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The Russian Business Week and the Sino-Russia Government and Enterprise Direct Connection Forum, was held recently in Changchun, capital of Northeast China's Jilin Province, in a bid to speed up cooperation and improve investment environment between the two countries.

 

The Russian Business Week, an important part of the second China Jilin Northeast Asia Investment and Trade Expo, was chaired by the Ministry of Commerce of China, the Ministry of Economic Development and Trade of Russian Federation, the Russian Federation Chamber of Commerce and Industry and the Jilin provincial government.

 

Yi Xiaozhun, Vice Minister of Commerce gave a speech at the opening ceremony. A total of 230 Chinese representatives and 220 Russian representatives attended this event.

 

Representatives share their opinions on the importance of Sino-Russia government and enterprise direct connection, how to improve the development of economy and trade, and strengthen enterprise co-operation between the two countries.

 

Meanwhile, a light industry and textile products meeting and an automobile and parts conference will also be held during the Russian Business Week.

 

Statistics from Jilin provincial commerce department show that total trade volume between Jilin Province and Russia was up to US$179 million at the end of last year. By the end of this year the import and export volumes between the two sides is expected to see an increase of 50 per cent compared with that of 2005.

 

(China Daily September 6, 2006)