(Xinhua)
Updated: 2007-03-29 09:33

MOSCOW - Chinese and Russian business leaders on Wednesday vowed to further cooperation, especially in investment, machinery, R&D and project contract aspects.

Chinese vice premier Wu Yi (second right) talks to her Russian counterpart Dmitri Medvedev (second left) during the signing ceremony of the two countries' economic and trade cooperation. [Xinhua]

In a China-Russia business chamber meeting held in Moscow on the sideline of the "Year of China in Russia", participants from machinery, aviation, metal refining, finance, high-tech, telecommunication, transportation and agricultural sectors exchanged views on future cooperation.

They agreed to enhance information exchange, host regular trade fairs and promotion events.

Trade between Russia and China has maintained a rapid growth rate for eight consecutive years, reaching 33.4 billion U.S. dollars in 2006. It was expected to reach 60 billion to 80 billion dollars by 2010.