Trade Resources Policy & Opinion China International Trade Representative and Vice Minister of Commerce Zhong Shan Meets with President of the Chechen Republic Ramzan Kadyrov

China International Trade Representative and Vice Minister of Commerce Zhong Shan Meets with President of the Chechen Republic Ramzan Kadyrov

During the visit to Russia with Vice Premier Zhang Gaoli and on the sidelines of the St.Petersburg International Economic Forum, entrusted by Vice Premier Zhang Gaoli, the China International Trade Representative and Vice Minister of Commerce Zhong Shan met with President of the Chechen Republic Ramzan Kadyrov and his delegation on the afternoon of June 19, 2015.

Zhong Shan said on his visit to Russia in May this year, President Xi Jinping and President Putin reached extensive consensus on deepening China-Russia comprehensive strategic and cooperative partnership and upgrading bilateral pragmatic cooperation, marking a new stage of China-Russia relations. Vice Premier Zhang Gaoli and President Putin have conducted fruitful talks and new progress has been made in promoting bilateral investment and financial cooperation. It should be admitted that at present China and Russia have been strengthening their mutual trust in politics, accelerating trade and economic cooperation and have achieved remarkable progress in trade, investment, hi-tech, energy and infrastructure. The Chinese side attaches great importance to local cooperation with Russia and would like to continue to explore the cooperation potential. Some local governments in China have carried out friendly exchanges with the Chechen Republic and he hoped the two sides will maintain the cooperative momentum. Chinese Ministry of Commerce will encourage local governments and enterprises to conduct pragmatic cooperation in the Chechen Republic and make contribution to local economic development.

Kadyrov said the present Russia-China relations enjoy good momentum, President Putin attaches much importance to the bilateral practical cooperation and the Chechen Republic hopes to join the local cooperation between China and Russia. The Chechen Republic has had trade exchanges with China but with small scale. He hoped to attract Chinese enterprises to invest in Chechen and expand the bilateral trade. At present, Russia is making active efforts to carry out the import substitution policy. The Chechen Republic have good conditions to attract foreign investment with its stable social environment, fast economic recovery and rich labor force. He hoped to strengthen cooperation with China in trade, manufacturing, modern agriculture and energy areas.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201506/20150601027706.shtml
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