Russia and China to set up Tomsk Innovation Centre

Tomsk Innovation Centre: Russia and China have agreed to establish a centre of innovative cooperation in the Siberian region of Tomsk, the Russian Ministry of Economic Development announced in a statement released on Monday. “With the support of the Russian Trade Mission in China, a four-way agreement was signed between the Corporation of Development of the Tomsk Region, the Innovative Pharmacological Research (IPHAR), the  China International Technology Transfer Center and the Huafu Medical Technology Group,” it read. The initiative was worked out at an international congress  held in Jiangsu earlier this month.
China has also announced that it is to set up a special economic zone dedicated to developing business ties with Russia in Harbin, capital of Heilongjiang province on the Russian border.

Source: sputniknews