The Russian-Chinese center for advanced technologies meant to implement a series of promising innovative projects will be created on the territory of the Skolkovo Technopark near Moscow.

The ceremony of signing a bilateral memorandum on cooperation was held on Friday in the Russian Embassy in China. The document was inked by the representatives of the Skolkovo Foundation and China’s Tus-Holdings, which is supported by the Zhongguancun technology hub.

Under the agreement, Russia will provide Chinese high-tech enterprises with infrastructure, ensuring their cooperation with Russian scientific and research institutions.

"This project will allow creating a multi-specialized channel for the development by numerous new high-tech Russian companies of the Chinese market together with Chinese partners," the Skolkovo Foundation said in a statement.

Source:
http://tass.com/economy/979809