(Photo 2: Chinese Vice Premier Zhang Gaoli addresses the second China-Russia Small and Medium-sized Enterprises (SMEs) Forum in Russia's Black Sea resort of Sochi, May 30, 2016.)
SOCHI, Russia -- Chinese Vice Premier Zhang Gaoli and his Russian counterpart Arkady Dvorkovich agreed here on May 30 to enhance cooperation on energy and between small- and medium-sized enterprises (SMEs).
The agreement came as the two vice prime ministers co-chaired the 13th meeting of the China-Russia Energy Cooperation Committee and attended the second China-Russia SEMs Forum in Russia's Black Sea resort of Sochi.
Zhang encouraged both countries to consolidate confidence, further expand areas and models of cooperation so as to jointly build strategic ties of cooperation on energy that benefit both countries and peoples.
The two sides had an in-depth exchange of views on cooperation in the fields of natural gas, oil, coal, electricity, nuclear energy, technical equipment and renewable energy, reaching broad consensus.
In his address to the SMEs forum, Zhang called on both sides to promote the steady growth and structure optimization of bilateral trade, create new engines for economic innovation and new areas of cooperation through cooperation among SMEs.
China will stick to the reform and opening up policy so as to create a fairer, more transparent, stable and expectable environment for companies from all countries, Zhang said, welcoming Russian companies to invest in China.
Dvorkovich, in his address, encouraged enterprises from both countries to take the opportunities of synergizing China's Silk Road Economic Belt initiative with the Russia-led Eurasian Economic Union to seek new economic growth points in areas of energy, aviation, telecommunication, ship building, high-speed train, transportation, agriculture and cooperation in neighboring regions.
He promised that Russia will step up to lift barriers in the fields including policy access, intellectual property protection and taxation in the hope of creating better condition for both countries' companies.
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