Russian-Chinese food factory to be launched in December

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MOSCOW, November 27 (RIA Novosti) - The first part of a Russian-Chinese vegetable processing plant is to be opened in northwest Russia's Veliky Novgorod Region in December, local authorities said on Thursday.

The project, whose cost is estimated at $20 million, is jointly run by China's Guangxi agro-industrial complex and Russia's Velikaya Gora logistics center.

In the first half of 2008, trade between the Veliky Novgorod Region and China reached $171.7 million, amounting to 18.5% of the region's foreign trade.

"Relations with China are developing dynamically, and we expect our economic ties to become more intensive," Governor Alexander Gabitov told RIA Novosti

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