HomeWorldAsiaChina, Russia to Boost All-round Cooperation

China, Russia to Boost All-round Cooperation

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Beijing, 23 August 2024 (TDI): China and Russia will boost all-round cooperation with exploration in emerging fields and bilateral relations will not be weakened by the sanctions and containment imposed by the United States and its allies, Chinese analysts said on Thursday after the two countries issued a joint communique of the 29th regular meeting between Russian and Chines prime ministers and a new version of the outline of bilateral investment cooperation plan.

Visiting Chinese Premier Li Qiang expressed on Wednesday Beijing’s readiness to work with Moscow to strengthen all-round cooperation to take the China-Russia comprehensive strategic partnership of coordination for a new era to a new level.

Li made the remarks when co-chairing the 29th regular meeting with Russian Prime Minister Mikhail Mishustin.

In the joint communique issued on Wednesday, the two sides agreed that joint efforts will be made to improve trade structure, create new growth points for the two nations’ economies and trade, and promote the development of e-commerce, according to Chinese media.

With 2024 and 2025 designated as the China-Russia Years of Culture, the two sides also agreed to take it as an opportunity to consolidate popular support for friendship, enhance people-to-people exchanges, continuously strengthen the internal driving force of bilateral cooperation, and improve the quality of cooperation.

The text of the joint communique released by the Chinese Foreign Ministry, noted that the two nations will boost all-round cooperation in many fields, and in addition to traditional areas like investment, finance, trade, and energy, it also includes pragmatic cooperation on artificial intelligence technology, cyber security, and aerospace cooperation.

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Yang Jin, an associate research fellow with the Institute of Russian, Eastern European and Central Asian Studies at the Chinese Academy of Social Sciences, noted that the joint statement shows that Beijing and Moscow will keep deepening and expanding their pragmatic cooperation regardless of the impact and pressure from Washington and its allies, and it’s a certainty that China-Russia ties will keep developing to reach new levels in the future.

Cui Heng, a scholar from the Shanghai-based China National Institute for SCO International Exchange and Judicial Cooperation, said that besides planning for pragmatic cooperation, the two nations are also looking forward to solving the problem caused by the isolation, long-arm jurisdiction, blockade, and sanctions imposed by the United Sates and some of its allies, which are attempting to contain the rightful development of China and Russia.

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