The Field Final of The 1st China-Russia Innovation and Entrepreneurship Competition was held in Moscow

From June 1 to 2, The Field Final of The 1st China-Russia Innovation and Entrepreneurship Competition, co-sponsored by Beijing International Exchange Association of China and MSU Science Park, was successfully held in Moscow. During the event, more than 70 high-tech enterprises from the Russian side carried out project roadshow, showing their own venture projects to Chinese investors, Industrial Park leaders and technical experts participating in the activity. Among them, 24 award-winning projects in the field finals will be invited to participate in the Finals held in China, and participate in the award ceremony and road show held in Dongying City, Shandong Province.

As an important part of the "2019 China-Russia Innovation and Cooperation Week", this event aims to build an international exchange platform for China-Russian scientific and technological cooperation by screening and gathering initial projects in four fields: Intelligence Manufacture, New Energy & Materials, Biomedical and Biotech, Sustainable Development & Environmental Protection, and to promote China-Russian cooperation through financing channels and joint R&D partners in China. The project will be transformed to the ground in an all-round way to achieve international development and accelerate the upgrading of China's regional industries.

Russia, as an important country along The Belt & Road, is a world-renowned technological power, with outstanding advantages in the fields of innovative personnel training, innovative culture and innovative technology, and has the scientific and technological strength to become an important fulcrum for China's The Belt & Road technological innovation cooperation. Dr. Guo Jieni, Deputy Secretary-General of Beijing International Exchange Association of China and Minister of International Cooperation Department, said: "The purpose of this series of activities is to optimize the domestic innovation environment and strengthen the research and development of key core technologies through the establishment of a broad platform for innovation cooperation between China and Russia, to contribute to key areas represented by manufacturing and new energy, and to create through science and technology between China and Russia. New cooperation to promote industrialization of scientific and technological achievements.

2019 marks the 70th anniversary of the establishment of diplomatic relations between China and Russia and the 27th anniversary of the signing of the Agreement on Scientific and Technological Cooperation between China and Russia. Prior to this, the two countries showed good momentum in scientific and technological cooperation: the Russian side responded positively to China's The Belt & Road initiative, and showed strong willingness and interest in the fields of energy, high-end equipment manufacturing, new materials, agriculture, cross-border logistics and so on. The China-Russian dialogue mechanism initiated jointly by the Ministry of Science and Technology and the Ministry of Economic Development of Russian Federation will be held in China this year, Third meeting. The 1st China-Russia Innovation and Entrepreneurship Competition has been incorporated into the third "Sino-Russian Innovation Dialogue" mechanism, and will hold the Final Competition with the Innovation Dialogue in the same period from September to October.