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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

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.

Translation. Region: Russian Federation –

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

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.

Translation. Region: Russian Federation –

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–

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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) — 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-

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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, 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).

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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.

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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.

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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

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–

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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) — Chinese Vice Premier He Lifeng stressed Monday that China and the Republic of Korea should strengthen economic ties and open up new horizons for mutually beneficial cooperation.

He Lifeng, also a member of the Politburo of the CPC Central Committee, made this statement during his joint participation with South Korean President Li Zhe-meng in the China-South Korea Business Forum.

He Lifeng emphasized that, under the strategic guidance of the important agreements reached between the two heads of state, China and the Republic of Korea should actively promote the improvement and modernization of trade and economic cooperation, continually opening up new horizons for mutually beneficial cooperation. China will steadily expand high-level opening-up and welcome enterprises from all countries, including the Republic of Korea, to invest and do business in China and share China's development opportunities.

Li Zhe-myung, in turn, noted that cooperation between the Republic of Korea and China has deepened in many areas in recent years. The Republic of Korea is ready to strengthen mutually beneficial cooperation with China, bringing greater benefits to the peoples of both countries, Li Zhe-myung said.

The forum was jointly organized by the China Council for the Promotion of International Trade (CCPIT) and the Korea Chamber of Commerce and Industry (KCCI). It was attended by approximately 400 government and business representatives from both countries.

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

Beijing, January 5 (Xinhua) — On New Year's Day 2026, the first trains departed from Chongqing, a key logistics hub in southwest China, along both the China-Europe rail freight routes and the New International Land-Sea Trade Corridor (NLMTC).

As reported by the news portal chinanews.com, citing information from the relevant department of the city government, on January 1, a container train loaded with Chongqing-made goods, such as electronic gadgets, smart devices, and car and motorcycle parts, departed from Chongqing for Europe.

On the same day, freight trains departed simultaneously from several stations in Chongqing along the NMTC land-sea routes. Using a combination of rail and sea transport, they carried a total of 350 standard containers (TEUs) of cargo, including laptops, chemicals, household items, and agricultural products, to countries including Vietnam, Thailand, the Philippines, the UAE, and France.

As a reminder, Chongqing serves as a key departure point for international China-Europe freight transport, as well as a logistics and operations hub for the NMTC's land-sea corridor. With these important positions, the city serves as a springboard for expanding the openness of China's western inland regions to the outside world.

According to the Chongqing-Xinjiang-Europe Supply Chain Management Company, services under the China-Europe rail freight brand were launched in Chongqing in 2011, reducing the delivery time of local goods to European countries by almost a month compared to sea transport. During the 15th Five-Year Plan (2026-2030), Chongqing intends to further develop such services to consolidate its strategic role in stimulating industrial upgrading, trade transformation, and interregional coordinated development.

The NMTC land-sea operator, in turn, expressed its readiness to continue expanding the NMTC transport network based on the favorable start, in particular by launching a number of new regular transport routes and deepening the integration of advantageous resources and industries in the regions along the NMTC. -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.