Russia to Present Over 20 Regions at China Investment Fair in Beijing

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Russia will present over 20 of its regions at the Eighths International Fair of Chinese Investment (COIFair-2016) in Beijing in October, Director of Outbound Negotiation Office of China Overseas Development Association (CODA) He Zhenwei said Tuesday.

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BEIJING, (Sputnik) — He Zhenwei stressed that the main issues of the upcoming event would be cooperation in the field of production facilities and the implementation the new Silk Road Economic Belt. Between 5,000 and 6,000 participants from over 80 countries and regions are expected to attend the fair.

"Russian business delegations will come. The fair will include over 20 Russian regions, the representatives of which will talks about the features of their regions," He Zhenwei said at a press conference.

According to the CODA director, China should assess how to increase exports of Russian environmentally friendly products to China and expand trade between the two countries.

The 8th China Overseas Investment Fair will be held in the Chinese capital on October 20-21. Representatives from 113 countries attended the forum in 2015, concluding 2,500 investment projects worth $3.8 billion.

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