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President Hu speaks highly of China-Russia ties

06-05-2012 23:47 BJT Special Report:Russian President Putin Visits China |

BEIJING, June 5 (Xinhua) -- Chinese President Hu Jintao on Tuesday spoke highly of a positive, sound and stable momentum of development of China-Russia ties.

Chinese President Hu Jintao (R) and his Russian counterpart Vladimir Putin attend
a joint press conference in Beijing, capital of China, June 5, 2012. (Xinhua/Ju Peng)

When holding a joint press conference with his Russian counterpart Vladimir Putin, Hu said that further developing China-Russia ties is a priority for China's foreign policy, and both sides will push forward a comprehensive partnership of strategic coordination between China and Russia to a new level.

Hu said the two nations will improve strategic coordination on international and regional issues, promote common development between China and Russia and safeguard security and stability in the region and the world at large.

In addition, the Chinese president said both countries agreed to target areas where the two economies complement each other to improve economic and trade cooperation.

China and Russia will deepen cooperation in fields such as oil and gas, nuclear power, electric power, new energy and investment, carry out high-tech and innovation cooperation and speed up efforts to upgrade industrial structure of the two nations to improve international competitiveness.

Hu said the goals set by both Chinese and Russian leaders for bilateral trade to reach 100 billion U.S. dollars in 2015 and 200 billion dollars in 2020 will be achieved with common efforts of the two nations.

Moreover, Hu said the two states agreed to improve the exchanges among young people and cooperation in military and law enforcement.

The two nations will also strengthen cooperation in international institutions, such as the United Nations, G20, the Shanghai Cooperation Organization, to maintain the purposes and principles of the UN Charter, promote unity and cooperation among the emerging market countries and developing countries, and establish a more rational and fair international political and economic order.

Hu and Putin held talks on bilateral ties and the upcoming Beijing summit of the SCO on Tuesday afternoon.

Invited by Hu, Putin is paying a state visit to China from June 5-7. He will attend the 12th Meeting of the Council of Heads of Member States of the SCO scheduled to be held in Beijing on Wednesday and Thursday.

Editor:Zhang Jianfeng |Source: Xinhua

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