Latest News:  
Beijing   Cloudy    21 / 14   City Forecast

Home>>Foreign Affairs

Russian-China gas deal near, boosting relations: Putin (3)

(Shanghai Daily)

07:57, October 12, 2011

The two leaders witnessed a signing ceremony for nine agreements covering areas such as agriculture, tourism and the economy.

Russian state bank VEB and the China Development Bank signed a deal for the Chinese bank to invest US$1.5 billion in building the first stage of UC RUSAL's 750,000-ton Taishet aluminium smelter.

As well, the China Investment Corp agreed to invest US$1 billion in a joint Russia-China Investment Fund set up in partnership with a Russian state-backed vehicle to promote direct investment.

Putin said Russia will strengthen nuclear energy cooperation with China after the two nations' success with the Tianwan nuclear plant in east China's Jiangsu Province.

"Russia will introduce the most advanced technology in the world and minimize any possible risks," Putin said.

Today Putin will meet Chinese President Hu Jintao.

【1】 【2】 【3】

Email|Print|Comments(Editor:梁军)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Russian-China gas deal near, boosting relations: Putin

  2. Int'l Musical Instruments Exhibition kicks off in Shanghai

  3. China's WCup hopes hit after loss to Iraq

  4. People attend a parade during the Oktoberfest

Most Popular

Opinions

  1. Yuan appreciation nightmarish for US
  2. China, U.S. diplomats to discuss Taiwan, trade
  3. Taiwan willing to maintain status quo: Ma
  4. Why is Wall Street outrage spreading?
  5. Wall Street protests: U.S. version of Arab Spring?
  6. Be wary of financial risks in Europe
  7. Rich, poor divide at heart of Wall Street protests
  8. Is 3rd round of Quantitative Easing coming?
  9. Income divide causes fiscal crises in Europe, US
  10. China should have own ambitions

What's happening in China

Small donations make a meal for poor rural children

  1. 7 foreign women in 1 room deported over visas
  2. Controversy over 'heroic rescue'
  3. Luxury cruise ship sinks after launch
  4. Guangdong to use index to gauge happiness
  5. 14 hikers missing in mountains of Sichuan

PD Online Data

  1. Challenge to the traditional view of love and marriage
  2. House means happiness? Young Chinese' home-owning dream
  3. Fighting AIDS,China is acting
  4. Worldwide Confusius Institutes
  5. Chinese Qingming Festival