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Li Keqiang Holds Talks with Russian Prime Minister Putin

On April 27, 2012, Chinese Vice Premier Li Keqiang held talks with Russian Prime Minister and President-elect Vladimir Putin at Prime Minister's official residence in Moscow.

Li first conveyed the cordial greetings and good wishes from President Hu Jintao and Premier Wen Jiabao to Putin. He congratulated Putin on his presidential re-election on behalf of the Chinese government and the Chinese people.

He said thanks to the personal attention paid by the leaders of the two countries and joint efforts made by both sides, the two countries have forged a comprehensive strategic partnership of coordination based on equality, mutual trust, mutual support, common prosperity and lasting friendship and bilateral relations have seen unprecedented development in recent years. The vice premier called on both sides to spare no efforts to lift bilateral ties to a new height and open up broader prospects for the smooth development of the ties.

Economic and trade cooperation is an important cornerstone for Sino-Russian comprehensive strategic partnership of coordination and also an impetus to bilateral relations, Li said, urging both sides to make use of their respective economic development strategies, tap each other's potential and advantages and increase pragmatic cooperation in all spheres to boost mutual development and benefit both peoples. First, he said China and Russia should improve the scale and quality of their economic and trade cooperation, expand cooperation in mutual investment, deep processing, trade in electro-mechanical products, joint research and development, and localization, optimize their trade structure and increase the technical content and added-value of their products. Second, Li called for advanced cooperation on strategic projects to boost both countries' economic competitiveness at the global level. Third, the two countries should conduct high-tech and innovative cooperation to meet the demands of innovative development and economic transition, Li said, adding that scientific research institutions, high-tech enterprises and universities from both sides need to cooperate directly to carry out a series of influential and medium and long-term large-scale cooperation projects. Fourth, he urged both sides to promote closer bilateral cooperation at local levels, continue to implement and optimize the outline of the plan for regional cooperation between northeast China and the Far East and Eastern Siberia areas of Russia and quicken steps to boost cross-border infrastructure development. Fifth, the Chinese leader also hoped the two sides would deepen all-round and multi-level energy cooperation in the fields of nuclear energy, natural gas, oil, and coal based on mutual benefit so as to better serve the economic development of the two countries.

For his part, Putin asked Li to convey his cordial greetings to President Hu and Premier Wen and extended warm welcome for Li's visit. He said that thanks to the joint efforts of both countries, Russia-China relations have reached an unprecedented high level and bilateral cooperation has been expanded to cover more areas and achieve important outcomes. Li's visit will further enhance the development of bilateral pragmatic cooperation in all spheres, the president-elect said. Putin also expressed Russia's willingness to work jointly with China to achieve the goal of increasing bilateral annual trade volume to 100 billion U.S. dollars in 2015. He also said the two countries need to expand two-way investment, reinforce cooperation in the fields of energy, science and technology, and innovation.

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