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Jiangsu-Moscow Oblast Investment and Trade Networking Event Held in Nanjing
updated on:2019-08-13 08:05

Hosted jointly by Jiangsu Provincial Department of Commerce and Moscow Oblast Investment and Innovation Department, Jiangsu-Moscow Oblast Investment and Trade Networking Event kicked off in Nanjing on Aug. 7.

This year marks the 70th anniversary of China-Russia diplomatic relations, and the 20th Anniversary of Jiangsu-Moscow Oblast sister provinces relationship. Anton Logvinov, acting head of Moscow Oblast Investment and Innovation Department, briefed on the scientific research potential, education, housing construction, tax incentives and infrastructure construction compensation expenses of Moscow Oblast in front of the businesses present at the event and displayed on site local specialty commodities.

In May, a promotion conference themed with “Working Together for a Better Future” was hosted in Moscow by Jiangsu and Moscow Oblast, where both sides made introductions on respective economic development, locations and potential cooperation fields. The conference proved a success. In the first half of the year, trade with Russia hit 3 billion USD, with the import growth rate exceeding 30%. 

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