Vice-Premier Han Zheng (L), also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, and Russian First Deputy Prime Minister Anton Siluanov sign the summary of minutes after the fifth meeting of the China-Russia Investment Cooperation Committee in Moscow, Russia, Sept 18, 2018. Han met with Siluanov on Sept 18 and co-chaired the meeting with him. [Photo/Xinhua]
MOSCOW — China and Russia agreed on Sept 18 to further explore new areas of investment cooperation and create a more favorable investment and business environment for both sides.
The pledge came as Vice-Premier Han Zheng, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, co-hosted the fifth meeting of the China-Russia Investment Cooperation Committee with Russian First Deputy Prime Minister Anton Siluanov in Moscow.
Han said the establishment of the China-Russia Investment Cooperation Committee was a strategic measure taken under the guidance of both heads of state with the aim of comprehensively enhancing bilateral cooperation and boosting common prosperity.
Since it was set up in 2014, the committee has played an important role in promoting the synergy of development strategies of the two countries, strengthening policy communication and coordination, boosting exchanges and cooperation between Chinese and Russian enterprises and pushing ahead the implementation of major projects, said Han.
The mechanism has become a key platform and thruster for the common development of both countries, he said.
As the biggest neighbor of each other, China and Russia are major economies and emerging markets in the world, said Han, adding that the two countries have big economic volumes with vast markets and their industries are highly complimentary.
He said both countries enjoy broad investment prospects with unique political, geopolitical and cultural advantages.
Stressing that China has always viewed Russia as a priority partner for investment, Han said China stands ready to work with Russia to fully implement the consensus reached by the two heads of state and explore potentials of cooperation from a higher perspective at a deeper level and a more extensive scope so as to transform the advantage of the high-level bilateral political ties into more cooperation fruits and better benefit the two peoples.