Premier Li Keqiang greets his Russian counterpart Dmitry Medvedev at a welcoming ceremony atthe great Hall of the People on Dec 17, 2015. [Photo/China News Service]
Beijing, Moscow seal more than 30 deals
China and Russia have signed more than 30 deals, with Premier Li Keqiang saying thatproduction capacity and equipment manufacturing are two highlights of future cooperationbetween the two countries.
The deals were signed after the 20th China-Russia Prime Ministers' Regular Meeting in Beijingon Thursday. The talks were co-chaired by Li and Russian Prime Minister Dmitry Medvedev.
Total value of the deals was not disclosed.
The two leaders said in a joint statement that reinforcing the relationship "will be a diplomaticpriority for both sides".
They said strengthening cooperation serves the interests of both peoples and meets the needto maintain regional and world peace and stability.
The documents signed cover fields such as energy, investment, finance, high-technology,customs, education and tourism.
The deals included one between China's Silk Road Fund and Russian natural gas giantNovatek, seeking share transfers and with the fund offering a 15-year loan of 730 million euros($792 million).
During the meeting, Li said the cooperation programs should be effectively implemented, andtwo-way investment promoted.
He also suggested dovetailing the "Made in China 2025" strategy with Russia's innovationstrategy, and promoting cooperation in high technology and innovation.
Xing Guangcheng, a senior expert in Russian studies at the Chinese Academy of SocialSciences, said the two countries should not be too dependent on the resources and energysectors.
"They have worked well in cutting-edge sectors such as civil aviation, telecommunication,energy-saving and environmental protection," Xing said.
The leaders' calls to strengthen collaboration in innovation oriented sectors are not only aimedat nurturing impetus for growth, but also to help economic restructuring in both countries, Xingadded.
At a joint news conference following the meeting, Li said the two countries face the task ofadjusting their economic structures, and there is "enormous potential for cooperation".
On Thursday evening, Li and Medvedev attended the closing ceremony for the China-RussiaYear of Youth Exchanges and the opening ceremony for the China-Russia Year of MediaExchanges.
