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The meeting was held via videoconference.

From the transcript:

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26th regular meeting of the heads of government of Russia and China


25th regular meeting of the heads of government of Russia and China

Li Keqiang (retranslated): I am very pleased with you, Mr. Prime Minister, to hold the 26th regular meeting of the heads of government of China and Russia by videoconference.

The other day we have already attended a meeting of the SCO and ASEM CHPs. And our regular online meeting today allows us to take stock of the year in the development of practical cooperation between the two countries in all areas, as well as exchange views on the further deepening of interaction.

China and Russia are the largest neighboring countries. We provide each other with development opportunities and are global partners. Moreover, this year is marked by the 20th anniversary of the signing of the Treaty on Good Neighborliness, Friendship and Cooperation. In this regard, President Xi Jinping and President Putin issued a joint statement on the extension of this treaty, which is already filled with new content.

Now our countries are actively fighting against COVID-19. Multifaceted cooperation is developing steadily. There are positive results: in the first 10 months alone, trade between us reached $ 11.56 billion – that is, increased by 30.8%. This indicator alone convincingly shows the enormous potential and broad prospects of our cooperation.

Although the situation with the pandemic does not make us optimistic: new strains are emerging, and it is very difficult to predict what will be an even more serious attack from the virus. Moreover, the global economy continues to sluggishly recover. And only the factors of unpredictability and instability of the world situation are growing.

Our countries are the leading and at the same time growing economies of the world, and in this regard, we are ready, together with our Russian partners, to intensify contacts, coordination, jointly reveal the potential of cooperation, and increase the level of interaction. We are also ready to work together in the fight against COVID-19, ensure the resilience of the global supply and production chain, strengthen green development, contribute to a sustainable recovery of the global economy, and play a larger role in promoting peace and stability in the region and the world.

Mikhail Mishustin: Dear Mr. Li Keqiang! Dear Colleagues!

I am glad to welcome you to the 26th regular meeting of the heads of government of Russia and China.

First of all, I would like to congratulate you and all our Chinese friends on this important event. This year the Chinese Communist Party celebrates its centenary. Our countries are careful to preserve their common history. We sincerely wish you new successes.

Today, Russian-Chinese relations of comprehensive partnership and strategic interaction are at the highest level in the entire centuries-old history and continue to develop dynamically on the basis of the Treaty of Good Neighborliness, Friendship and Cooperation. A significant role in this is played by regular meetings of heads of government, as well as the work of five intergovernmental commissions, whose meetings were successfully held in this difficult year due to the spread of coronavirus. We will hear the reports of their co-chairs today.

The leaders of our countries – President Vladimir Vladimirovich Putin and Chairman Xi Jinping – have set before the governments the task of consistently expanding practical cooperation in all areas. And we have already achieved good results, first of all, as you said about this, in mutual trade. In January-October this year, the volume of trade increased by 31% and amounted to $ 110 billion, which is already a significant amount.

By the end of 12 months, we expect to reach new record figures. The main thing is to bring bilateral trade to $ 200 billion in the next three years, as the heads of our states instructed us.

The special value of Russian-Chinese relations is that they cover all areas and areas of interaction. Energy cooperation has become complex and truly strategic. The Power of Siberia gas pipeline is operating stably. The delivery of Russian liquefied natural gas under the Yamal LNG joint project via the Northern Sea Route directly to Chinese consumers is on schedule.

To be continued…

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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