MOSCOW, June 17 (Xinhua) -- China and Russia
Wednesday signed a five-point statement on bilateral relations and mutual
Chinese President Hu Jintao (L) shakes
hands with his Russian counterpart Dmitry Medvedev during the celebration
for the 60th anniversary of the establishment of the diplomatic relations
between China and Russia in Moscow, capital of Russia, June 17, 2009.
(Xinhua/Rao Aimin) Photo Gallery>>>
Chinese President Hu Jintao attended the Shanghai
Cooperation Organization (SCO) summit and the meeting of BRIC (Brazil,
Russia, India and China) in Yekaterinburg in central Russia on June 15 and June
16. He arrived in Moscow Tuesday for a three-day state visit.
PARTNERSHIP OF COOPERATION
Hu, who is on a state visit to Russia, discussed the
current situation and prospect of the Sino-Russian strategic partnership of
cooperation with his Russian counterpart Dmitry Medvedev. The two leaders held
in-depth exchange of views on major international and regional issues and
reached broad consensus.
The two sides are satisfied with the development of
the Sino-Russian relations in the past year.
China and Russia thoroughly completed the boundary
demarcation work between them in 2008, and ratified the Action Plan to Implement
the China-Russia Treaty of Friendship, Good-Neighborliness and Cooperation
The two countries have launched energy negotiations
at Vice-Premier level and signed an inter-governmental agreement on cooperation
in the field of crude oil.
The two leaders stressed that mutual supports on
issues related to their core interests are an important part of the Sino-Russian
strategic partnership of cooperation.
The Russian side reiterated that Taiwan and Tibet are
inalienable parts of the Chinese territory. Russia will not change its stand on
the issues concerning Taiwan and Tibet and will support the peaceful development
of the cross-Straits relations and China's peaceful reunification.
The two sides emphasized that mutual supports on
issues of sovereignty and territorial integrity are of vital importance. The
Chinese side backed Russia's efforts in maintaining peace and stability in the
region of Caucasus.
SITUATION, GLOBAL FINANCIAL CRISIS
Both sides agreed that the current global financial
crisis has triggered turbulence and instability in the international financial
market and in the world's trade and economy, posing grave challenges to the
economic growth of the two countries.
China and Russia shared the same or similar
viewpoints and stance on the root cause of the current crisis, and the reform of
the global financial system and the international financial institution.
Guided by the principle of equality and mutual
benefits, nations around the world and international organizations should forge
the broadest possible cooperation in politics, trade and economy and finance in
a bid to overcome the financial crisis.
It is of special significance to try to unleash the
maximum potential of various regional institutions and organizations and raise
the financial market controllability.
The two leaders agreed to oppose global trade
protectionism, saying the global financial system in the post-crisis era should
be fair, equitable, inclusive and well-managed.
They also said that a new round of the IMF quota
formula review and the reform schemes of the World Bank should be completed on
time and that the emerging markets and developing countries should have a bigger
say and broader representation in the international financial institutions.
The two sides stressed the importance of deepening
bilateral cooperation in reforming the global financial system and in dealing
with the fallout from the crisis.
A downward trend has been recorded in the trade
volume, two-way investment and border trade between China and Russia due to the
global financial crisis, they said. The two leaders agreed that China and Russia
should work together to mitigate the negative impact of the crisis on bilateral
trade and economic cooperation.
The two leaders signed a draft plan of the
China-Russia investment cooperation, pledging to earnestly implement the draft
plan and encourage enterprises of the two countries to carry out pragmatic
cooperation in such areas as mechanical manufacturing, construction, the light
industry, transportation, agriculture, communication, bank and insurance,
technology, energy, the chemical industry, forestry and mining.
The two sides also made great efforts to work out a
draft plan on the cooperation between northeast China and Russia's Far East and
East Siberia regions.
The two leaders urged the relevant departments of the
two countries to wrap up consultation at an early date on the draft plan, so
that the plan could be submitted for approval when the heads of state of the two
countries meet at the end of 2009.
The two leaders also spoke highly of the energy
negotiation mechanisms between China and Russia and the inter-governmental
agreement on oil cooperation signed by the two countries.
The two countries have been pushing forward all-round
cooperation in oil, natural gas, nuclear power and electricity, which has raised
the China-Russia strategic partnership of cooperation to a new high, they said.
The two sides also discussed nuclear power
cooperation, one of their priorities for economic cooperation. They will launch
the construction of the second phase of the Tianwan nuclear power project and
the fast reactors for commercial purposes.
China and Russia should strengthen mutually
beneficial cooperation in civil aviation manufacturing as well as in related
projects that comply with the market needs and the civil aircraft development
plan, they added.