Business news

MINSK, 4 June (BelTA) – A Belarusian-Chinese center for transforming R&D accomplishments will be built in Belarus, the press service of the Belarusian Economy Ministry told BelTA.

A Belarusian-Chinese agreement was signed on 4 June to build the R&D transformation center in the China-Belarus industrial park Great Stone. The agreement provides for getting ¥168.95 million as gratuitous aid for building the center.

The agreement was signed by Belarusian Economy Minister Vladimir Zinovsky and Ambassador of China to Belarus Cui Qiming.

The project to build the Belarusian-Chinese center for transforming R&D accomplishments is now listed as a top-priority project in the China-Belarus industrial park Great Stone in line with the relevant urban development planning documents and the memorandum the Belarusian Economy Ministry and the Chinese Commerce Ministry signed on 29 September 2016 to regulate cooperation in developing the industrial park via technical economic aid.