China and Russia emerge as strategic partners at the international front

China and Russia emerge as strategic partners at the international front

*BEIJING: *Broader and deeper cooperation between China and Russia will bring prosperity and stability to the region and the world, analysts said as Premier Li Keqiang returned to Beijing this week after an official visit to Russia. That is especially so given the challenges of the current international economic and political situation, they said.

During the three-day visit, Li had talks and co-chaired the 24th regular meeting between Chinese and Russian heads of government with his Russian counterpart Dmitry Medvedev in St Petersburg. Li also met with Russian President Vladimir Putin in Moscow.

Both countries agreed on the necessity of deepening their strategic communication and pragmatic cooperation as the world faces growing instability and rising protectionism.

Li, in meeting with Putin at the Kremlin on Wednesday, said the healthy and stable development of China-Russia relations is not only beneficial to both sides but also conducive to the region and the world.

China is willing to join Russia in safeguarding an international system with the United Nations at its core and a multilateral trading system based on the World Trade Organisation’s rules, Li said. That is of great significance for promoting the development, prosperity, peace and stability of the world, he said.

Li added that China , with its immense market potential, is expanding its opening-up. This will bring increasing opportunities for businesses of all countries, including Russia, he said.

Li hoped both countries would continue two-way opening up and further widen market access for investment to attract further cooperation opportunities for businesses of both sides.

This article originally appeared on the China Economic Net

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