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China, Russia sign cooperation deals

06-06-2012 09:23 BJT

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Chinese President Hu Jintao and Russia's Vladimir Putin attended the signing ceremony of a slew of fresh cooperation deals in sectors like energy, industry, finance, tourism. Analysts say the deals indicate the financial cooperation between the two countries has entered a new stage, and their cooperation will focus more on high tech industries going forward.

They also note economic and trade relations between China and Russia are getting more active. In 2011, bilateral trade reached nearly 80 billion US dollars, up more than 40 percent on a yearly basis, while in the first three months this year, the trade volume stands at more than 21 billion US dollars, up one third from the same period last year.



Editor:Zhang Rui |Source: CNTV.CN

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