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China’s Xi seeks to expand economic ties with Russia

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China’s Xi seeks to expand economic ties with Russia

China’s President Xi Jinping on Tuesday sought to expand mutual investment with Russia and affirmed Beijing’s commitment to advance ties despite “turbulent” external conditions.

Axar.az informs, citing Reuters, Xi met Russian Prime Minister Mikhail Mishustin in Beijing at the Great Hall of the People, a day after Chinese Premier Li Qiang held a meeting with Mishustin in Hangzhou, where Li said China wanted to strengthen cooperation with Russia and defend shared security interests.

The Kremlin has highlighted the significance of Mishustin’s visit at a time when Russia is under major Western sanctions over its war in Ukraine and looking to stem a recent slowdown in trade with China.

“China-Russia relations have stayed the course toward higher-level and higher-quality development, advancing steadily despite a turbulent external environment,” Xi told Mishustin, according to state broadcaster CCTV.

“Safeguarding, consolidating and developing China-Russia relations is a strategic choice for both sides,” Xi said.

He highlighted industries such as energy, agriculture, aerospace, digital economy and green development where the two countries could advance cooperation and foster new engines of growth.

Mishustin said it was important for both sides to continue creating favorable conditions for attracting mutual investment and supporting joint projects, according to Russia’s TASS news agency.

Date
2025.11.04 / 11:38
Author
Axar.az
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