The China Russia Expo provides opportunities for cooperation between enterprises and local governments of the two countries
Yekaterinburg, Russia, July 11 (Xinhua) - Interview: The 7th China Russia Expo will provide opportunities for cooperation between enterprises and local governments of the two countries - Interview with Mankovich, Chairman of the Russia Asia Federation of Industrialists and Entrepreneurs
Xinhua News Agency reporter Yellow River Zhao Bing
The 7th China Russia Expo opened on the 11th in Yekaterinburg, the capital of Sverdlovsk Oblast, Russia. During an interview with Xinhua News Agency reporters at the Expo, Mankovich, Chairman of the Russia Asia Federation of Industrialists and Entrepreneurs, stated that the exhibition provides opportunities for enhancing understanding and expanding cooperation between enterprises and local governments of the two countries.
Mankovich said that due to geographical proximity, as logistics infrastructure construction continues to advance, opportunities for industrial cooperation between Russia and China are becoming increasingly prominent. "Russia is improving its laws and regulations to attract investment and creating a favorable atmosphere. We hope to showcase the progress of these aspects to our Chinese partners."
Since 2014, the China Russia Expo has been successfully held for six sessions and is currently the highest level and largest comprehensive exhibition between China and Russia. It plays an important role in promoting local and enterprise cooperation between the two countries and supporting the development of bilateral economic and trade relations. During this Expo, activities such as the China Russia Local Cooperation Forum and Cooperation Seminar focused on local cooperation issues, providing suggestions and suggestions for improving and upgrading bilateral economic and trade cooperation.
Mankovich said that local cooperation between Russia and China has yielded fruitful results, and cooperation in the automotive industry between the two countries has flourished. Chinese automotive brands have successfully entered the Russian market. "There is vast space for local cooperation between Russia and China, and this Expo will help both countries' regions further demonstrate their potential for cooperation and share development opportunities."
Mankovic positively praised China's opening-up policy. "In the current situation where the global economic recovery is weak and unilateral sanctions have had a negative impact, China has always adhered to its policy of opening up to the outside world and extensively cooperated with willing countries. Without China's opening up, the world economic situation would inevitably be more difficult than it is now," he said.
Mankovic is very optimistic about the prospects of the Chinese economy. He stated that China's macroeconomic data has maintained stable growth, which has given confidence to countries around the world, including Russia, in the prospects of China's economic development. "In terms of both volume and purchasing power, the Chinese market is unique in the world, and with the improvement of the living standards of the Chinese people, the demand in the Chinese market is still further increasing, which provides broad opportunities for China's trading partners, including Russia," Mankovich said.
This year marks the tenth anniversary of the initiative of jointly building the "the Belt and Road". "International cooperation should draw on the principles and practices of the 'the Belt and Road' initiative." Mankovich said, "We see other countries cooperating with China under this initiative to fully share development facilities in investment, industry, logistics and other aspects." He stressed that global development can only be achieved through joint efforts, and the 'the Belt and Road' initiative actively promotes regional and global economic development, showing the world the most effective model of bilateral and multilateral cooperation.