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Meeting with President of People’s Republic of China Xi Jinping

November 9, 2014, Beijing

Ahead of the APEC summit, Vladimir Putin met with President of People’s Republic of China Xi Jinping.

After the meeting, the two leaders attended the signing of a package of documents.

Among them is a Memorandum on gas supplies from the Russian Federation to the People’s Republic of China along the Western Route and a framework agreement between Gazprom and the China National Petroleum Corporation on gas supplies along this route.

The parties also signed agreements on implementing joint energy investment projects in Arkhangelsk Region, on the joint funding, construction and operation of a hydropower station in the Far East of Russia and on cooperation in the construction of pumped storage hydroelectric power stations.

Sberbank of Russia signed an agreement with the Export-Import Bank of China regarding credit lines and purchasing loans, while VTB Bank signed a cooperation agreement with Huawei Technologies.

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President of People’S Republic of China Xi Jinping (retranslated): Good afternoon. My friend, welcome to Beijing, where you have arrived to take part in the  APEC summit.

We have lately enhanced our strategic management and planning in bilateral relations; we hold frequent meetings and take good care of the evergreen tree of Chinese-Russian friendship.

Autumn is harvest time and a time for new achievements. Our course towards strengthening overall partnership and strategic cooperation has the full support of the people of China and Russia, meets their expectations and complies with the spirit of the times.

Whatever changes occur on the world arena, we will consider enhancing our cooperation as a priority area in our foreign policy, and we will strengthen mutual political trust and expand mutually beneficial cooperation in all areas.

Next year we will be celebrating the 70th anniversary of Victory in World War II. Our foreign policy agencies have come up with an impressive list of events that we intend to hold to celebrate this anniversary. This will provide a new opportunity to jointly protect the post-war world order and strengthen the bonds of friendship and cooperation between our countries and peoples.

President of Russia Vladimir Putin: My friend, Mr President, colleagues, I would like to thank you for the invitation and for today’s meeting.

I fully agree with you that our staff and we have done a great deal to develop Russian-Chinese strategic relations. I would like to stress that they are expanding in practically every area. This equally applies to our political relations, our defence and military technology cooperation, and the economy.

As for our economic ties, I would like to note that while last year our trade went up by 1.3 percent, in the first nine months of this year it increased by 7 percent. This is a great achievement and proof that our efforts have not been wasted. It shows that our people are getting to know each other better; they are closely cooperating and achieving good results for the benefit of our economies and social spheres, to ensure that our people have a better standard of living, that they have high incomes and are able to resolve all the issues in their daily lives.

Regarding cooperation on the world arena, I would also like to note the importance of cooperation between the People’s Republic of China and the Russian Federation for keeping the world within the framework of international law, to make it more stable and predictable. You and I have done a great deal to this end and I am certain we will continue our efforts in this direction.

Today’s meeting and this visit should give an additional impetus to our relations. We know how difficult it is to organise events of such a scale as APEC. At the same time, we know that our Chinese friends are good at hosting such major events.

We wish you every success. Thank you very much.

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November 9, 2014, Beijing