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    China's state development bank willing to join Russian energy projects

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    MOSCOW, June 30 (RIA Novosti) - China's State Development Bank head told Russian Industry and Energy minister said that his country was interested in financing Russian energy projects, the Energy Ministry announced. Bank head Cheng Yuan met with Energy Minister Viktor Khristenko here Thursday to discuss Russian-Chinese cooperation in investment, energy, credit and finance. Khristenko updated the Chinese delegation on the East Siberia - Pacific pipeline project.

     The State Development Bank of China was founded in March 1994 to finance priority projects in the national economy and to build infrastructure facilities in industry, energy and transport.

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