Chinese business intends to invest in real estate, housing  construction, hotel business and energy sector of Armenia

ArmInfo. Minister of Economic  Development and Investments of Armenia Artsvik Minasyan received a  delegation of entrepreneurs from China on July 12. According to the  press service of the Ministry, Minasyan presented the guests the  opportunity to carry out business activities in Armenia and the  investment prospects of the republic.

Chinese businessmen, in turn, announced their intention to invest in  the Armenian economy, in particular, in real estate, housing  construction, hotel business and energy.

Foreign trade turnover between Armenia and China increased by 33.3%  to $ 604.4 million by the end of 2017. At the same time, exports  increased by 28.4% to $ 123.7 million, and imports - by 34.6%, to $  480.7 million.