Chinese Truck Assembly Factory Is Likely To Be Set Up In Russia In The Near Future
China and Russia have reached an agreement to enlarge their trade on machinery and electric products on last Friday. At the same time representative of Russia says Russia will push forward policies to allow Chinese auto companies to invest and set up assembly factories in Russia.
China Minister of Commerce Mr. Bo Xilai says, in recent years the export of Chinese automobiles to Russia grows fast and many manufacturers want to set up assembly factories in Russia. Chinese autos have advantages in quality and market adaptability so they are much welcomed by Russian consumers. Mr. Bo says he hopes that Russia could give fair treatment on Chinese auto enterprises' market access to Russia market.
Mr. Herman Gref says Russia will push forward policies to allow Chinese auto enterprises to invest and set up assembly factories in Russia. As for other problems China concerns about, they will think about them and give replies as soon as possible. Mr. Herman Gref also invites Chinese enterprises to participate in the construction of Winter Olympic Arena in Sochi and relevant constructions of 2012 APEC Summit in Vladivostok.
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