Author: Not Mentioned
Posted on: Global Times | November 26th 2017


China and Russia will enhance cooperation on the digital economy, including big data, the Internet of Things and smart cities, the Xinhua News Agency said on Saturday, citing Chinese Ambassador to Russia Li Hui.

While making continuous efforts to strengthen bilateral cooperation in the sectors of energy, equipment manufacturing, agriculture and spaceflight, the two countries are eyeing the digital economy as a new area of cooperation, Li said.

China and Russia will also continue their efforts to achieve substantial results from the alignment of the China-proposed Belt and Road initiative and development programs within the Eurasian Economic Union (EEU) led by Russia.

The EEU, which groups Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, is an economic bloc aiming to optimize the flow of goods and services among its members.

Li said China and Russia will work to implement the project of an international transportation corridor in the Far East and jointly explore the Arctic shipping route to make it a «silk road on ice.»

Strategic mutual trust between the two nations is strengthening, while political, economic and people-to-people exchanges are developing robustly, forming a solid base for the China-Russia comprehensive strategic partnership of coordination, according to Li.

The partnership plays a special role in China’s «major-country diplomacy» with Chinese characteristics and both countries will never waver in their determination to develop such a partnership no matter how the international and regional situations change, Li said.

Both China and Russia are permanent members of the UN Security Council and important members of the G20, BRICS and the Shanghai Cooperation Organization, Li said.


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