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Zhu Bixin met with Russian Deputy Prime Minister

The Group’s Headquarters     2017-11-01         

On October 31, the Group’s President Zhu Bixin met with visiting Deputy Prime Minister of Russian Federation Yury Trutnev. The two sides held in-depth communication on investment and collaboration in Russian Far East region. Alexandra Galushka, Minister for the Development of Russian Far East and the Group’s Vice President Li Yousheng attended the meeting.

 

Zhu Bixin extended his welcome to Mr. Trutnev and the delegation and expressed his gratitude to Russian government and Mr. Trutnev for their support and care over Chengtong’s development in Russia. Zhu Bixin introduced China Chengtong’s development as the state-owned capital operating company, and the operation of China Chengtong International Trading Co., Ltd.’s (Chengtong International) Moscow-based Greenwood projects and China National Paper-Industry Investment Corporation Ltd. (China Paper). He also exchanged ideas about pulp paper investment in Russian Far East region. Zhu Bixin stated that China Chengtong attached great importance to its investment and development in Russian Far East region and fully supported the project of establishing a pulp mill in Khabarovsk. Zhu Bixin hoped that the Russian government and Mr. Trutnev could provide more support and guidance to this project, and jointly promote the implementation of the project with China Chengtong, in order to make greater contributions to the ‘The Belt and Road’ construction and cooperation between China and Russian Far East region.

Trutnev introduced the development of Russian Far East region and its preferential policies for investment. Trutnev emphasised that the Russian government gave top priority to China Chengtong’s investment in Russian Far East region. The Russian government would like to provide support and policy guidance on forest resources, logistics facilities, labor, environmental protection and customs for Khabarovsk pulp mill project, and actively promote the project implementation and the development of Sino-Russian economic cooperation on the basis of common development.
 
Relevant personnel from the Russian Far East Development Department,, the Agency for Investment and Export Promotion in Russian Far East, and Far East Development Fund; China Paper, Chengtong International, Chengtong Fund Management Co., Ltd. and the Group’s Department of Strategic Management attended the meeting.

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