Guo Xiaowei, general manager of Xingtai Lanli Import and Export Trading Co., Ltd., said in an interview with the Russian Satellite News Agency at the St. Petersburg International Economic Forum that the company intends to set up paper mills in Tatarstan, Penza, Krasnodar, Altai and other Russian regions.
He said: "The company has sent rapeseed oil worth nearly 500 million rubles to China in the past two months, and the future trade volume is expected to reach 200 million rubles. If the Tula project is successful, we will connect with other agricultural states in the future. For example, in the wheat producing areas of Tatarstan, Penza, Krasnodar and Altai, build more paper mills using wheat straw as raw materials to generate value and bring more social income to the local area.”
He added: "Our company has decided to partner with Russia as the main target, and the company's investment plan only involves Russia. Therefore, our current trade project has added a papermaking project, as well as other states in the future. some projects."
Nikolai Vavilov, executive director of the International Joint Initiative Center (ICJI) of the Russian Convention and Exhibition Foundation, told Sputnik earlier that more than 40 Chinese companies participated in the St. Petersburg International Economic Forum.