The RAUIE together with the Nizhny Novgorod Region Development Corporation held a round table on technical re-equipment of industrial enterprises of the Nizhny Novgorod Region and the PRC. As part of this event, the investment potential of the Nizhny Novgorod was presented, and a plan for interaction between Nizhny Novgorod and Chinese companies in the field of equipment was discussed.
Maxim Kuznetsov: “Today China is one of the main foreign trade partners of the Nizhny Novgorod region. The PRC has the largest number of industrial enterprises in the world and is the world's main exporter of various industrial products. The People's Republic of China takes an active part in international scientific and technical cooperation, extensively introduces the latest technologies in industry, which allows it to annually strengthen its potential for economic development.
More than three-fifths of the country's working population is employed in modern, modernized heavy industry enterprises in China. Particularly developed industries include: mechanical engineering, metallurgical, energy and chemical industries
New technologies, new types of products, modernization of capacities - all this is an urgent agenda for the cooperation development between the business community of the Nizhny Novgorod Region and the People's Republic of China, as well as for maintaining the competitiveness of products. "
Maya Man', the head of the RAUIE representative office in Shanghai, said: “Now it is a good time and a good opportunity to upgrade industrial capacities. Over the past 10 years, China has made a big step forward, and the quality of Chinese equipment has approached the European level, while the price is a good advantage. This year we made an anti-crisis offer - free search and selection of industrial equipment for the RAUIE members and partners"
Summing up the results of the event, the RAUIE and the Nizhny Novgorod Region Development Corporation signed an agreement on long-term and mutually beneficial cooperation.
The RAUIE develops trade relations between China and Nizhny Novgorod
10 January 2021
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