In January-October 2010 Belarus’ merchandise export to China increased by over 160% in comparison with the same period of last year to $381.7 million, representatives of the National Statistics Committee told BelTA.

The Government of Belarus represented by the Finance Ministry will hold talks with China Exim Bank on buyer loans on preferential terms to construct combined cycle gas turbines with the capacity of 400 MW (400 MW CCGT units) at the Lukoml and Beryoza state district power plants. These projects are stipulated in Council of Ministers’ Resolution No. 1871 of 22 December 2010, BelTA has learnt.

Belarus would like to join the project of Russia, Kazakhstan and China to build the transcontinental corridor Western Europe - Western China, BelTA learnt from the press service of the Ministry o Transport and Communications.

Belarusian enterprises will be awarded preferences for business development in the Belarus-China technology park in the Chinese city of Changchun, Jilin province, BelTA learned from Marina Tsives, head of the Belarusian Center for Scientific and Technical Cooperation with Chinese Regions of the technology park Polytechnic of the Belarusian National Technical University.

There are great prospects for the cooperation between Belarus and China, President of Belarus Alexander Lukashenko told a press conference for Belarusian and foreign media on 20 December.

Belarus is negotiating with the Chinese CATIC Supply the establishment of a joint venture to develop AC/AC systems for the automotive industry, BelTA learnt from Yury Lukashevich, spokesman for the State Committee for Science and Technology (SCST).

The Chinese company Ili Yun Chen plans to buy 100 tractor assembly sets by the end of the year to assemble MTZ-designed tractors Belarus, representatives of Minsk Tractor Works (MTZ trademark) told BelTA.

Bank of China may become a shareholder of Belinvestbank. The statement was voiced by Mr. Petr Prokopovich, Chairman of the National Bank of the Republic of Belarus as he met reporters on the 6th of December.

The National Bank of the Republic of Belarus (NBRB) has received CNY6 billion from the People’s Bank of China. The sum is an equivalent of $900 million, BelTA learned from the Information Department of the National Bank of the Republic of Belarus.

An industrial park to develop Chinese high-tech manufactures can be set up in Gomel Oblast. The region’s authorities have been authorized to choose a site for its construction, Prime Minister of Belarus Sergei Sidorsky said in the meeting of the oblast delegates for the Fourth All-Belarus People’s Congress on 23 November.

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