Young Chinese, Russian entrepreneurs seek cooperation opportunities
- By Zhang Junmian
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E-mail China.org.cn, May 27, 2017
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Xia Lifeng, general manager of Changsha CEC Software Park Co. Ltd. , gives a speech at the Second China-Russia Conference for Representatives of Young Entrepreneurs in the Russian city of Ulyanovsk on May 22, 2017. [Photo by Zhang Junmian/China.org.cn] |
Representatives of young entrepreneurs from China and Russia said on May 22 in the Russian city of Ulyanovsk that they expect more bilateral cooperation and connectivity in the business field in the future.
"Young entrepreneurs in Changsha CEC Software Park expect more cooperation with their Russian counterparts and we welcome Russian youths to start their business in the industrial park," Xia Lifeng, general manager of Changsha CEC Software Park Co., Ltd. , said at the Second China-Russia Conference for Representatives of Young Entrepreneurs.
Xia, who is also a member of a 100-member Chinese youth delegation sent by the All-China Youth Federation(ACYF), noted that the Changsha-based industrial park is home to more than 200 innovation-oriented businesses established by young entrepreneurs in China.
The industrial park, co-founded by China Electronics Corporation (CEC) and Hunan Province in 2009, features companies engaged in research and development of high-tech products including drones, high-end CPU chips and computers.
"Some products made by companies in our industrial park have already entered the Russian market and more Russian young talents are coming to work there," Xia said, stressing that the industrial park will continue to foster different platforms for bilateral youth cooperation, including maker space, incubators and business schools for promoting youth innovation and entrepreneurship.
He said, "In this way, we will establish a system of deepened exchanges and cooperation in talents, technologies and products for common development of young people from China and Russia."
Kasimov Iskander, chairman of the Board of Directors at Ulyanovsk-based Alterism Venture Capital, expressed his hope that the company could expand their business into the Chinese market.
His company is engaged in some venture projects in a number of fields, including alternative energy and technologies, as well as infertility treatment and oncology, and biotechnology.
Tatiana Seliverstova, deputy chairman of Russian Union of Youth (RUY), stressed that it is very important to invite more young entrepreneurs from China to Russia and from Russia to China to make business together, so as to promote cooperation between China and Russia in business fields.
"Together with the All-China Youth Federation, we will open Chinese-Russian college students' business incubators in eight cities this year," Seliverstova said.
According to Seliverstova, the incubators will be opened in July in four Russian cities and four Chinese cities, with 60 young Chinese entrepreneurs invited to Russia and 60 young Russian entrepreneurs going to China to work together in groups to learn within three weeks about how to make business in both countries and how to organize business programs together.
"And at the final level, they will make presentations for their projects to investment companies," said Seliverstova.
Uba Ekaterina Vladimirovna, deputy governor of the Ulyanovsk region, believed that there is huge potential for bilateral cooperation under the China-proposed Belt and Road Initiative.
Vladimirovna said in her addressing speech at the opening ceremony, "We have good ideas and concepts for common development, and young entrepreneurs can play a bigger part in fulfilling these ideas and concepts."
Chen Bichang, deputy director of the Chinese Youth Delegation and honorary chairman of Shandong Youth Federation, thought that young people from China and Russia could seek mutual development through joint efforts.
The alignment between China's Belt and Road Initiative with the Russia-led Eurasian Economic Union (EEU) offers opportunities for youths' participation and platforms for their development, according to Chen.
China-Russia ties are at the highest level in history and the overall strategic cooperation partnership between the two countries has been developing steadily.
Substantial progress has been achieved in cooperation of various areas including trade, finance, agriculture, infrastructure, aerospace and aviation.
In 2016, bilateral trade between China and Russia reached US$69.53 billion, up 2.2 percent year-on-year, according to Guo Xu, director of the General Office of the Department of Eurasian Affairs under China's Ministry of Commerce. China continued to be Russia's largest trading partner for the sixth consecutive year since 2010.
Guo continued, "In the first four months of 2017, bilateral trade amounted to US$24.73 billion, up 26.2 percent year-on-year."
Chinese firms' non-financial direct investments in Russia exceeded US$14 billion in 2016, making China Russia's fourth largest investor.
The Chinese youth delegation was invited by the Ministry of Education and Science of Russia and the Russian Union of Youth for a series of exchange activities in Moscow and Ulyanovsk of Russia between May 18 and 25.
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