China-Russian ties at unprecedented high: Medvedev
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E-mail Xinhua, October 23, 2013
China-Russian relations stand at an unprecedented height driven by trade and energy cooperation, Russian Prime Minister Dmitry Medvedev said Tuesday, himself a fan of ancient Chinese philosopher Lao Tze.
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Russian Prime Minister Dmitry Medvedev (L) joins in an online chat with Internet users from across China via Xinhuanet.com, the official website of Xinhua News Agency, in Beijing, capital of China, Oct. 22, 2013. (Xinhua/Lan Hongguang) |
During an online chat with Chinese netizens on xinhuanet.com, the official website of Xinhua News Agency, Medvedev answered a wide range of questions concerning political, economic and cultural cooperation between the two countries.
While trade reached a record high of 88 billion U.S. dollars in 2012, the two countries plan to raise the volume to 100 billion dollars by 2015 and 200 billion dollars by 2020.
Both sides will improve cooperation in various fields, such as energy and the humanities, said Medvedev, who arrived in Beijing early Tuesday for a two-day official visit.
Prior to the session at Xinhua, Medvedev and Chinese Premier Li Keqiang co-chaired the 18th regular meeting of heads of government. They also witnessed the signing of an array of documents.
MORE OIL & GAS SUPPLIES
According to an agreement signed on Tuesday, Russia's biggest oil company Rosneft will supply an additional 10 million tonnes of crude oil to China each year over the next 10 years. Medvedev said, "it means 100 million tonnes in the next 10 years, worth a total of 85 billion U.S. dollars." China imported 24.33 million tonnes of crude oil from Russia in 2012.
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