Harbin FTZ eyes investment drive in Russia
Updated : 2020-07-31
By ( e.my399.com )
The discussions were held via a video conference with the Consulate General of China in the city Kazan – a regional capital and major commercial center in Russia – under the support of Heilongjiang Foreign Affairs Office.
The two sides discussed promoting Harbin FTZ as a platform for expanding commerce with Russia, while helping the zone open up to the European hinterland where the Russian economy is focused.
During the video conference, officials conveyed Harbin FTZ’s current conditions, the advantages of expanding commerce with Russia and the zone’s preferential policies to the consulate in Kazan.
Management hoped to use the influence of the consulate general to increase the promotion of the Harbin FTZ in Russia's mainstream media and social network platforms and carry out investment promotions in the European hinterland of Russia.
Harbin FTZ, as one of the three areas making up the Heilongjiang Free Trade Zone, was approved by the State Council – China’s Cabinet – on Aug 26, 2019.
It aims to become a launchpad for wide-ranging commerce between Russia and Northeast Asia, a national logistics hub connecting domestic and Eurasian regions–and a growth springboard and demonstration zone for the full-scale revitalization of the northeast region.
Kazan is the capital of the Republic of Tatarstan in the Russian Federation and is an economic, transportation and cultural center located in the middle reaches of the Volga River. It has a population of nearly 1.3 million and an area of 425 square kilometers.
It is the eighth largest city in Russia, and an important railway hub, a large river port, and an industrial and financial center.
Harbin has made major progress in improving its environment.
The financial departments recently allocated another 320 million yuan to support companies that are resuming their operations and production.
Policies rolled out by Harbin -- in response to the needs of enterprises that are resuming operations and production -- have taken effect.
Harbin FTZ recently rolled out initiatives to simplify registering and starting up companies.