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Shaanxi turns to Russia

CHINA's coal rich Shaanxi province is seeking to increase its ties with Russia amid its aim to bo...

Lauren Barrett

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Provincial governor Zhao Zhengyong announced the desire to enhance ties with the energy-hungry country at the fifth session of the 11th National People's Congress on Wednesday, reported the China Daily.

Shaanxi reportedly invested $300 million in overseas investments during 2011.

The province plays host to a number of state-owned energy and coal companies.

Provincial Federation of Industry chairman Feng Junping said Shaanxi already had strong connections with Russia and Commonwealth of Independent States.

“There are more than 100,000 people from Shaanxi living in Kazakhstan, Kyrgyzstan and Uzbekistan,” Feng was quoted as saying.

To increase overseas investments, Shaanxi has established an investment company in charge of pursuing foreign cooperation and takeovers.

Meanwhile, Zhengyong said he hoped to conduct talks with Russian President Vladimir Putin, who had visited the province numerous times in the past.

“If President Putin would visit Shaanxi again, I would try to enhance ties between China's western provinces and Russian states,” he said.

The news service said Shaanxi had built a tariff-free zone in the province’s capital Xi'an to boost foreign trade and investment.

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