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The volume of the Russian-Chinese investment fund will be increased to a billion dollars
The total investment volume of the Russia-China Investment Fund, created last year by the Russian Direct Investment Fund and the China Investment Corporation, will soon reach $ 1 billion, RDIF CEO Kirill Dmitriev said on the RDIF website.
The head of the Russian foundation will take part in the working visit of Russian President Vladimir Putin to China, which will be held on May 20 in Shanghai. During the visit, it is planned to sign a number of agreements with Chinese partners and announce a number of new investments by the Russian-Chinese Investment Fund (RCFR) in such sectors as tourism, logistics, infrastructure, and the extraction of natural resources.
In the framework of the visit to China, the RDIF organizes two meetings for the business community of Russia with leading Chinese institutional and strategic investors, which will be held in Shanghai and Hong Kong.
19 in May, members of the RDIF delegation will visit Hong Kong, where the RDIF round table will be held with the participation of China's largest investment funds.
20 May there will be a business breakfast for 50 general directors of leading Russian and Chinese companies to discuss the approach to joint investment.