Russian President Vladimir Putin and Chinese President XI Jinping
© Mikhail Klimentyev/press service of the Russian President/TASS
BEIJING, 8 June. /TASS/. Russian President Vladimir Putin and Chinese President XI Jinping agreed that Russia and China will intensify cooperation in all areas and to develop strategic and trustworthy dialogue at summit and high level.
While chatting with the press following bilateral talks, the Russian President said that by the end of 2018 the Russian-Chinese trade may reach $100 billion. in addition, Putin drew attention to the cooperation of Russia and China in the energy sector and unprecedented levels of cooperation in high-tech fields.
XI Jinping to Putin presented a Friendship award of China. Russian President became the first owner of this Chinese high state awards.
At the end of the official ceremony, the leaders of the two countries on a fast train “Fuxing” went from Beijing to Tianjin to see a friendly match of young hockey players from Russia and China.
Large-scale and unprecedented cooperation
“In January-March [2018] the volume of Russian-Chinese trade grew by 31%. If you continue this pace, by the end of the year we can reach a record indicator – the level which we mentioned in several previous years – $100 billion,” Putin said at a press conference following the talks. He recalled that last year the turnover between Russia and China amounted to $87 billion and said the expansion of investment cooperation.