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Russia is the largest neighboring country of China. Between the two countries, the resources and industry are complemented, the political mutual trust is at a high level, and trade cooperation has a broad prospect. Choosing the best regions and the best industries to strengthen investment in Russia has a major strategic significance in promoting 'the Belt and Road Initiative' and China-Mongolia-Russia Economic Corridor Construction. However, the related researches are extremely limited. The investment environment is unclear, and the investment risk is unknown, which seriously restrict the investment in Russia and the trade cooperation with Russia. Our research team carried out scientific expedition, government visits and scientific research cooperation in Russia for several years, and obtained a great number of first-hand valuable data. According to the analysis on the data and Russian regional policies, this study constructed an investment environment evaluation model (ESI-PRA model), scientific assessed the investment environment for 83 subjects of federation in Russia, in terms of economic, social, infrastructure, policy, resource and accessibility, classified 4 types of investment regions, chose 3 investment priority regions, revealed the investment priority industries, demonstrated the main investment risks, and proposed the strategic policies. The research results provide direct scientific and technological support for strategic decisions, such as investment in Russia, bilateral economic and trade cooperation, and overseas layout of Chinese-funded enterprises. Moreover, it has an important practical and strategic significance for improving overseas geo-strategic interests of China and ensuring the construction of China-Mongolia-Russia Economic Corridor. [ABSTRACT FROM AUTHOR]

The integration of various renewable energy technologies and intermittent changes in power supply and demand is becoming increasingly possible through the smart grid system. Innovation in technologies and systems like smart meters, energy controls, and communication systems have been required for scale-up and industrialization of smart grids, whereas Chinese firms still have much room for improvement. This has stimulated questions about the role of open innovation intermediaries(OIIs), whose responsibility is to engage with different types of partners to acquire new ideas and resources from the external environment. With the help of OIIs, Chinese firms in smart grid industry can achieve greatly to renewable energy development and energy conservation. The current study addresses this issue, trying to find the suitable OIIs from different open innovation activities including outside-in, inside-out, and coupled processes in the power supply, grid, and electrical customer side of the smart grid industry in China. [ABSTRACT FROM AUTHOR]

Highlights: [•] China is under pressure to prosper the photovoltaic (PV) solar energy industry. [•] An interactive learning platform for knowledge management is essential. [•] The paper proposes some conceptual assumptions. [•] Suitable intermediaries at different stages of PV energy industry are found. [Copyright &y& Elsevier]