- CNTV English - CCTV News

China, Russia pledge closer economic cooperation amid global adversity

06-05-2012 23:39 BJT Special Report:Russian President Putin Visits China |

BEIJING, June 5 (Xinhua) -- Chinese President Hu Jintao and his Russian counterpart Vladimir Putin on Tuesday pledged to boost economic cooperation in the face of global adversity.

Chinese President Hu Jintao (R) shakes hands with his Russian counterpart Vladimir
Putin during a welcoming ceremony in Beijing, capital of China, June 5, 2012.
Putin arrived in Beijing on Tuesday to attend the 12th Meeting of the Council
of Heads of Member States of the Shanghai Cooperation Organization (SCO).
(Xinhua/Ju Peng)

"China and Russia are both committed to restructuring their economy and addressing the risks and adverse influence in the global economy," Hu said during his talks with the visiting Russian president.

Putin is paying a state visit to China and will attend the 12th meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization in Beijing scheduled from Wednesday to Thursday.

The two nations should give play to their complementary advantages and improve the quality of their cooperation, said the Chinese president.

Hu suggested that China and Russia expand their cooperation in investment, energy, high technology, large-scale projects and trans-border infrastructure as well as sub-national cooperation.

Putin, for his part, said there is immense potential and broad prospects for the cooperation between Russia and China.

The Russian side is confident that the two nations can achieve the goal for bilateral trade to reach 100 billion U.S. dollars in 2015 and 200 billion dollars in 2020, said the Russian leader. In 2011, bilateral trade volume reached 80 billion U.S. dollars, a record high showing a 42.7-percent year-on-year rise.

Putin said the Russian side hopes to coordinate with China more closely to push ahead with key projects and improve the structure of bilateral cooperation.

During the meeting, the two leaders also pledged to step up their cultural and people-to-people exchanges and law-enforcement cooperation to further advance the two countries' comprehensive strategic partnership of coordination.

Editor:Zhang Jianfeng |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program