Russia, China to expand cooperation into new joint projects

June 21, 2013 at 3:33 PM

ST. PETERSBURG, Russia, June 21 (UPI) -- The leaders of China and Russia say they will expand their countries' existing joint technological and research projects into areas of "practical cooperation."

Chinese Vice Premier Zhang Gaoli said building on existing bilateral projects would "translate the best ever political relationship into results of practical cooperation," China's official Xinhua news agency reported Thursday.

Zhang met with Russian President Vladimir Putin in St. Petersburg while attending the St. Petersburg International Economic Forum.

In March, Chinese President Xi Jinping reached a series of agreements with Russia for cooperation on projects including energy, infrastructure and investment.

Zhang said the countries would now expand their efforts into high-tech industry, research and production. They also will launch projects in energy, environmental protection and manufacturing.

Putin said the practical cooperation "between Russia and China has a bright future."

Zhang also met with two deputy prime ministers about how to implement the agreements reached in March.

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