(Yicai Global) Nov. 27 -- China and Russia will set up innovation centers in Harbin, Northeast China's Heilongjiang province, Shenzhen in southern Guangdong province, and Moscow and Yekaterinburg in Russia to boost technology innovation and cooperation and trade in technology services, the Heilongjiang Daily reported.

Harbin International Technology Transfer Service Center, Shenzhen Tiange Industry Investment Holdings Co., Moscow International Instrument Manufacturing and Information and Communication Technology Alliance and Ural Federal University recently entered into an agreement as local sponsors of the joint initiative, marking the start of innovation center development in the four cities. Center construction in Harbin and Shenzhen has already begun.

The governments will strive to introduce innovative and high-tech products to the markets through the development of the innovation centers. China and Russia will cooperate on exchanges of information, technology integration, project roadshows and joint incubation at the centers, which will focus on information and communication technology, new energy, instrument manufacturing, new materials, biotechnology and life sciences, natural resources and environmental technologies, the report added.