China hosts its largest-ever exhibition in a foreign land this week with nearly 200 large companies showcasing state-of-art products in the Russian capital to add economic substance to burgeoning political relations.
The exhibition is part of the "Year of China" in Russia, which features 200 cultural, tourism and business events.
President Hu Jintao, who arrives in Moscow for a three-day state visit today, will attend the opening ceremony of "Year of China" the same day and the national exhibition tomorrow. He will oversee the signing of up to $4 billion in deals during the visit.
People walk past an advertising board for China National Exhibition in Moscow yesterday. Occupying 20,000 square meters of floor space, it will the biggest ever national exhibition sponsored by China in a foreign country.
The items on show at the exhibition cover almost all aspects of China's economic achievements in the past decades, ranging from aerospace technology to traditional products such as tea and silk.
The exhibition is a concrete step toward achieving the goal set by Hu and his Russian counterpart Vladimir Putin for bilateral trade to reach $60-80 billion by 2010, according to Vice-Commerce Minister Yu Guangzhou. Bilateral trade volume reached $33.4 billion last year, up 14.7 percent over the previous year.
"We are quite optimistic about the Russian market and plan to put it high on the agenda of our overseas development strategy," said Zhu Hongying, a manager with Aigo, a brand affiliated to IT giant Beijing Huaqi Information Digital Technology Co Ltd.
The company has set up a pavilion in the exhibition to display its products like MP4 players, digital cameras and digital data storage devices.
Based on its sales network and competitive prices, Zhu said the company
forecast a sales increase of up to 20 percent in the Russian market.
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