Regional Economic Cooperation of the South of Russian Far East and China : Problems and Prospects

The current Russian leadership is pursuing an active policy aimed at attracting foreign investors to the development of the Far East of the country. One of the most important investment partners of Russia in this region is the People's Republic of China. Investments of China are represented in the mining industry, forestry, agriculture of the Russian Far East. In order to revitalize cooperation on the territory of the Russian Far East it is expected to create the territories of advancing social and economic development, which should be an effective tool for the preservation of the Russian population in the region and improvement of the quality of life, for the increase of the foreign investment inflow into the economy of the region and for the guarantee of its competitiveness with neighboring ATR countries. Based on the study of documents and research literature, the authors identified the advantages of investment cooperation of the south of the Russian Far East and China for each of the parties, determined the factors that impede the cooperation, discussed challenges for the future