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Chinese companies interested in operation created in Russia’s special economic zones (SEZs), told the press service RosOEZ of the meeting in the office with representatives of the PRC.
Â«The Chinese delegation plans to visit in late July for technology innovation zone in Dubna podmoskovnoy and meet with the already operating there by foreign companies residentÂ», – said the representative of the press service.
In addition, she said, the Chinese side has asked to state the position RosOEZ to attract Chinese companies in the industrial SEZ – to Russia in two: in the areas of Lipetsk and Elabuge (Tatarstan).
These issues will be discussed July 29-30 in Moscow at a meeting of the ad hoc working group under the Sino-Russian subcommittee on trade and economic cooperation, specified in RosOEZ.
Currently RosOEZ already tightly cooperating with Singapore, which has an organizational and methodological assistance in the establishment of Russian special economic zones. China also has extensive experience in this matter – in the country are about 60 of Technology.
In Russia, technology innovation zones in addition to Dubna created in Zelenograd, St. Petersburg and Tomsk. Total RosOEZ recorded more than 70 residents in those areas. Workers in EPZs companies enjoy tax and customs privileges
Read other – china business stories.
Leading European stock markets on Friday, October 24, opened a serious decline in the wake of Asia and led by shares of automobile companies.
Asian stock indexes sharply collapsed to 10% on negative corporate news from several leading companies. The major portion of the negative message has the second largest in the world automakers Toyota Motor Corp to lower sales volume in the III quarter of 2008 to 6.4% for the first time in seven years. European car manufacturers also failed to please investors: the second largest European automobile manufacturer PSA Peugeot Citroen and truck manufacturer Volvo reduced annual profit forecasts because of falling profits in the III quarter. Against this backdrop, desheveyut shares: PSA Peugeot Citroen (-12%), Volvo AB (-19%), Bayerische Motoren Werke AG (-6,13%), Daimler AG (-6,87%), Volkswagen AG (-7 , 64%).
Negative momentum as stock quotes show the banking sector followed by Morgan Stanley analysts lowering the annual price forecast Securities British bank HSBC. Against this backdrop, declining stocks HSBC (-9,44%), HBOS PLC (-9,62%), Royal Bank of Scotland Group PLC (-5,22%), Barclays PLC (-8,5%), Deutsche Bank AG (-3,64), Commerzbank AG (-3,78%).
At 9.4% collapsed shares of Europe’s largest airline Air France-KLM Group stating that it will be very difficult to achieve the target revenue for the year to 1 billion euros.
Also desheveyut shares two largest mining companies BHP Billiton Ltd (-2,31%) and Rio Tinto Group (-3,97%) against a backdrop of declining prices for non-ferrous metals.
By 12:51 Moscow time the British FTSE 100 index falling by 5.93% to 3845.46 point, the French CAC 40 – at 6.79% to 3086.17 point, the German DAX – at 7.29% to 4190.29 item pan DJ EURO STOXX 50 – at 6.98% to 2280.85 points.
Google is going to expand their services in mobile devices around the world. This news issued by John Hanke, manager of product management of Google, during a conference which held last Wednesday in New Work.The manager said that Google is trying to expand it in beggining of the 2007, to put advertisement on consumers mobiles phones.
As Hanke told, wireless owners and advertisers can unleash a stream of money if they adapt their products development aroung cunsumers mobiles. He also issued the fact that’s ads markets is worth 100 billion dollars.Most of it is going to influence on mobiles phones.