Putin left Beijing to visit China and Russia will be the end of the expansion of energy cooperation in various fields

yesterday, President Hu Jintao met with Putin in Beijing. Xinhua News Agency issued

Xinhua News Agency, President Hu Jintao yesterday, Russian Prime Minister Vladimir Putin met. The same day, Foreign Ministry spokesman Liu Weimin, the Foreign Ministry’s regular press conference confirmed the sixteenth meeting of Sino-Russian Prime Minister during the crude oil pipeline between China and Russia on issues of trade agreement.

meeting with Putin, Hu said China-Russia economic and trade cooperation to overcome the adverse effects of the international financial crisis, re-embarked on a rapid growth track. Economic and trade cooperation between China and Russia are highly complementary, great potential for cooperation. The two sides should further tap potential, expand cooperation scale, increase mutual investment, strengthen cooperation on large projects, deepen energy cooperation, and promote regional cooperation, and continuously improve the quality and level of bilateral economic and trade cooperation, as in 2015 the bilateral trade volume reached $ 100 billion goals together.

yesterday, the Foreign Ministry’s regular press conference, Liu Weimin said that Russia is rich in energy resources, cooperation between China and Russia have good potential. The two sides will continue the spirit of the principle of mutual benefit, expand energy cooperation in various fields.

Currently, a number of Sino-Russian energy cooperation has been positive progress on large projects. China-Russia oil pipeline began on January 1 this year by Russian oil to China, marking a major breakthrough in bilateral energy cooperation, Russia’s crude oil exports to stabilize the market opened, but also for China to provide a stable oil supply.

yesterday afternoon, the end of Putin’s two-day China visit, left Beijing by special plane.

>> News Analysis

Sino-Russian energy cooperation will go beyond the “oil”

from the Russian Prime Minister Vladimir Putin’s visit to see the message said, in Russia energy cooperation is not limited to oil and gas sector, will also provide a wider and wider areas of expansion.

State Council Development Research Center of Euro-Asian Social Development Research Institute researcher Sun Yongxiang believes that the most significant Sino-Russian energy cooperation in the interests of the intersection is “Energy Strategy of integration between the two countries.”

his view, Russia’s energy policy gradually tilted to the Asia-Pacific region, Asia-Pacific countries will substantially increase the proportion of its energy exports, China is an important partner in this regard. According to China’s “second five” plan, in order to ensure stable development, we must expand the natural gas and oil imports, to ensure national energy security.

addition to pure oil and gas trade, energy cooperation between China and Russia also continued upstream and downstream industry chain extension. Fellow, Center for World Affairs Studies of Xinhua News Agency Sheng Shiliang described it as “downstream bundle” that Chinese enterprises to participate in Russia’s upstream exploration and mining, Russian companies to participate in China’s downstream processing and marketing. The two countries to do so, “you have me, I have you”, which in turn strengthen bilateral strategic partnership.

joint venture by China and Russia produce 13 million tons refinery project in September last year laid the foundation stone in Tianjin Binhai New Area, currently are under construction. CNPC joint venture with Russian oil companies, “East Energy” in the Irkutsk region to carry out the two oil and gas blocks for exploration and research work in progress.

before Putin’s visit, China and Russia a clear signal to the outside world: Sino-Russian energy cooperation is not limited to the initial stages of trade-based oil and gas, are the petrochemical, coal, electricity, nuclear power, renewable energy and other areas.

Sun Yongxiang believes that Sino-Russian energy cooperation to solve the trade structure of a single, larger instability problems. From the perspective of energy security between the two countries, both sides should strive to expand energy cooperation. According to the Xinhua News Agency

>> position

Putin: the price of things to the enterprise solution

and criticized the U.S. dollar monopoly of the “parasite “

11, according to Xinhua News Agency Xinhua Putin in Beijing accepted the joint interview with Chinese media. Putin said that Russia’s cooperation in the energy sector are many, including not only oil and gas supplies, including the joint exploration and exploitation.

Putin said, natural gas pricing issue is important, buyers want cheaper, the seller would like your point. He said: “do not do transactions at the political level, this is a matter between the two companies, they will find a fair and reasonable and mutually beneficial solutions, we do not interfere with business, we understand the needs of China, the Chinese also know that our supply level of addition, Russia also restored to the Chinese power transmission, coal supply and nuclear energy cooperation. “

Putin said Russia-China cooperation is comprehensive, diverse, including technology, finance, nano, information, medical equipment, machinery, and other wide-body aircraft. Russia and China have many common national interests, in order to place in the international market, the cooperation between the two countries must be to a new, higher level.

on the United States, Putin said the U.S. is not the world economy, “parasites”, but the U.S. monopoly of the “parasite.” He said: “I do not think my remarks how intense. Listen to some European leaders, experts and ministers, they and I have the same evaluation. I say I did not like to criticize the United States, but because we need find some common solutions to problems. “

Putin also said Russia’s economic transition process in promoting innovation in the Russian economic and trade cooperation with China is also good, Russia is willing to further strengthen cooperation with China in civilian rocket high scientific and technological cooperation. Russia and China can open up more areas of cooperation.

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