BEIJING (Sputnik) — Moscow has approached Beijing with a proposal to invest in shipbuilding in Russia’s Far East, Russian Ambassador to China Andrei Denisov told Sputnik.
"We are proposing our Chinese colleagues to contribute to the development of our shipbuilding in the [Russian] Far East. We are interested in attracting Chinese partners," he said.
According to the diplomat, it is premature to talk about any specific projects yet.
"If the Chinese side expresses interest in the reconstruction and modernization of production at the Russian Zvezda shipyard, then we will consider options, whether it would be investments or the purchase of a stake," he said.
In June, Russian Deputy Prime Minister Dmitry Rogozin said that the modernization and expansion of the Zvezda shipyard was one of the most important construction projects in the country as it would enable the implementation of the country's Arctic development plans.