Cooperation reaps rewards
Russian President Vladimir Putin starts a state visit to China today. The visit will have a far-reaching influence on Sino-Russian ties and steer the development of future bilateral cooperation.
Thanks to efforts from both sides, the relationship between Beijing and Moscow is in good shape. The leaders of the two countries have maintained frequent contact and comprehensive communication on issues of common concern.
By enhancing mutual trust and expanding mutual benefits, the two have reaped fruitful results from their cooperation in a wide range of fields. While the world economic recovery remains sluggish, Sino-Russian collaboration in trade and energy has flourished. The bilateral trade volume reached $80 billion in 2011, showing a year-on-year increase of 42.7 percent.