the 2nd International Forum Rostki: Russia and China - Mutually Beneficial Cooperation.

"Tatarstan is developing cooperation with the People's Republic of China in a number of areas - science, education, humanitarian relations. There are cultural, youth and sports exchanges. Interaction between universities of the Republic of Tatarstan and China is developing. Today we have 2.7 thousand students from China," said Korobchenko.

According to the official, foreign trade turnover between Tatarstan and China continues to grow, reaching a record level in 2023 and exceeding $3 billion. "Tatarstan companies are implementing a number of joint projects with Chinese companies. A large number of Chinese companies operate on the territory of Tatarstan. Tatarstan is one of the most developed regions of the Russian Federation. Our region has significant economic potential and developed human capital," Korobchenko said.

He also noted that Tatarstan's competitive advantages are its favourable geographical location, rich natural resources, highly qualified labour force, powerful industrial and scientific complex, and developed transport infrastructure.

The International Forum Rostki: Russia and China - Mutually Beneficial Cooperation will be held in Kazan on 13-15 November. The forum's business program includes 70 sessions on trade, investment, technology, logistics, petrochemicals, agriculture, education, tourism and other topics. More than 10,000 participants are expected to attend the event, including representatives of 69 Russian regions and 26 China's administrative divisions. The Forum will also host the Russia China Expo international exhibition and will offer an extensive cultural program to all participants.

TASS is the general information partner of the forum.