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Максимов Тимур

Timur Maksimov

Deputy Minister of Economic Development of the Russian Federation
Quotes
07.06.2019
SPIEF 2019
Identifying Effective Strategies for the Chinese Consumer Market
Chinese consumer market is complicated. <…> It is different from what we are used to in the West. <…> The consumption pattern [in China, – Ed.] is changing, the market is expanding, people are growing rich. <…> People try to consume more, to diversify consumption and focus on specific sectors. On luxury items, [for example]
07.06.2019
SPIEF 2019
Identifying Effective Strategies for the Chinese Consumer Market
Let us consider production niches. For example, agriculture. The consumption is massive. <…> Last year export of agricultural produce from Russia to China increased by 25%. <…> The second one is pharmaceuticals. <…> The population [of China, – Ed.] is growing old, so pharmaceuticals are in high demand, and the pharma market is expanding. The next thing is ‘green’ products – industrial production that boosts energy saving and reduces emissions. <…> Everything related to the ‘green’ economy forms a huge niche on the Chinese market. As for services, they are still undervalued in our relations with China. The complete services turnover is just 6 billion. There is a huge potential here. <…> It is tourism, business trips, medicine, education
07.06.2019
SPIEF 2019
Identifying Effective Strategies for the Chinese Consumer Market
It is obvious that everybody is looking at China trying to gain access to this market. <…> [Trade turnover between Russia and China, – Ed.] reached USD 100 billion. <…> We have a goal to reach USD 200 billion by 2024
07.06.2019
SPIEF 2019
Identifying Effective Strategies for the Chinese Consumer Market
I think managers just need time to sit down and reach agreements on getting rid of all difficulties. <…> In my opinion, as long as we have an ongoing dialogue, there are no problems that Russia and China cannot solve together
07.06.2019
SPIEF 2019
Creative Economy: Strategies for Promoting High-Tech Exports
Our primary goal is to align the business conditions with those of foreign jurisdictions and improve the business environment in Russia. This also applies to exchange controls and other incentive measures
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
We need a set of rules that create security and confidence for everybody
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
The sanctions against Russia were primarily financial, so what we did was we built a stable macro-framework where we do not need external financing from the rest of the world, and as for where we are going, that is fine with us
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
In the meantime, while we expect the resolution of this trade conflict [between China and the US, – Ed.], we should focus more internally, and we should do more to ensure more equality, and look at how the wealth is distributed among different layers of society
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
From my perspective, the trade conflict that we are now discussing is only trade in form, but is purely economic in substance, and covers many more areas than trade. President Trump always refers to a big deficit in trade with China. <...> China is a very important player in intermediate trade. <...> Really the trade deficit is not the issue. <...> From my perspective I see it as a bigger conflict between two very different economic systems
06.06.2019
SPIEF 2019
Are We Witnessing a Paradigm Shift in the Global Economic Order?
In the past 30 years up until recently, the global economy has been living a dream. And many new developing countries were integrated into this system. They learned to enjoy the fruits of this system, of the architecture, financial trade, legal system – they were actually created by the Western world. And now that they rose in their economic power, they basically compete for the same share of the pie with those who created this architecture
12.09.2018
EEF 2018
Digital Transport: The Future of Greater Eurasia
The experiment that we are beginning together with our partners on the order of the government concerning the tracking of transit transportation on the route Russia – Kazakhstan <...> will provide us with a certain base that we <...> will analyse <...> We hope that this experiment will continue as <...> systemic work within the Eurasian Economic Union <...> It is important that this market is transparent
24.05.2018
SPIEF 2018
The Transformation of Public and Private Sectors in the New Economy
Given the complexity of bureaucratic procedures, the amount of time it will take you to complete the papers, agree with appropriate bodies, make a budget, draft a contract, the technological border may already be elsewhere. And then you think whether you should start the circle anew, or do what has already been done. But then there will be questions, whether you have spent budget money efficiently. This is a systemic problem, it has to do with the documents travel inside the state and it must be resolved