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Chinese businesses see Russian Far East as manufacturing hub

  • 10 May 09:41

China has proposed to move some manufacturing units to the Russian Far East. RBTH discusses the prospects of Sino-Russian cooperation in their border areas with experts. In April 2016, Chinasuggestedrelocating manufacturing enterprises in 12 key sectors of the economy, including metallurgy, power engineering, telecommunications, shipbuilding, textiles, and agriculture to the Russian Far East. Rustam Makarov, a senior official with the Russian Far East Development Ministry, who visited China last month, says new units established in the specially designated Territories of Accelerated Development (TADs) and the Vladivostok free port zone will get tax. Read more...