The China (Shandong)-Russian electromechanical enterprises online promotion conference was recently held in the city of Zibo – located in East China's Shandong province – to boost trade between businesses specializing in the field from the region and Russia.
Over 20 local companies which participated in the event were selected according to their demand for business with the developing Russian market, their production process, new materials and financial risk control.
The foreign affairs office of the Zibo municipal government signed an agreement with China Huaming International Investment Co Ltd, to help promote commerce with Russia.
A total of 200 representatives attended the conference, including officials from the Chinese embassy in Russia, the management committee of the Shanghai Cooperation Organization Demonstration Area and the Russian representatives of various unions and departments – including the Ministry of Foreign Economic and International Relations of the Moscow municipal government.