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China-Russia energy deals mark 'new era'

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Apart from bilateral ties, China and Russia are seeking close coordination in the international arena.

Chinese President Hu Jintao (R) shakes hands with Russian President Dmitry Medvedev during a welcoming ceremony held for Medvedev in Beijing, capital of China, Sept. 27, 2010. [Li Xueren/Xinhua]

Hu and Medvedev both hailed the closer coordination of Russia and China under the frameworks of the G20, the Shanghai Cooperation Organization (SCO) and as BRIC countries (China, India, Russia and Brazil).

"The coordination between Russia and China on the international stage is strategic cooperation. This guideline, which allows us to adapt to the complex international situation, will not falter," said the Russian president.

In the meantime, Hu urged the two sides to deepen the mechanism of strategic security negotiations while supporting each other on issues concerning their respective core interests.

"China and Russia will maintain international peace and stability and promote the overall recovery, and healthy and stable development of the world economy," Hu said.

Medvedev's three-day visit will also take him to Shanghai, where he will attend Russia's National Pavilion Day at the ongoing World Expo on Tuesday.

"Your visit comes as the world political and economic landscape undergoes profound changes," said Premier Wen in a meeting with Medvedev while emphasizing the all-round outline of future China-Russia cooperation.

"As the major issues between the two countries have been resolved, the two governments should implement the consensuses reached by the two heads of state and lift bilateral ties to a new level," Wen said.

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