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China, Russia sign 27 contracts worth 15 billion USD

Other News Materials 28 April 2012 12:31 (UTC +04:00)
China and Russia have signed 27 trade contacts worth 15 billion U.S. dollars, Chinese Vice Premier Li Keqiang said here on Saturday.
China, Russia sign 27 contracts worth 15 billion USD

China and Russia have signed 27 trade contracts worth 15 billion U.S. dollars, Chinese Vice Premier Li Keqiang said here on Saturday, Xinhua reported.

Li attended the signing ceremony of the contracts before a meeting on China-Russia trade and investment.

Addressing the meeting, Li proposed that both China and Russia endeavor together to further promote their trade and economic cooperation.

The two countries could expand their cooperation in various fields, including finance, direct investment, energy, mechanical and electronic products, he said.

Russian First Deputy Prime Minister Igor Shuvalov also attended the meeting.

China is the top trade partner of Russia. Bilateral trade volume reached 79.25 billion U.S. dollars in 2011, up 42.7 percent year-on-year.

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