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China is ready to invest in the Far East soybeans

Chinese companies in Qinhuangdao City (Hebei Province, North China) are going to invest about five billion yuan (750 million dollars) in the cultivation of soya and other crops on the territory of the Russian Far East.

The Secretary of the Municipal Committee of the Communist Party of China, Meng Xiangwei, told TASS about this at the Eastern Economic Forum held in Vladivostok.

“Taking part in the Eastern Economic Forum, we hope to better understand the mechanisms of trade and economic cooperation and find new forms of partnership,” he said.

According to Meng Xiangwei, Qinhuangdao has already begun cooperation in the field of grain. “The project for the production of soybeans and other grains in the Far East is still being worked out, but we are very interested in its implementation,” he said.

Second East Economic Forum held 2-3 2016 September in Vladivostok. It is attended by delegations from China, Japan, Republic of Korea, India, Vietnam, Australia, USA, Singapore and some other countries. The central event of the forum - session with the participation of Russian President Vladimir Putin, Japanese Prime Minister Shinzo Abe and President of the Republic of Korea Park Geun-hye.

See also ... 11 / 02 / 2016 Russia will ban the import of corn and soybeans from the USA from February 1525 / 02 / 2016 RZS: we are ready to ship grain, but China will not let03 / 03 / 2014 OZK make money on grain deliveries to China29 XNUMN / XNUMN / XNUMN / XNUMN / 04 asks China to remove meat restrictions2016 / 26 / 02 USA: farmers choose corn instead of wheat2016 / 07 / 11 OZPP: Chinese products will partially help Russia2014 / 11 / 09 Russia and China intend to increase the turnover2014 / 09 / 12 Russia can harvest 2013 / 2017 / 27 RSHN decided to take a closer look at corn and soy from the USA01 / 2016 / 26 IN Primorye will have a soybean processing plant04 / 2013 / 21 Cooperation with Belarus will increase the soybean cluster in the Far East - the representative of the RFNUMX / 08 / 2012 of the Russian Federation in this agricultural season can export a record amount of soybean11 / 01 / 2013 and Ukraine will start shipping / 06 / 12 EFKO believes in soybean potential2013 / 2014 / 03 Soya in the Amur region is urged to grow with caution

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