Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russian and China are Launching a Joint Scientific and Technology Innovation Fund
17.06.2019 09:56
Russian and China are Launching a Joint Scientific and Technology Innovation Fund

The Russian Direct Investment Fund (RDIF) and China Investment Corporation are launching a joint scientific and technology innovation fund, according to “Vedomosti”.

      The fund will invest in projects in the fields of artificial technologies, innovative materials and space technologies. The capital of the fund will amount to one billion dollars; the parties will invest in it equally. Both Russian and Chinese companies will be able to apply for investments, whereas the requirements for projects have not yet been specified. As the representative of RDIF noted, investments in such projects will help to transfer technologies between Russia and China, thereby increasing their chances for commercial success.

      Read More Articles about Russian Economy and Business

Author: Anna Dorozhkina

Tags: Russian economy Russian business    

Next Previous

You might also find interesting:

Russia Ranks Third in the World in Terms of Fintech Services Penetration
The Number of Companies Set Up in Russia in 2018 Fell by Almost 20%
Malt Beer Became the Most Popular Product Exported from Moscow to China
Russian Crowdfunding Market Grew by 34% during 2018
The Share of Non-cash Payment in Russia Reached 50%

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Amur Region  Exhibitions in Moscow  Music and Art Festival "Tremolo"   Russian opposition leaders  Federal Law on Education  protest actions  Vladimir Shukhov  DTM racing  Great Patriotic War  Alexander Pushkin  Mercedes-Benz Fashion Week   travel to Russia  3D Printer  Pskov  Russian billionaire  Stavropol Territory  Sochi Olympics tickets  Russian business  Radonezh  Arkhangelsk  Saint Petersburg  International Dance Day  Mercedes-Benz Fashion Week Russia  Unusual Monuments  Moscow  Festivals in Moscow  Arctic  Theatre Festivals  Military  bloggers  Rock Music  Nikolay Yeremenko Jr.  Russian banking sector  Sokolniki Park  Russian army  Central House of Artist  Russian tourism  low cost airline  Traditions and Customs of Karelia  Russian Cinema  Cable TV  Poetry  Ministry of Education and Science of the Russian Federation   Russian ballet dancers  Russian Theater  Rostov Region  St. Petersburg  Russian regions  Russian souvenirs  Russian stock exchange 

Travel Blogs
Top Traveling Sites