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The share of Chinese cars on the Belarusian market of new foreign-made cars may reach 10% by yearend 2010. Within 2.5 years the sales are expected to amount to 5 thousand cars a year, chairman of the council for entrepreneurship of the Belarusian Confederation of Industrialists and Entrepreneurs (BCIE) Sergei Varivoda said on August 12.

2009 expects China to become the largest manufacturer of industrial products in the world, with overtaking the USA, press agencies say referring to Global Insight forecast.

The largest state-owned corporation in China, “CITIC”, displays interest in cooperation with Belarus in the fields of construction, production of new construction materials, power industry and also creation of tourism infrastructure on the territory of Belarus.

China Guangdong Nuclear Power Corporation (CGNPC) sent a proposal to the Energy Ministry of Belarus on cooperation in the nuclear energy area, Deputy Energy Minister of Belarus Mikhail Mikhadiuk told a press conference in Minsk on August 11.

Alexander Lukashenko has suggested that Belarus and Chinese corporation CITIC should cooperate more actively.

The Belarusian side encourages CITIC to more actively come to Belarus, said the Belarusian head of state as met with CITIC CEO Kong Dan on August 7.

 “You know our capabilities and needs. This time we are very much interested in civil engineering. If your specialists are also interested in it, we would be delighted to present projects and ideas of the Belarusian construction industry in detail,” remarked the President. 
 

Gross domestic product of Beijing will exceed 1 trillion Yuan due to Olympics 2008, press agencies say.

According to Beijing Statistics Bureau, the GDP of the Chinese capital has been rising at an average rate of 12.4% per annum for the recent six years.