Peng Liyuan held tea with the First Lady of the Republic of Korea

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Jan. 5 (Xinhua) — Peng Liyuan, wife of Chinese President Xi Jinping, held tea and a conversation with Kim Hye-kyung, wife of South Korean President Lee Jae-myung, in Beijing on Monday.

Peng Liyuan greeted Kim Hye-kyung, who is accompanying President Lee Jae-myung on his first state visit to China at the start of the New Year.

Noting that the key to interstate relations lies in close ties between peoples, Peng Liyuan expressed hope that the peoples of China and the ROK, as close neighbors, will deepen mutual understanding through regular exchanges.

Peng Liyuan highly praised Kim Hye-kyung's commitment to public welfare and her significant contribution to promoting the protection of the rights and interests of women and children, and expressed hope that the two sides would exchange useful experiences.

Kim Hye-kyung, for her part, thanked Peng Liyuan for the warm welcome and thoughtful organization of the meeting. She expressed deep admiration for Peng Liyuan's many years of contribution to advancing the rights and interests of women and children, and expressed her readiness to actively promote exchanges between the peoples of the Republic of Korea and China to strengthen the friendship between the two countries.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Exclusive: China ranks first among foreign investment countries in the Far East in terms of investment volume, according to the Russian Minister for the Development of the Far East and Arctic.

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Source: People's Republic of China – State Council News

Vladivostok, January 5 (Xinhua) — China ranks first among foreign investors in terms of investment in projects implemented using preferential regimes in the Russian Far East. Russian Minister for the Development of the Far East and Arctic Alexey Chekunkov recently stated this in an interview with Xinhua.

Speaking about the advantages of the Russian Far East for Chinese investors compared to other parts of the country, A. Chekunkov outlined the fundamental factors. "The main advantage is the unique geographic proximity, as well as the comprehensive partnership and strategic interaction between our countries, aimed, among other things, at implementing projects in the agro-industrial complex, advanced resource processing, transportation, and logistics," he explained.

The head of the Ministry for the Development of the Russian Far East pointed out that the Far East also has a unique system of preferential regimes, unprecedented tax and administrative benefits, support through the Far East and Arctic Development Corporation, and reliable legal guarantees. These include, in particular, a 15-year stabilization clause provided for in the international advanced development territories (IATA).

Speaking about the success of attracting foreign investment in the region, A. Chekunkov clarified that, using the mechanisms of priority development areas (PDAs), the Free Port of Vladivostok, and the Russian Arctic Zone, more than 100 projects with foreign capital are being implemented in the Far East, attracting 1.2 trillion rubles (approximately $15.3 billion) in investment. Actual investment totaled 854 billion rubles. Thirty-six projects have been commissioned, with the primary sectors receiving foreign capital being petrochemicals, mining, agriculture, logistics, and construction.

According to the minister, one of the largest projects is the construction of the Amur Gas Chemical Complex. The first line of one of the anchor residents of the Amurskaya Priority Development Area is scheduled to launch in August 2026, with full capacity expected in January 2028. The Chinese company Legendagro Primorye is also successfully developing agricultural projects. Legendagro Logistics, a resident of the Free Port of Vladivostok, operates a logistics business, including road and rail transportation and stevedoring operations in the ports of Primorsky Krai. Total investment in this group of companies' projects has exceeded 4 billion rubles.

Speaking about the future development of the Far East, A. Chekunkov noted that, at the direction of Russian President Vladimir Putin, a unified preferential regime is being created in the Far East and the Arctic. It will consolidate all existing support mechanisms, allowing investors to implement projects under uniform rules and further simplifying government-business interactions. The unified preferential regime is planned to be introduced in 2027.

Regarding potential cooperation between Russia and China in the use of drones and intelligent technologies in the Far East and the Arctic, the Xinhua source indicated that the Russian side is open to mutually beneficial cooperation with Chinese and other partners in high-tech production. The possibility of implementing projects for the production of machinery and equipment for the mining industry and agriculture using the MTOR mechanism is currently being considered.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

The EBRD will provide up to €25 million for the development of renewable energy and logistics in Kazakhstan.

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Source: People's Republic of China – State Council News

Almaty, January 5 (Xinhua) — The European Bank for Reconstruction and Development (EBRD) will provide a loan of up to 25 million euros (in tenge equivalent) to Sarens Kazakhstan to develop industrial infrastructure in the renewable energy and logistics sectors in Kazakhstan and Central Asia, the EBRD press service reported on Monday.

The company specializes in leasing lifting equipment and handling heavy cargo. The funds will reportedly be used to purchase heavy-duty cranes, a fleet of trailers, and other specialized equipment.

Equipment purchased with the EBRD loan is expected to help increase installed wind power capacity by at least 11.75 GW. This will contribute to the Kazakh government's plan to increase the share of renewable energy in the country's total electricity generation to 15% by 2030.

Since the start of its operations, the EBRD has invested almost €10.3 billion in Kazakhstan through 342 projects, with the majority of funds directed towards supporting private entrepreneurship.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Exclusive: MTOR offers international investors a wide range of preferences – Russian Minister for the Development of the Far East and Arctic

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Source: People's Republic of China – State Council News

Vladivostok, January 5 (Xinhua) — Russia welcomes the active use of the new preferential regime for international priority development areas (ITORs) by international partners, including Chinese investors. Russian Minister for the Development of the Far East and Arctic Alexey Chekunkov stated this in an interview with Xinhua recently.

A. Chekunkov noted that the new preferential regime, which came into effect on January 1, 2026, was created for the implementation of high-tech projects with the participation of foreign investors and offers a wide range of preferences.

"Investors have been granted a 10-year zero-fee federal income tax benefit, exceeding the similar benefit provided to residents of priority development areas," explained the head of the Ministry for the Development of the Russian Far East. "This broad range of benefits includes a 7.6 percent reduction in insurance premiums for 10 years, access to land and infrastructure, a free customs zone, and the ability to attract foreign labor without quotas."

According to the minister, one of the key advantages of the MTOR is the fixation of tax and regulatory conditions for the entire project duration—up to 15 years. Furthermore, the protection of residents' commercial information is ensured by maintaining a closed registry of residents and restricting their data in the Unified State Register of Legal Entities.

A. Chekunkov emphasized that the MTOR regime is designed for serious strategic investors, with the minimum capital investment threshold set at 500 million rubles (approximately $6.4 million). The project must focus on the production of high-value-added products or services, or the execution of work from a special list approved by the Russian government.

"One of the pilot projects using the MTOR mechanism is planned for implementation in Primorsky Krai. A Russian-Chinese agro-industrial park will be created there," the minister said.

He recalled that the project is envisaged by a memorandum of cooperation in agriculture in the Russian Far East. This document was signed by the Ministry for the Development of the Russian Far East and the Ministry of Agriculture and Rural Affairs of the People's Republic of China in September 2025 during Russian President Vladimir Putin's visit to China.

According to A. Chekunkov, the future park is conceived as a large multifunctional cluster. "The agro-industrial park project envisions the creation of a multifunctional cluster on the MTOR site, including grain terminals, advanced processing plants for agricultural raw materials, agricultural machinery manufacturing, and dairy and confectionery production facilities," explained the head of the Ministry for the Development of the Russian Far East.

In addition to Primorsky Krai, sites in Amur Oblast, Transbaikal and Khabarovsk Krais, and the Jewish Autonomous Oblast are being considered for the implementation of investment projects in the MTOR, he added. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

The Swiss Federal Council has frozen Maduro's assets.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

Geneva, Jan. 5 (Xinhua) — Switzerland's Federal Council announced in a statement on Monday that it has frozen all assets of Venezuelan President Nicolas Maduro located in Switzerland.

The statement noted that, based on the relevant federal law, the Federal Council decided to freeze all assets held in Switzerland by N. Maduro and other individuals associated with him. The agency emphasized that this measure does not affect any members of the current Venezuelan government.

The freeze takes effect immediately and will remain in place for four years until further notice.

As stated in the statement, Switzerland is closely monitoring developments around Venezuela and calls for de-escalation, restraint and full compliance with international law. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Xi Jinping: China and the Republic of Korea should jointly uphold the fruits of victory in World War II

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Source: People's Republic of China – State Council News

BEIJING, Jan. 5 (Xinhua) — China and the Republic of Korea should join hands to uphold the victory of World War II and safeguard peace and stability in Northeast Asia, Chinese President Xi Jinping said Monday.

More than 80 years ago, both countries made enormous national sacrifices and defeated Japanese militarism, Xi Jinping said during talks with South Korean President Lee Jae-myung in Beijing.

China and the Republic of Korea bear important responsibilities in maintaining regional peace and promoting global development, and share a wide range of common interests, Xi said, noting that both countries should firmly stand on the right side of history and make correct strategic choices. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

China and the Republic of Korea should seek new cooperation results in emerging areas, Xi Jinping said.

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Source: People's Republic of China – State Council News

Beijing, January 5 (Xinhua) — China and the Republic of Korea (ROK) maintain close economic ties, with their industrial and supply chains deeply intertwined and bilateral cooperation mutually beneficial, Chinese President Xi Jinping said on Monday.

During talks with South Korean President Li Zhe-meng in Beijing, the Chinese leader indicated that both sides should strengthen strategic alignment, enhance policy coordination, expand their shared interests, and achieve new cooperation results in emerging areas such as artificial intelligence, green industries, and the "silver economy" (economic activity related to the needs and interests of older citizens).

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Xi Jinping and the President of the Republic of Korea witnessed the signing of 15 cooperation documents

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Source: People's Republic of China – State Council News

BEIJING, Jan. 5 (Xinhua) — Chinese President Xi Jinping and South Korean President Lee Jae-myung concluded their talks on Monday and witnessed the signing of 15 cooperation documents in areas including scientific and technological innovation, environmental protection, transportation, and trade and economic cooperation.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

The TIR collection and distribution center in Kashgar processed 900 trucks in 2025.

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Source: People's Republic of China – State Council News

BEIJING, Jan. 5 (Xinhua) — The TIR (Transport International Road Transport) collection and distribution center (CDC) in Kashgar, northwest China's Xinjiang Uygur Autonomous Region, received more than 500 trucks and dispatched nearly 400 trucks by the end of 2025.

For the second year in a row, this center has ranked first among all similar logistics hubs across the country in terms of the volume of trucks processed, local authorities noted.

TIR is an international system that simplifies the transportation of goods between countries. Under this system, cargo is sealed at the starting point of the route and inspected only upon arrival at its destination. At intermediate border crossings, checkpoint officers merely verify the TIR carnet data and the customs stamp for the vehicle.

Established in April 2024, the SRC in Kashgar offers clients worldwide international multimodal transportation between China and the countries of Central Asia and Europe, as well as intermodal rail-road transportation along the China-Kyrgyzstan-Uzbekistan transport corridor. The center also provides cargo collection and customs clearance services.

According to Yang Penggang, deputy director general of the SRC in Kashgar, the trucks processed at the center last year primarily transported goods such as regenerated cellulose, chemical products, agricultural and by-products, as well as complete equipment and small household appliances.

Currently, the SRC in Kashgar serves 10 international freight routes, connecting to 17 countries and regions, including Uzbekistan, Kyrgyzstan, Tajikistan, Pakistan, and Afghanistan. The center is also connected to 10 domestic hub cities, including Xi'an, Chengdu, and Chongqing, forming a transportation network linking main lines with branch lines.

According to the SRC in Kashgar, transporting goods through the TIR system reduces logistics costs for foreign trade companies by more than 15 percent. Furthermore, customs clearance times for goods transported from Kashgar to Kyrgyzstan, Uzbekistan, the Middle East, and Europe can be reduced by 30 percent.

By reducing cross-border logistics times and international trade costs, the SRC in Kashgar boosted the city's foreign trade last year. According to available data, in the first 11 months of 2025, Kashgar's import and export volume amounted to 17.182 billion yuan (approximately $2.45 billion), a 7.31 percent increase from the previous year. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

In 2025, 1.496 million new cars will be sold in Russia, according to the Ministry of Industry and Trade.

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Source: People's Republic of China – State Council News

Moscow, January 5 (Xinhua) — Sales of new passenger cars and light commercial vehicles, as well as trucks and buses, in Russia by the end of 2025 totaled 1.496 million units, down 19 percent from the previous year, TASS reported, citing the Russian Ministry of Industry and Trade.

According to data, sales of new domestically produced cars in Russia increased by 0.2 percent to 831,250 units. Sales of imported cars decreased by 34 percent compared to 2024 levels, to 664,500 units.

The passenger car market in 2025 amounted to 1.317 million units, down 15 percent, LCVs – 107.1 thousand units (down 24 percent), trucks – 57.6 thousand units (down 53 percent), and buses – 14.3 thousand units (down 31 percent).

In 2025, 13.5 thousand new electric vehicles were sold in the country, which is 30 percent less than the 2024 level. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.