MOSCOW, March 26 (Xinhua) -- Russian President
Vladimir Putin said Monday in talks with his Chinese counterpart Hu Jintao that
bilateral energy cooperation saw sound development last year and would benefit
both sides.
Cooperation in the energy sector developed smoothly
last year, with construction of oil pipelines well underway and cooperation in
natural gas being strengthened, Putin said in the Kremlin.
He said such cooperation would certainly benefit both
countries.
The president told Hu that trade and economic
cooperation with China also kept good momentum in the past year, with
enterprises from both sides getting more interested in cooperation and
increasing their investments.
"Russia will support more companies to invest in
China" and create conditions for banks to facilitate such investments, said
Putin.
The president suggested that the two countries boost
investment and large-scale cooperation projects in the Far East and the Siberian
regions.
He added that cooperation could be expanded in such
sectors as power-generation, telecommunications, civil aviation and peaceful use
of the outer space.
After their talks, the two presidents signed a joint
statement and witnessed the signing of nine cooperation agreements in railway,
banking, telecommunications and other fields.
President Hu arrived in Moscow earlier Monday for a
three-day state visit.
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MOSCOW, March 26 (Xinhua) -- Visiting Chinese President Hu
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