SCODA Attending China-Russia (Lipetsk Oblast) Industrial Chain Cooperation and Promotion Fair upon Invitation

2023-01-06 11:29:33 admin source: share:

    On August 10, China-Russia (Lipetsk Oblast) Industrial Chain Cooperation and Promotion Fair was held, which will further promote the economic, trade and investment cooperation between Chinese enterprises and Lipetsk Oblast, give full play to the complementary industrial advantages of the two sides, and build a mutually beneficial industrial chain cooperation system. Kurbatov, Vice Governor of Lipetsk Oblas, and Zhang Yujing, Chairman of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, attended the event. Zhang Dong, Deputy Director of the Administrative Committee of SCODA, attended the event and delivered a speech on invitation. More than 70 enterprises from 21 provinces and municipalities in China participated online. Qingdao Jiner, Nidec, Shanghai Electric, Langyi Machinery, Weitu Desheng and other enterprises at SCODA have conducted online exchanges with relevant enterprises in Lipetsk Oblast.


    Kurbatov indicated that Lipetsk Oblast has convenient transportation and geographical advantages, and well-developed machinery manufacturing, metal processing, power generation, agriculture, food processing, chemical industry, and building material and other industries. The output of household refrigerators and freezers ranks first in Russia, and the output of steel and ferrous metal rolling materials ranks fourth in Russia. It has rich experience in implementing projects and welcomes investment from Chinese enterprises.

    According to Zhang Yujing, the trade volume between China and Russia in the first half of this year reached USD 80.675 billion, up by 27.2% year on year. The export of mechanical and electrical products to Russia amounted to USD 17.42 billion. The China Chamber of Commerce for Import and Export of Machinery and Electronic Products will further strengthen its ties with the Lipetsk government and the industrial parks, deepen research and contacts on industrial cooperation between the two countries, and help enterprises achieve practical cooperation results.

    Zhang Dong mentioned that at present, the SCODA is firmly focusing on the fundamental origin of deepening and expanding economic and trade cooperation with SCO countries and countries along the Belt and Road, anchoring the driving force of industrial links and enterprises, and making every effort to build a new platform for international cooperation along the Belt and Road. The industrial development of SCODA and Lipetsk Oblast shows the compatibility, and the industrial chains can be organically connected between the two sides. The SCODA will play the role of a bridge to deepen cooperation between enterprises of both sides for mutual benefits and win-win results.

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