UrBC, Yekaterinburg, June 20, 2017. The Mid-Urals Development Corporation signed a cooperation agreement with Harbin’s Public Property Committee, Governor of Sverdlovsk Region’s Information Policy Department reports.

The solemn agreement-signing ceremony was attended by Deputy Governor of Sverdlovsk Region Alexei Orlov and Mayor of Harbin Song Xibin; the paper was signed by the corporation’s Director-General Sergey Kisselev and head of the Harbin property committee.

‘The two parties agreed to share their expertise relating to the current investment climate and to support businesses in their localization attempts both in China and Sverdlovsk Region (this includes legal advice and help with obtaining tax reliefs and subsidies). The parties will also coordinate a number of events to encourage businesses to invest in new projects,’ the department says.

An ad hoc work team to represent the two countries’ investment projects, provide information support, and plan events jointly was also covered for in the agreement.