4 August 2022

China is interested in buying Russian coal and timber

Chinese companies “Huaming International” and NC STONE INTERNATIONAL TRADE CO., LIMITED visited Krasnoyarsk. Business visit of the delegation from China to Krasnoyarsk is a part of the agreement between the Krasnoyarsk Regional branch of Delovaya Rossiya and Huaming, Chinese International Investment Corporation. Representatives of the Yenisey Siberia Development Corporation, Krasnoyarsk Regional Branch of Delovaya Rossiya and Russian-Asian Union of Industrialists and Entrepreneurs participated in the meetings.

During the meeting, participants discussed prospects of cooperation, including participation of the Chinese International Investment Corporation “Huaming” in the implementation of the Yenisey Siberia investment projects.

“China has long been a key partner for the regions of the Yenisey Siberia and whole Russia,” said Sergey Ladyzhenko, General Director of the Yenisey Siberia Development Corporation. – Currently, the agenda of discussions with foreign partners includes both investments and export of goods from Russia. Today we see that China is interested in finding Russian suppliers of coal, timber and other goods. We are ready to implement joint projects and develop mutually beneficial cooperation.”

During their visit to Krasnoyarsk, representatives of the Chinese delegation also visited local enterprises working in the field of food production and timber processing.

We should say that signing of the agreement between the Krasnoyarsk Regional branch of Delovaya Rossiya and Huaming International took place in June 2022. According to the agreement, the parties will work together in order to strengthen cooperation and develop trade and economic relations between two countries.


Huaming, Chinese International Investment Corporation, established on the initiative of the State Council of the People’s Republic of China, was registered on September 4, 2002. Following 4 largest companies of the People’s Republic of China are the shareholders of “Huaming”: China National Petroleum Corporation CNPC, China National Cereals, Oils and Foodstuffs Corporation COFO, China Great Wall Industry Corporation and China Precision Machinery Import-Export Corporation. Main activities of the company include investments, construction and management of the “Chinese Business Center PARK HUAMING”.