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China,Russian Federation : Russian-Chinese advanced technologies center to be established

Publish Date : 12-Dec-2017

The Russian-Chinese center for advanced technologies designed to execute several promising innovative projects will be developed on the territory of the Skolkovo Technopark near Moscow.

The signing ceremony for a bilateral memorandum on cooperation took place on Friday in the Russian Embassy in China. The agreement was signed by the representatives of the Skolkovo Foundation and
Chinas Tus-Holdings, which is supported by the Zhongguancun technology hub.

The deal will see Russia providing Chinese high-tech businesses with infrastructure, ensuring their cooperation with Russian scientific and research institutions.

The Skolkovo Foundation said, "This project will allow creating a multi-specialized channel for the development by numerous new high-tech Russian companies of the Chinese market together with Chinese partners,"

Charge daffaires of the Russian Embassy in China Georgy Zinovyev noted, "This is an efficient tool of encouraging scientific and technical cooperation tested in China. There will be a chance to cultivate new projects based on the ideas of Russian developers."

Chairman of the Board of Skolkovo Foundation Igor Drozdov added, "We are interested in constantly increasing the share of Russian companies on the Chinese marketWe expect to make our cooperation with Chinese partners even more effective."

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