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Cooperation with China

Representatives of Hunan Province visited the region

The delegation of Chinese Province Hunan is paying a working visit to Leningrad region. The meeting of representatives of two regions took place in the Front Office for Investor Relations of the Administration of Leningrad Region.

Leningrad region was represented by the first Vice-Chairman of the Committee for Economic Development and Investment Activity of Leningrad Region Maxim Kiselnikov and representatives of Economic Development Agency of Leningrad Region. The delegation from China included representatives of the Department of Commerce of Hunan Province, Administration Commission of Ningxiang Economic and Technological Development Zone, China-Russia Xiaoxiang-Volga Industrial Park and Russia MeTalk Business Consulting Co., Ltd.

The first Vice-Chairman of the Committee for Economic Development and Investment Activity of Leningrad Region Maxim Kiselnikov gave investment presentation of Leningrad region, told the members of Chinese delegation about investment climate in the region, measures of support for investment activity in the region, its cluster development.

The representatives of Hunan Province told about potential of their region, Ningxiang Economic and Technological Development Zone, activity of Chinese companies in Russia.

By the end of the meeting the representatives of Leningrad region and Hunan Province expressed their hope to develop fruitful mutually beneficial cooperation, exchange experience and support cooperation aimed at development of Chinese business in Leningrad region.

 

Reference

Leningrad region and People’s Republic of China have developed partnership in trade and economy. In January-May 2017 China occupied the 1st place among other countries in terms of turnover with Leningrad region. Foreign trade turnover between the region and China over this period came to $469.5 million, which is 14.1% of total foreign trade turnover of the region.

Over 5 months of 2017 China occupied the 1st place in terms of the volume of exported goods from Leningrad region, which came to $368 million (17.3% of the total volume of export of the region). The main exported goods are timber, ferrous metals, oil and petroleum products.

Over the same period China occupied the 3rd place in terms of the volume of import to Leningrad region which came to $101.5 million (8.4% of the total volume of import of the region). The main imported goods are electric machines and equipment, nuclear reactors, tea. 

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Economic Development Agency of Leningrad Region

 

Address: 64 B Malookhtinsky avenue, office 402, Saint Petersburg, 195112, Russia

Phone: + 7 (812) 644 01 23

Fax: +7 (812) 644 01 23 (ext. 2042)

invest@lenreg.ru 

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