BlueHammer85
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The Russian state development bank VEB plans to provide around 3.5 trn roubles ($42.74bn, or more than £30bn) in funding for joint projects with Chinese businesses, VEB head Igor Shuvalov revealed today.
Putin said of the talks: "We welcome the creation of production facilities and the transfer of Chinese industrial expertise to our country.
"For our part, we intend to continue creating comfortable conditions for Chinese companies to operate in Russia."
Shuvalov said the 3.5trn roubles in funding was earmarked for projects in industries like gas, timber processing and shipbuilding.
Putin said of the talks: "We welcome the creation of production facilities and the transfer of Chinese industrial expertise to our country.
"For our part, we intend to continue creating comfortable conditions for Chinese companies to operate in Russia."
Shuvalov said the 3.5trn roubles in funding was earmarked for projects in industries like gas, timber processing and shipbuilding.
