Views: 3327|Replies: 3

China to import Russian high tech [Copy link] 中文

Rank: 4

Post time 2008-1-28 08:50:55 |Display all floors
China to import Russian high tech
(Xinhua)
Updated: 2008-01-26 21:35


BEIJING - China will import 156 high-tech materials and items of equipment from Russia, under an agreement signed by the two sides here on Saturday.

The items include 63 energy-saving technologies, such as super-conductive materials, and 53 medical and bio-engineering technologies, such as diagnosing equipment.

The cooperation also covers 17 new materials technologies, such as reinforced plastic, and 23 environment protection and agricultural technologies, such as waste-water treatment equipment.

The projects, signed in a China-Russia trade forum, would improve the trade balance between the two countries, said president of the Chinese People's Association For Friendship With Foreign Countries Chen Haosu without giving further details.

Trade between China and Russia jumped by 44 percent year on year to 48 billion U.S. dollars in 2007 while China's surplus hit seven billion to eight billion dollars.

The two sides expect their trade to reach 60 billion to 80 billion dollars by 2010.

http://www.chinadaily.com.cn/china/2008-01/26/content_6423172.htm

---------------------------------------------------------------------------------------------------------------------

Yes, it is good to do this type of business with our Russian brothers.

Contrast the the way the US behaves!
You will reap what you sow!

Use magic tools Report

Rank: 4

Post time 2008-1-28 17:31:55 |Display all floors
Originally posted by gotohell at 2008-1-28 08:50
China to import Russian high tech
(Xinhua)
Updated: 2008-01-26 21:35


BEIJING - China will import 156 high-tech materials and items of equipment from Russia, under an ag ...


We know who our real friends are!

The Russians have always stood by us and we will stand by them and our Indian friends.

Together, our three nations will show the world how to work together for the good of mankind without distrust.
You will reap what you sow!

Use magic tools Report

Rank: 4

Post time 2008-1-30 07:08:04 |Display all floors
Russia-China trade growing fast - diplomat

Jan 26 2008 6:26PM

Russian-Chinese trade showed a pace of growth in 2007 that had no precedent in several years before but it has been impossible so far to reach an agreement to boost oil and natural gas trade, "the key area of our cooperation," the Russian ambassador to China said on Saturday.

"Taking account of the pace of development of Russian-Chinese trade and economic cooperation [in 2007], the task of bringing bilateral trade turnover to between 60 and 80 billion dollars by 2010, which has been set by [Russian] President Vladimir Putin and the chairman of the People's Republic of China, Hu Jintao, will be carried out ahead of time," the ambassador, Sergei Razov, said at the opening ceremony for a Russian-Chinese economic forum.

In 2007, Russian-Chinese trade showed a pace of increase that "has had no precedent in recent years," growing 40% to an annual turnover of more than $48 billion, Razov said.

However, "Chinese exports were nearly entirely responsible for the high pace of growth, and as a result Russia has developed a deficit of $8.8 billion," he said.

"Crude oil, oil products and timber have accounted for nearly two- thirds" of Russian exports to China while machinery and technological equipment have made up less than 1.5%, the ambassador said.

Razov also complained that no deal had been clinched yet to boost oil and gas trade between Russia and China, "the key area of our cooperation."

...



http://www.interfax.ru/e/B/politics/28.html?id_issue=11953411
You will reap what you sow!

Use magic tools Report

Rank: 4

Post time 2008-1-30 07:11:17 |Display all floors
Also during the economic forum on Saturday, an agreement was signed in which China would import from Russia more than 150 high-tech “materials and items of equipment.” This deal covers everything from bioengineering technologies to strengthened plastics.

China is in need of a boost in this kind of technological innovation, which will further propel its own domestic industries and military projects, and allow the Chinese economy to more effectively compete with other countries on the global market.

Of course it is no secret that Russia and China share many mutual interests and that their relationship has flourished over the past decade. It is important to note, however, the degree in which the two nations are improving the way they do business with one another, and (more importantly) the kind of business the two sides are doing.

For instance, check out this Reuters piece on a reported treaty to be proposed by the Russian and Chinese calling for a ban on arms in space. Remember China’s anti-satellite technology? How about Russia’s agony over the United State’s proposed missile defense shield?

http://nearabroad.wordpress.com/ ... ontinues-to-deepen/
You will reap what you sow!

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.