Russia rolls out the red carpet for China firms

Economic zones in inland regions to boost infrastructure links between nations

China and Russia will upgrade border area business and economic zone cooperation under the mechanism of the China-Russia Prime Minister Regular Meeting Committee to boost trade and investment activities as their economies post slower growth, said a senior Russian official.

Alexander Tsybulskiy, Russia's deputy minister of economic development, said on Tuesday Russia is planning to establish 14 economic development zones and diversify the functions of Zarubino Port in its Far East region.