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Sistema wants to become a conduit for Chinese investments in Russia
AFK Sistema OJSC wants to become a conduit for Chinese investments in Russia, said the company's president Mikhail Shamolin in an interview with Xinhua News Agency.
M. Shamolin arrived in China to participate in the first meeting of the Chinese-Russian intergovernmental commission on investment cooperation held the day before. “We expect that during this visit we will be able to establish contacts, establish contacts and outline a plan for further actions. We would like to come with our investments in China, invest in Chinese companies. We also want to attract Chinese investments in Sistema JSFC projects. , - said Shamolin, who met during the visit with a number of state and private Chinese funds.
"We are considering the possibility of setting up our representative office in Beijing. This will help us better understand the Chinese market, figure out what investments we could make here. The Chinese market is very large, and we could participate in it," said the head of AFK Sistema. In particular, the sectors of high technologies, manufacturing, medicine and pharmaceuticals were named among the potential areas.