Top managers of the Chinese holding company Midea, one of the country’s three largest producers of household appliances such as heaters, air conditioners and compressors, confirmed their intention to invest in Belarus’ economy.

 

The statement to this effect was made recently by Midea owner and Chairman of the Board of Directors He Xiangjian at a meeting with President of Belarus Alexander Lukashenko. According to He Xiangjian, this is his first visit to Belarus but he has already got favourable impressions about the country and its capital. “Belarus boasts sustainable development and social stability. Minsk is a very clean and beautiful city,” he said. “I see Belarusian businessmen are very hard working and I am confident about the necessity to invest in Belarus’ economy,” He Xiangjian underlined.

According to the company’s press release, President Alexander Lukashenko stated: “We are ready to create all the necessary conditions for [Midea] to expand [its] business in central Europe.” The President added he hopes it was not the last meeting with representatives of the Chinese business. “I am sure other companies will follow you as one of the largest Chinese companies into Belarus”.