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President Hu Jintao and Russian President Dmitry Medvedev inspected an honor guard at a welcoming ceremony Monday at Beijing's Great Hall of the People.
Following a closed-door meeting, the two leaders signed a statement calling for comprehensively deepening what was described as "the strategic partnership1 of cooperation."
The two giant neighbors also signed agreements to fight separatism and extremism, and commercial deals covering coal, nuclear energy and banking2.
The Chinese president pointed3 to a series of agreements to expand trade and economic cooperation. He especially praised the completion of the first oil pipeline4 from Russia to China.
Mr. Hu points out the pipeline, and says both sides agree to stick to the principles of openness and mutual5 benefit in further cooperation in trade, investment, energy, finance, legislation and high-technology industries.
The 1,000-kilometer long oil pipeline from eastern Siberia to China becomes operational in November. It connects Russian oil fields with Daqing, a major oil processing base in northeastern China.
Under the deal, China is lending Russia $25 billion dollars and will be guaranteed as much as 300,000 barrels of oil a day for 20 years. The two sides also have agreed to jointly6 develop a $5 billion oil refinery7 in China.
Russia is the world's biggest energy producer and China is the largest energy consumer, overtaking the United States last year.
The Russian president said the two leaders also discussed how Russia and China could work closer together on international issues.
Mr. Medvedev says he thinks this closer cooperation will help both nations, in his words, "deal with the increasingly complicated international situation in a better way."
During a visit to China by Russian Prime Minister Vladimir Putin last year, Russian and Chinese companies signed more than $3 billion worth of commercial deals. The two sides also set the framework for a separate, multi-billion dollar agreement to build two natural gas pipelines8 to China from Russia's Far East.
Russia and China split bitterly 50 years ago over differing interpretations9 of Communist ideology10, although relations have improved in recent years.
The Russian president arrived in the northeastern Chinese port city of Dalian on Sunday. His three-day trip includes a stop in Shanghai, where he will visit Russia's Pavilion at the Expo.
1 partnership | |
n.合作关系,伙伴关系 | |
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2 banking | |
n.银行业,银行学,金融业 | |
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3 pointed | |
adj.尖的,直截了当的 | |
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4 pipeline | |
n.管道,管线 | |
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5 mutual | |
adj.相互的,彼此的;共同的,共有的 | |
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6 jointly | |
ad.联合地,共同地 | |
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7 refinery | |
n.精炼厂,提炼厂 | |
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8 pipelines | |
管道( pipeline的名词复数 ); 输油管道; 在考虑(或规划、准备) 中; 在酿中 | |
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9 interpretations | |
n.解释( interpretation的名词复数 );表演;演绎;理解 | |
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10 ideology | |
n.意识形态,(政治或社会的)思想意识 | |
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