Agreement safeguards Asia-Pacific security

China and Russia said on Wednesday they will join hands to safeguard security and development in the Asia-Pacific region where challenges and threats emerge.

As the world's economic center shifts to the Asia-Pacific, experts said the collaboration offers a solution to establish a security mechanism that is acceptable to concerned parties in the region.

"Many challenges and threats exist in the Asia-Pacific region. That demands countries of the region face them with coordinated efforts," said the statement by President Hu Jintao and Russian President Vladimir Putin.