EFEF-2025 – Session “Industrial Investment”: Deepening Industrial Synergy and Discussing New Opportunities for Investment Cooperation in Eurasia
Source: Xinhua
The Eurasian Financial and Economic Forum 2025 was held in Shanghai from April 17 to April 18, 2025. The topic of the forum was “Financial Activation, Technological Progress, Sectoral Cooperation and Building Cultural Ties. Creating a New Ecosystem of High-Quality Cooperation between Europe and Asia”. The event brought together representatives of organizations, experts, scientists and business leaders from Eurasian countries to discuss key issues of cooperation.
The Industrial Investment Session was held at the Shanghai Innovation Bay Science and Innovation Centre in Jinshan District. It focused on four main areas: synergistic development of new industries, deep supply chain integration, innovative solutions for the facilitation of investment, and new models of regional interaction. The participants held in-depth discussions on strategic aspects of China-Eurasia investment cooperation having delivered keynote speeches and project presentations.
Anton Vasiliev, FBA EAC member, noted in his speech that Russia plays a unique role in the “One Belt, One Road” initiative, being a key node of the “China-Central Asia-Russia-Europe” economic corridor. He emphasized that Russia actively promotes industrial transformation and economic integration in Eurasia. His report paid special attention to the comparison and complementarity of the PPP (public-private partnership) models of Russia and China. According to him, PPP mechanisms as an important basis for Eurasian cooperation, through innovative investment and financing mechanisms as well as diverse ways of interaction, promote infrastructure development, industrial modernization and humanitarian exchanges in the region, strengthening the sustainability of the region's economic development.
Li Chengyun, leading expert from Huateng industrial company in China (China Volant Industry Co., Ltd.), said that compared with the Russian market, the Chinese auto industry has advantages in repair service, including an advanced spare parts supply system, the ability to customize services, as well as significant price and technological advantages. He proposed the development concept of “One Idea, One Platform, One Pillar, One Tool”:
- To create a modern analogue of the “156 production facilities” project in the XXI century – to promote industrial and economic cooperation between China and Russia, relying on the existing service potential of the Chinese auto industry.
- To utilize the FBA EAC platform to ensure effective interaction between advanced Chinese technologies in the auto industry and the promising Russian market.
- To deepen cooperation in the auto industry, relying on the potential of the EACIP (Euro-Asian Centre of Innovative Productions) at the Shanghai Innovation Bay Science and Innovation Park.
- To focus on auto after-sales services to improve the level of service in Russia and promote the economic development in Eurasia.
Zhang Shiqiao, Head of the Foreign Investment Promotion Department of Chongqing Lianlu Guoyuan Port Comprehensive Bonded Zone, said that due to its unique location, the zone participates in both the RCEP (Regional Comprehensive Economic Partnership) and the “One Belt, One Road” initiative, having competitive advantages in terms of both cost and market volume. In the future, it is planned to focus on four key areas in the development of cooperation with Eurasian partners: smart manufacturing, cross-border e-commerce, research and development activity and control within the bonded zone, as well as “green” industry. This will contribute to deepening cooperation with partners from the region and jointly building more sustainable regional supply chains.
Cooperation is the key to industrial prosperity, and mutually beneficial partnership is the key to sustainable development. At the current stage, China and Eurasian countries have made significant progress in industrial investment, and the prospects remain broad. The Forum not only identified key areas of cooperation, but also laid a solid foundation for future interaction, which will promote the high-quality development of regional industry and creation of a mutually beneficial economic ecosystem.