M-Group and Xinjiang Engineering and Construction Group, which is part of the China State Construction Engineering Corporation(CSCEC), on April 7, signed an exclusive cooperation agreement as a result of long-lasting negotiations․ CSCEC is the largest construction company in China and one of the top ten contractors in the world. The exclusive agreement, which was concluded for Armenia, as well as for a number of CIS countries, intends the implementation of large-scale joint projects in Armenia, Russia, and Georgia in the fields of energy, civil construction, road construction, water infrastructure, and other construction infrastructures. Both companies presented their directions of activity and discussed the possibilities of further cooperation during the event. This cooperation will create new opportunities for the deepening and development of Armenian֊Chinese ties.