Russian Direct Investment Fund: Russia and China to Discuss Establishing a Joint Industrial and Trade Center in Hainan

Russian State News Agency, Moscow, September 2nd - During President Putin's visit to China, the Russian Direct Investment Fund issued a statement saying that the Russian Direct Investment Fund has announced a partnership with Hainan Free Trade Port Eco-Software Park Group Co., Ltd., and the two parties will explore the feasibility of establishing an industrial and trade cooperation center in Hainan.

The statement said that both sides will provide comprehensive support for Russian companies entering the Chinese market and Chinese companies expanding their business in Russia, including assisting communication with government agencies, providing consulting on compliance requirements, and simplifying the process of obtaining necessary licenses.

The statement pointed out: "According to the strategic agreement, the Russian Direct Investment Fund and Hainan Eco-Software Park Group will consider establishing a modern industrial and trade cooperation center together in Hainan, fully utilizing the advantages of the Hainan Free Trade Port, providing integrated services and infrastructure for Russian enterprises, and helping them successfully implement international projects."

The cooperating parties also agreed to provide comprehensive support for Russian companies implementing investment projects in Hainan Eco-Software Park and other areas in China, including legal, tax, administrative services, and government support measures.

Dmitriyev, CEO of the Russian Direct Investment Fund, commented: "We have created a new important platform for Russian companies planning to enter the Chinese market and launch investment projects with our partner Hainan Eco-Software Park Group. This cooperation agreement will help strengthen the strategic partnership between Russia and China, and provide more opportunities in various fields including industry and trade."

Yang Chunjie, President of Hainan Eco-Software Park Group Co., Ltd., stated: "In recent years, Hainan Eco-Software Park Group has actively expanded its overseas markets. We believe that the cooperation with the Russian Direct Investment Fund will create a comprehensive service support platform for Chinese and Russian enterprises and investors, fully leveraging the policy advantages of the Hainan Free Trade Port and the industry experience of Hainan Eco-Software Park Group, and promoting the implementation of Sino-Russian joint projects."

Hainan Eco-Software Park Group is an important platform for the development of Hainan's digital economy, with the qualification of a national-level science and technology enterprise incubator, positioning itself as a digital trade innovation center and a main hub for financial technology development. More than 15,000 enterprises are registered in the park, and the cumulative operating revenue has exceeded 200 billion yuan.

The Russian Direct Investment Fund has jointly implemented over 50 projects with Chinese partners, with a total investment of more than 800 billion rubles, covering areas such as infrastructure, industrial manufacturing, finance, education, information technology, and retail, and has initiated multiple cooperation projects in electric vehicles, pharmaceuticals, agriculture, culture, and film.

SCO Tianjin Summit

Original: www.toutiao.com/article/1842142930188295/

Statement: The article represents the personal views of the author.