In a significant move to bolster bilateral relations, China and Russia have agreed to deepen their investment and energy cooperation. This commitment was solidified during a series of high-level meetings held recently, marking a new chapter in the strategic partnership between the two nations.
Chinese Vice Premier Ding Xuexiang led the delegation to Russia from Sunday to Tuesday, where he participated in the 11th China-Russia Investment Cooperation Committee meeting, the 21st China-Russia Energy Cooperation Committee meeting, and the 6th China-Russia Energy Business Forum. These gatherings underscored the mutual desire to enhance collaboration across various sectors.
During the meetings, Ding emphasized the importance of the strategic discussions and agreements reached by the two leaders. He highlighted that these conversations have laid out a comprehensive roadmap for the future of China-Russia relations, aiming for mutual benefit and sustainable development. \"China is committed to working closely with Russia to implement the consensus reached by our leaders, upgrading our investment and energy cooperation to achieve win-win outcomes,\" Ding stated.
The Vice Premier also pointed out the significant progress made under the strategic leadership of their respective heads of state. He called for the development of detailed plans to guide bilateral investments, the steady advancement of major projects, and the creation of a favorable investment environment to attract more partners.
In the energy sector, Ding advocated for deeper integrated cooperation across upstream, midstream, and downstream operations. He stressed the importance of innovation in energy technology and enhancing strategic coordination on global energy governance to promote high-quality cooperation between China and Russia.
On the Russian side, representatives praised the development of Russia-China relations and the tangible achievements in their cooperation. They congratulated China's successful convening of the third plenary session of the 20th Central Committee of the Communist Party of China and expressed optimism that the key reforms adopted will foster prosperity and open new opportunities for bilateral relations.
Igor Sechin, Executive Secretary of the Russian Presidential Commission for the Strategic Development of the Fuel and Energy Sector and Chief of Rosneft, addressed the opening ceremony of the Energy Business Forum. He read a congratulatory letter from Russian President Vladimir Putin, reinforcing Russia's commitment to expanding cooperation with China.
Both nations are eager to capitalize on the momentum of their energy trade cooperation, jointly promote large-scale energy projects, and expand mutually beneficial collaborations across the energy industry chain. This partnership aims to build a closer energy cooperation framework, driving economic growth and ensuring energy security for both countries.
As China opens its doors wider to the world through high-quality development, Ding encouraged Russian enterprises to actively participate in China's modernization efforts, offering opportunities for shared growth and development.
Reference(s):
China, Russia agree to expand investment, energy cooperation
cgtn.com
