Off the wire
Spanish exports prices increase for first time since Feb 2013  • Urgent: Oil prices rise on supply speculation  • Spain places treasury bills at negative interest rates first time in history  • 1st LD: UN Security Council slams terrorist attacks by Boko Haram in Nigeria, Chad  • Tiger Woods to play Par 3 Contest with his children as caddies  • China, Russia to make more efforts for lasting world peace: Chinese FM  • World Bank ready to share experience with China-proposed AIIB, World Bank president  • 1st LD Writethru: Gold down on stronger dollar  • Ghana FA boss re-elected CAF executive committee member  • Spanish stock market rises 0.83 pct, closes at 11,730 points  
You are here:   Home

China, Russia face historic opportunity in linking development strategies: Chinese FM

Xinhua, April 8, 2015 Adjust font size:

China and Russia are facing a historic opportunity to link the development strategies of both countries for deeper bilateral cooperation, visiting Chinese Foreign Minister Wang Yi said here Tuesday after meeting with his Russian counterpart Sergei Lavrov.

"Russia is not only a major European country but a great power in the Asia-Pacific region," Wang said. "As Russia has decided to develop its Far East, China is stepping up its efforts for further opening its west while pursuing an all-round opening up to the outside world. This has brought a rare historic opportunity to link the two countries' development strategies."

According to the Chinese Foreign Minister, a major step to grasp the opportunity is to link China's Silk Road Economic Belt initiative with Russia's idea of creating a cross-Eurasia passage and speeding up its Far East development, along with more cooperation with the Eurasian Economic Union.

"This will not only give new weight to the China-Russia comprehensive strategic partnership, but also open up new sphere for pragmatic cooperation and inject fresh impetus into the overall development and rejuvenation of Eurasia," he added. Endite