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Business news

2 Mar 2017

China shows interest in teaming up with Belarus to produce farm machinery, confectionery

GOMEL, 2 March (BelTA) – Harbin Deputy Agriculture Mayor Zhang Wanping, the head of the official delegation of the People’s Republic of China to Belarus, expressed interest in setting up joint companies with Belarus to produce farm machinery and confectionery during a meeting with the Gomel authorities, BelTA has learned.

“Belarus is our strategic partner in different fields. We are stepping up our cooperation in electronics, food industry, medical production, chemical processing and other areas. There is a joint company with Gomselmash in Harbin,” said Zhang Wanping.

Chinese partners noted that China has recently found new opportunities to develop the agro-industrial complex. “We are interested in implementing joint projects to produce farming machinery for harvesting wheat, rice and potato. We are ready to assist in the search for reliable partners, investors and continue cooperation with Gomselmash. We are also interested in cooperation with Belarus’ Spartak which produces confectionery that meets the requirements of Chinese consumers,” noted Zhang Wanping.

Gomselmash’s joint company has been working to set up joint ventures in Chinese provinces, and looking into the possibility of setting up a joint venture with China’s Zoomlion at Gomselmash Holding Company. Spartak confectionery products have been certified for the Chinese market and can be sold in eight Chinese provinces today.

Gomel has been developing interregional cooperation with Harbin as part of the international documents signed between the two parties. The international documents include the agreement on friendship and cooperation, the twinning agreement, and the cooperation plan of action for 2015-2018.

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