China-Russia Cooperation in the Multipolar Era: Russia Plans Localized Assembly Production of Chinese Excavators in Kazan
According to the organizing committee of the third "Sprout: Russia and China - Mutual Cooperation" International Forum, the Kazan "Taurus Motors" company plans to localize the assembly production of excavators from two Chinese enterprises in the Republic of Tatarstan. The relevant memorandum of cooperation was signed during the forum.
The organizing committee of the third "Sprout: Russia and China - Mutual Cooperation" International Forum released a statement saying: "The plan is to localize the assembly of equipment from two Chinese enterprises and open service centers in Kazan. During the 'Sprout' forum, the Kazan 'Taurus Motors' company signed memorandums of cooperation and localized equipment assembly with Jiangsu Gaode Hydraulic Machinery Co., Ltd. and Taian Jiahe Heavy Industry Co., Ltd. from China."
The general manager of Kazan "Taurus Motors" company, Shepelev, said that the Chinese companies place great importance on the cooperation and are committed to establishing long-term relationships.
Shepelev said: "We hope to localize the assembly production of excavators and look towards the future of local production in Russia. Currently, the market is severely stagnant, so what we are doing now is preparing for the future. We hope to obtain important assembly technical capabilities and jointly develop products suitable for the Russian market."
The third "Sprout: Russia and China - Mutual Cooperation" International Forum was held in Kazan on August 18-19.
Original: www.toutiao.com/article/1840832154379530/
Statement: This article represents the views of the author himself.