Li focuses on 'innovative' projects

0 Comment(s)Print E-mail Xinhua, October 15, 2014
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Chinese Premier Li Keqiang addresses the opening ceremony of Open Innovations Forum in Moscow, capital of Russia, Oct 14, 2014. [Photo/Xinhua] 

Li said financial support should be provided to companies of all sizes. Li Jianmin, a researcher at the Chinese Academy of Social Sciences, said the cooperation in the energy sector had moved beyond a simple buyer-seller relationship.

"China needs to participate in exploration and exploitation of oil and gas with Russia," she said.

Yang Cheng, deputy director of the Center for Russian Studies at East China Normal University, said the meeting is important in boosting the relationship between the countries.

"As the second-largest economy and a neighboring country of Russia, China has played a significant role in Russian foreign policy," Yang said.

Speaking of future Sino-Russia cooperation, Li called for more regional and grassroots exchanges, adding that China welcomes investment from Russia, and the Chinese government encourages its companies to invest in Russian economic special zones.

Gauri Khandekar, a researcher at the Brussels office of think tank FRIDE, said China and Russia will strengthen their relations.

"Trade is an area where we will see expansion. Security cooperation is another area where China and Russia could cooperate, especially in terms of Islamist terrorism. It is not surprising that both countries are to further diversify cooperation to space and aviation," she said.

The premier landed in Italy on Tuesday following a three-day visit to Russia. Li will visit the headquarters of the Food and Agriculture Organization of the United Nations in Rome on Wednesday and attend the 10th Asia-Europe Meeting in Milan from Thursday to Friday.

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