Foreign and Military Affairs

China, Russia sign $1.6b co-op documents

(Xinhua)
Updated: 2010-03-21 09:19

VLADIVOSTOK, Russia - China and Russia signed 15 cooperation documents totalling US$1.6 billion here on Saturday.

Representatives of the governments and business communities of the two countries signed the documents covering economic, technological, energy and infrastructure cooperation.

The agreements were signed after visiting Chinese Vice-President Xi Jinping held a meeting here on strengthening China-Russia interregional cooperation, known as the symposium on China-Russia Ussuriysk economic and trade cooperation area.

At the meeting, Xi heard reports given by top leaders from the Chinese Ministry of Commerce, China's Heilongjiang Province and Wenzhou City and Chinese enterprises.

Xi said Russia's Far East area and China's northern frontier provinces were important trading partners and should enhance bilateral cooperation.

This would not only promote economic and social development and improve the livelihoods of people in the neighboring regions, but also inject powerful energy into the development of the bilateral strategic cooperative partnership between the two countries, he said.