Chi­na, Rus­sia con­cen­tra­te on SME coo­p­e­ra­ti­on

Times of Suriname - - ENGELS -

BE­IJ­ING - As small- and me­di­um-si­zed en­ter­pri­ses (SMEs) en­joy ma­ny ad­van­ta­ges and could tap gre­at eco­no­mic po­ten­ti­al, both Chi­ne­se and Rus­si­an pri­me mi­nis­ters cal­l­ed for mo­re coo­p­e­ra­ti­on bet­ween the two coun­tries’ SMEs to cre­a­te new sour­ces of growth.

Du­ring Chi­ne­se Pre­mier Li Ke­qiang’s of­fi­ci­al vi­sit to Rus­sia this month, whe­re he al­so at­ten­ded the 21st Chi­naRus­sia Pri­me Mi­nis­ters’ Re­gu­lar Mee­ting, Li and his Rus­si­an coun­ter­part, Dmi­try Med­ve­dev, si­mul­ta­neous­ly at­ta­ched im­por­tan­ce to en­han­cing SMEs coo­p­e­ra­ti­on. The pre­mier poin­ted to SMEs and in­no­va­ti­on in par­ti­cu­lar as the are­as whe­re the two coun­tries should step up ef­forts to ex­ploit new po­ten­ti­al be­si­des ma­jor stra­te­gic pro­jects. To res­pond to Li’s calling, Med­ve­dev said the two coun­tries would ma­ke mo­re ef­forts to boost coo­p­e­ra­ti­on in SMEs’ in­no­va­ti­on, whi­le ac­ti­ve­ly con­ducting coo­p­e­ra­ti­on in ma­jor pro­jects in the are­as of oil and gas and nu­clear ener­gy. In fact, the tra­de vo­lu­me bet­ween the two coun­tries fell a bit in 2015, main­ly due to sin­king pri­ces of com­mo­di­ties, which we­re usu­al­ly tra­ded through lar­ge en­ter­pri­ses. SMEs, which are re­la­ti­ve­ly not sen­si­ti­ve to com­mo­di­ty pri­ces, could not on­ly cre­a­te mo­re jobs, but al­so pro­vi­de com­ple­men­ta­ri­ty for lar­ge en­ter­pri­ses to re­du­ce their costs, so as to bet­ter boost their coo­p­e­ra­ti­on. Be­si­des, SMEs are mo­re flexi­ble, al­lo­wing them mo­re ac­cu­ra­te­ly to sen­se mar­ket need and car­ry out coo­p­e­ra­ti­on mo­re on the ba­sis of bu­si­ness prin­ci­ples. Fur­ther­mo­re, if SME coo­p­e­ra­ti­on, fea­tu­ring mo­re pe­o­p­le-to-pe­o­p­le ex­chan­ges, goes well, the foun­da­ti­on of eco­no­mic coo­p­e­ra­ti­on bet­ween two coun­tries can be ex­pand­ed, which, in turn, en­lar­ges nong­overn­men­tal ex­chan­ges.

Su Xia­o­hui, re­search fel­low at Chi­na In­sti­tu­te of In­ter­na­ti­o­nal Stu­dies, said it is no­ta­ble that the two coun­tries’ pre­miers ha­ve agreed to ex­ploit po­ten­ti­al in SME coo­p­e­ra­ti­on to ener­gi­ze in­no­va­ti­on coo­p­e­ra­ti­on and in­crea­se em­ploy­ment, be­si­des tra­di­ti­o­nal coo­p­e­ra­ti­on in ener­gy and ma­jor pro­jects. Chi­na and Rus­sia ha­ve deep coo­p­e­ra­ti­on in po­li­ti­cal area, she said, ad­ding mo­re coo­p­e­ra­ti­on spa­ce in eco­no­my is ex­pec­ted. In fact, Li has al­so tal­ked about SME coo­p­e­ra­ti­on with other heads of govern­ments, in­clu­ding Ger­ma­ny and South Ko­rea, to ser­ve Chi­na’s do­mestic po­li­cy of mass en­tre­pre­neur­ship and in­no­va­ti­on. In the con­text of fra­gi­le world eco­no­mic re­co­ve­ry and slo­wing glo­bal tra­de growth, Chi­na and Rus­sia should fur­ther gi­ve full play to their com­ple­men­ta­ry ad­van­ta­ges, so as to add new vi­ta­li­ty to each other’s de­vel­op­ment, re­vi­ta­li­za­ti­on, and eco­no­mic trans­for­ma­ti­on and up­gra­de, Li said.


Chi­ne­se Pre­mier Li Ke­qiang (L) and his Rus­si­an coun­ter­part Dmi­try Med­ve­dev sign a joint com­mu­ni­qué on the 21st Chi­na-Rus­sia Pri­me Mi­nis­ters’ Re­gu­lar Mee­ting. (Pho­to: Xin­hua)

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