Chengdu, Russia sign agreements valued over 8 billion yuan for seven projects

MOSCOW, Aug. 28, 2018 /PRNewswire/ — Chengdu and Russia signed agreements valued at more than 8 billion yuan (approx. US$1.1 billion) for seven projects during the 2018 Chengdu-Russia Economic and Trade Cooperation Promotion Conference held in Moscow on August 24, 2018. The agreements cover a wide range of sectors, including biomedicine, digital information, public infrastructure, culture and music.

As part of Moscow-Chengdu Week, a promotional component of the “Panda Chengdu in Russia” campaign co-hosted by the municipal governments of Chengdu and Moscow, the event brought together over 200 guests, including representatives from the Embassy of China in Russia, the municipal governments of Chengdu and Moscow, Russian business associations and companies engaged in related sectors as well as Chengdu-based firms, with a focus on Chengdu’s investment environment and its development prospects.

During the conference that included extensive promotion of Chengdu’sbusiness, tourism, convention and exhibition markets, a spokesperson for the Commission of Commerce of Chengdu highlighted the roll out of China Rail Chengdu-Europe Express and business opportunities brought about by the freight train service. (Read more…)