www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

A friend in need during hard times

By Li Xiang (China Daily) Updated: 2014-12-23 07:34

As the Western nations turn their backs on Russia, more skills and funding for infrastructure projects may arrive from the other direction, reports Li Xiang in Moscow.

Six decades ago, the new People's Republic of China, isolated by the West, turned to the Soviet Union for ideas and support for the urban planning of Beijing where the Soviet influence can still be traced today.

Now a reverse trend is taking place.

Faced with mounting Western sanctions after the Ukraine crisis, Russia is now looking to the East, and particularly China, for investment to fund Moscow's multi-billion dollar infrastructure projects aimed at upgrading the Russian capital into a global metropolis.

At stake is an ambitious midterm urban development plan for the city involving $200 billion investment and properties covering a total of 180 million square meters.

The plan includes building a vast new administrative and business center dubbed "New Moscow", improving the city's metro, road and railway systems, and revamping old industrial zones and depressed areas along the Moscow River, Russian officials said at a recent urban forum in Moscow.

Dalian Wanda Group Co Ltd, China's largest commercial property conglomerate, is in negotiation with Moscow authorities to develop properties covering 1.5 million sq m at a cost of around $2 billion, according to Marat Khusnullin, deputy mayor of Moscow in charge of urban planning and construction policy.

The project will transform an area called Zil Industrial Park, a former Russian automobile manufacturing site along the Moscow River, into a new modern commercial and residential district.

The investment deal may be concluded next year and the transaction will be settled in the yuan, Khusnullin told China Daily.

Moscow's consent to use the Chinese currency as settlement removed what was considered a major hurdle for Dalian Wanda's investment, after the company previously expressed concerns about the falling rouble, which has lost nearly half of its value against the dollar this year.

Earlier reports had even suggested the deal would be postponed due to the currency crisis.

In addition to the currency arrangement, Moscow will also offer favorable land policies and cheaper land prices to attract other Chinese developers, the deputy mayor said.

Experts are now suggesting that this kind of closer business partnership between Russia and China in the infrastructure sector is likely to serve the interests of both sides well into the future.

Struggling with a faltering oil-based economy hit by falling energy prices, the Mayor of Moscow Sergey Sobyanin is now focusing on domestic infrastructure, in what he is calling the "new recipe", to energize its economy and create new growth.

Diversifying its portfolio of foreign investment has also become a priority, especially as international economic sanctions against the country as a whole, in response to the Ukraine crisis, leave little prospect of raising capital from the West.

"When times are hard and tough, we shouldn't stop moving ahead and should continue to focus on attracting overseas investment," Sobyanin said.

In a way, the timing could not be better for Sino-Russian cooperation.

China is currently looking for new markets overseas for its own infrastructure construction and equipment manufacturing sectors, which continue to face overcapacity problems after a two-decade property boom at home.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美午夜影院 | 四川一级片 | 亚洲福利国产精品17p | 一级女性黄 色生活片 | 综合亚洲欧美日韩一区二区 | 日本a级特黄三级三级三级 日本a一级片 | 99je全部都是精品视频在线 | 亚洲综合久久综合激情久久 | 亚洲制服欧美自拍另类 | 一级aaaaaa毛片免费 | 最新福利片v国产片 | 亚洲a级片在线观看 | 91香焦国产线观看看免费 | 男同黄网站 | 中国二级毛片 | 特级a毛片 | 亚洲大片 | 亚洲精品在线网 | 久久影院一区二区三区 | 欧美成人片在线 | 日本一级高清片免费 | 亚洲 欧美 日韩中文字幕一区二区 | 精品国产美女福利到在线不卡 | 一a一片一级一片啪啪 | 暖暖在线精品日本中文 | 国产一区二区三区手机在线观看 | 欧美成人午夜免费完成 | 生活片毛片 | 99视频在线播放 | 国产亚洲精品久久久久久 | 国产精品自拍在线 | 欧美福利一区二区三区 | 日本三级香港三级人妇r | 一级女性全黄久久生活片免费 | 碰碰久久 | 中文字幕一区二区三 | 欧日韩美香蕉在线观看 | 三a大片| 久草在线网址 | 亚洲三级理论 | 亚洲国产成+人+综合 |