Russia & China to Establish Innovation Center in Siberia

Russia and China will establish a center of innovative cooperation, and the center is most likely to be built in Tomsk, a university town in Siberia.

This is reported by Sputnik News, citing the Russian Ministry of Economic Development.

– With the support of the Russian Trade Mission in China, a quadripartite agreement was signed between Corporation of Development of the Tomsk Region, Innovative Pharmacological Research (IPHAR), China International Technology Transfer Center and Huafu Medical Technology Group during Tomsk-Jiangsu congress on establishment of Russian-Chinese Center of Innovative Cooperation, the statement from the ministry said, according to the report.

Russia and China agreed to increase cooperation in research and development during the Russian Prime Ministrer Dmitry Medvedev’s visit to Beijing in early December.

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