China to import Russian high tech
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China will import 156 high-tech materials and items of equipment
from Russia, under an agreement signed by the two sides in
January 2008.
The items include 63 energy-saving technologies, such as
super-conductive materials, and 53 medical and bio-engineering
technologies, such as diagnosing equipment.
The cooperation also covers 17 new materials technologies,
such as reinforced plastic, and 23 environment protection
and agricultural technologies, such as waste-water treatment
equipment.
The projects, signed in a China-Russia trade forum, would
improve the trade balance between the two countries, said
president of the Chinese People's Association For Friendship
With Foreign Countries Chen Haosu without giving further details.
Trade between China and Russia jumped by 44 percent year
on year to 48 billion U.S. dollars in 2007 while China's surplus
hit seven billion to eight billion dollars.
The two sides expect their trade to reach 60 billion to 80
billion dollars by 2010.
Source: Xinhua
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