国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China, Russia to embrace investment growth

(Xinhua) Updated: 2012-10-08 09:31

MOSCOW -- As trade between Russia and China is thriving, the two countries can expect a similar growth in investment, says an executive of a leading Russian investment bank.

In a recent interview with Xinhua, Damian Chunilal, CEO Asia for VTB Capital, highly valued the bilateral trade and the expanding connection between the two giant neighbors.

Related reading: China, Russia ink 27 contracts worth $15b

"The recent APEC summit in Vladivostok has demonstrated increasing connections between Russia and the Asian region in general, and China in particular," Chunilal said.

He recalled the goals set by Russia and China of lifting bilateral trade to $100 billion by 2015 and to $200 billion by 2020.

In 2011, bilateral trade reached $80 billion, marking a record year-on-year rise of 42.7 percentage points.

In addition to the growth of bilateral trade, the two countries should step up financial cooperation so as to boost investment flows, including direct investments and portfolio investments.

"We've been seeing it," Chunilal said, referring to the existing investment flows between the two countries.

In June, Russia and China launched the $4 billion Russia-China Investment Fund, established by the Russian Direct Investments Fund and China Investment Corp. This move has been considered as a milestone in bilateral investment in the Far East region.

"We would hope to see more portfolio investment from Asia and, in particular, from China into Russia," Chunilal added.

According to Chunilal, many sectors in Russia, such as natural resources, agriculture and consumer goods production, are likely to attract Chinese investors and business people.

Chunilal praised China for its adjustment of the economic development policy to benefit its people.

"China rapidly evolved from a world manufacturer to a market and the success of economic reforms has real benefits to the economic welfare of the overall population," Chunilal said.

"And I'm very confident that exactly the same is going to happen in Russia," he said.

Indicators for economic growth, the median per capita income and the sovereign debt situation show clearly that Russia's consumer sector is likely to develop rapidly, Chunilal said.

Development of Russia in the recent five years has been impressive, he said, expressing confidence in Russia's future.

As one of the largest investment bank in Russia, VTB Capital will prove its ability to facilitate trade, financial and investment flows between Asia and Russia, Chunilal added.

"We are building our capability to serve Chinese investors," he said.

Hot Topics

Editor's Picks
...
昌图县| 时尚| 武川县| 阿拉善左旗| 长葛市| 通河县| 吐鲁番市| 康马县| 赣州市| 莫力| 乐陵市| 秦皇岛市| 内江市| 柳河县| 泸水县| 齐齐哈尔市| 定西市| 临泉县| 玉树县| 牡丹江市| 贵定县| 瓦房店市| 梁平县| 二手房| 信丰县| 晴隆县| 邯郸县| 淮北市| 石首市| 华宁县| 吐鲁番市| 克什克腾旗| 临桂县| 延长县| 尚义县| 宝清县| 崇阳县| 桐梓县| 哈密市| 酉阳| 清徐县|