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Russian Direct Investment Fund Launches Chinese Web Page

© RIA Novosti . Sergey Guneev / Go to the mediabankRussian-Chinese Relations
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The Russian Direct Investment Fund (RDIF), a sovereign wealth fund, launched a Chinese version of its webpage “Invest in Russia,” Xinhua reported on Wednesday.

MOSCOW, July 17 (RIA Novosti) - The Russian Direct Investment Fund (RDIF), a sovereign wealth fund, launched a Chinese version of its webpage “Invest in Russia,” Xinhua reported on Wednesday.

The portal, oriented for Chinese users, contains specific data on bilateral economic, trade and investment cooperation between Russia and China. Besides that, it includes statistics and analyses on the investment opportunities of different regions.

According to Kirill Dmitriev, SEO of RDIF and co-chief executive of China Investment Corporation (CIC), a $2 billion wealth fund, believes, that China being Russia’s largest trade and economic partner is likely to increase its investments in Russia by 2020. “Invest in Russia,” in turn, will become an effective tool for Sino-Russian economic cooperation and will serve a link between the regions of both countries seeking foreign investment.

"We see significant opportunities on both sides to strengthen economic relations. This is due to the cooperation between the RDIF and Chinese institutions. The RDIF and CIC are at the forefront of this support, helping companies from each country access the other's markets, in both a financial and advisory sense. We already have a strong pipeline of attractive investment opportunities which we expect to significantly expand in the coming months," said Dmitriev during the interview to Xinhua.

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