The foundations of strong relationships between departments is the Framework Agreement on Cooperation and Communication Mechanism, which was signed on 29 September 2016 in Beijing in the presence of the Head of State of Alexander Lukashenko and the Head of State Xi Jinping. The framework Agreement is aimed at developing and deepening the investment cooperation between the two countries, and it provides for close cooperation not only between the committees, but also the active participation of ministries and other organizations which are subordinate to the Government of the Republic of Belarus.
The Deputy Chairman of the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China, Shen Ying, confirmed the importance of the development of the strategic project - the Chinese-Belarusian Industrial Park “Great Store”, the new residents were added to the industrial park this year, and the need for early completion creating the infrastructure of the “Great Stone” and strong relationships between enterprises were also highlighted.
The Parties noted positively the work on the implementation of joint projects, the largest of which (in this year) are: the construction of high-tech agro-industrial full cycle production with the participation of CITIC International Investments Ltd. and COFCO Corporation, transformation into the open joint-stock company - the Republican Unitary Enterprise "Order of the Red Banner of Labor" Institute Belgosproekt "with the participation of Beijing JianYi Invesment Development (Group) Co.Ltd, the establishment of the National Academy of Sciences of Belarus and the Chinese aviation company AVIC JV" Aviation Technologies and Complexes " on the production of high-tech unmanned aerial vehicles.
The Chinese Party also noted that more and more Belarusian enterprises are ready for cooperation, which was undoubtedly influenced by the successful implementation of joint projects and real successes in cooperation in other areas.
The Chairman of the State Committee on Property of the Republic of Belarus, Andrey Gaev, expressed interest in the possibility of applying the experience of Chinese colleagues in state assets management in Belarus, and, Shen Ying, the Deputy Chairman of the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China, assured him that they examine this issue.
In addition, President of the Republic of Belarus Alexander Lukashenko drew attention to the need to establish a state corporation based on Chinese experience in the Republic of Belarus on 28 July 2018 during a meeting with the Сhairman of the board of the Chinese corporation CITIC Group Chan Zhenming.
The Parties confirmed the importance of continuing cooperation of the production potentials of the two countries, aimed at mutually beneficial bilateral investment.