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Qingdao mayor views investment cooperation with Belarus as important

13 September 2018

MINSK – China's Qingdao considers investment, logistics and mechanical engineering as the most important sectors for cooperation, Qingdao Mayor Meng Fanli said at a business forum of the pilot area for China-SCO regional trade and economic cooperation in Minsk on 12 September, BelTA has learned.

The delegation from Qingdao, which is currently in Belarus on a visit, aims to establish a closer partnership with Belarusian counterparts. A new impetus to the development of ties with Belarus was given by the SCO summit held in Qingdao in summer 2018. Taking part in the summit were Belarus President Alexander Lukashenko and China President Xi Jinping.

“The spirit of the SCO summit opens new opportunities for China-Belarus regional cooperation,” the Qingdao mayor said. According to him, the city is interested in Belarusian goods.

Belarus Deputy Economy Minister Dmitry Matusevich said: “Belarus is confident in good prospects for joint participation in the Belt and Road project. Joint Belarus-Qingdao projects will be a new stage in the implementation of the initiative.”

According to SZAO Industrial Park Development Company CEO Hu Zheng, the delegation from Qingdao plans to visit the Great Stone Industrial Park. He talked about the development of the project and huge opportunities it provides for its residents. At present, the park has 37 resident-companies, including 21 from China, nine from Belarus and seven from other countries.

BelTA

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Ministry of Foreign Affairs of the Republic of Belarus