Activities, covering the areas of politics, economy, culture and people's daily life, have increased understanding between the two peoples, said Li.
Medvedev said the two countries have held more than 250 activities during the media exchange year, reflecting the deep friendship between the two peoples and the significance of bilateral relations.
Chinese Vice Premier Liu Yandong also attended the closing ceremony.
Also on Wednesday, Chinese Vice Premier Zhang Gaoli, Vice Premier Wang Yang and Vice Premier Liu Yandong received a Russian state award, the Order of Friendship, from Medvedev.
The Order of Friendship is a state decoration of the Russian Federation to reward foreign nationals who have made significant contributions to strengthening peace, friendship, cooperation and mutual understanding among nations.
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