Chinese and Russian enterprises signed 21 agreements and contracts worth $4.3 billion after the China National Exhibition was inaugurated in Moscow yesterday.

Russian First Deputy Prime Minister Dmitry Medvedev, Chinese Vice-Premier Wu Yi and Russian Economic Development and Trade Minister German Gref took part in the signing ceremony.

Of the agreements and contracts, 17 trade deals valued at about $3.7 billion were signed. These include exports of Chinese cars, home appliances and farm products to Russia, as well as imports of Russian machine tools and silicic steel plates to China.

The other four agreements worth $586 million were inked in the timber processing, shipbuilding and mining industries.

Xinhua

(China Daily 03/28/2007 page2)