Russian, Chinese work in Siberia to benefit both countries, CEO says

Cooperation between China and Russia in eastern Siberia and the Far East will benefit both sides, the largest private investor in east Siberia said.

The gradual eastward shift of the global economic center provides a unique chance for the development of eastern Siberia and the Far East, said Artem Volynets, CEO of the En+ Group, a Russia-based diversified mining, metals and energy group.

"With Russian plans to launch a new development regime and welcome foreign high-skilled professionals, investments will be attracted to eastern Siberia and the Far East to develop infrastructure and build production facilities that manufacture products with high added value," Volynets told China Daily.