China is ready to take an active part in the development of Russia's Far East, Russia's import substitution strategy and privatization process, and jointly set up more symbolic investment cooperation projects, the vice premier said.
He also suggested both sides enhance regional cooperation and the cooperation between small- and medium-sized enterprises from the two countries.
China has always viewed Russia as its top priority partner for investment cooperation, said Zhang.
He said China hopes that the two sides will continue to give full play to the complementary advantages in such areas as resources, market, industry, technology, capital and human resources to benefit common development.
For his part, Shuvalov said Russia is satisfied with the progress made since the third investment cooperation committee meeting held in Beijing in June 2016, and is ready to implement the goals and tasks of investment cooperation set by the presidents of the two countries.
Stressing that Russia attaches great importance to the Belt and Road Initiative and the high-level forum on it to be held in May in Beijing, Shuvalov said Russia would like to further link it with Russia's Eurasian Economic Union.
Russia will closely follow the 73 cooperation projects set up during the fourth meeting and facilitate their implementation, he said, adding that he hopes both Russian and Chinese enterprises will lift their competitiveness on the global market.
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