According to chairman Cai Guiru, China's new development concept emphasizes the creation of a new Silk Road facilitating trade between Europe and Asia.
"At the moment, $40 billion has been allocated for the Silk Road fund and development of capital projects. The first tranche of 10 billion is already on the fund's account," she said at a meeting with the Russian Federal Migration Service's chief.
She expressed hope that Russian companies would show their willingness to join the project.
The Silk Road project linking China with Europe was introduced by Chinese President Xi Jinping in 2013.
With the project, Beijing seeks to improve political ties, create a traffic network between the Pacific Ocean and the Baltic Sea, shorten the barriers to trade and investment, and broaden settlements in national currencies.
