Chinese company is interested in Bashkiria machinery manufacturing

Chinese company “Chifan” is interested in the development of Bashkiria machinery manufacturing, as company representatives said at the business meeting in Bashkortostan Investment Promotion Agency on 31 August.

Chinese company is interested in Bashkiria machinery manufacturing

Chinese company “Chifan” is interested in the development of Bashkiria machinery manufacturing, as company representatives said at the business meeting in Bashkortostan Investment Promotion Agency on 31 August.

The business meeting was hold after the round table meeting of regional leaders PFD and upper, the middle reaches of the Yangtze River of China. China was represented by Wang Lun, the president of Jiangxi Association for Friendship with Foreign Countries, executive vice-president of Jiangxi-Sichuan Board of Trade, president of the Sichuan University Graduates Association and director of Chifan.

Chinese investors, aside from machinery, are ready to invest in mining and agricultural equipment manufacturing. The foreign delegation will stay in Bashkortostan until the 4^th of September.

Chifan is owned by big Chinese corporation “Wang Chi”, specialized in high technology, biopharmaceutics, foodstuff production, commercial, industrial and residential real estate construction, city infrastructure development, culture and tourism. Wang Chi consists of more than 20 enterprises, including Taiyuan Research Institute, which over 50 years of its existence has succeeded in coal mining equipment production.