Ding Xuexiang and Russian First Deputy Prime Minister Denis Manturov Co - chair the 12th Meeting of the China - Russia Investment Cooperation Committee

On November 1st, Ding Xuexiang, a member of the Standing Committee of the Political - Bureau of the Communist Party of China Central Committee and Vice - Premier of the State Council, co - chaired the 12th meeting of the China - Russia Investment Cooperation Committee with Denis Manturov, the First Deputy Prime Minister of Russia, in Beijing.

Ding Xuexiang said that since the beginning of this year, President Xi Jinping and President Vladimir Putin have held several meetings and phone calls, charting a new blueprint for the development of bilateral relations. The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China reviewed and adopted the "15th Five - Year Plan" proposal, providing an important opportunity for China and Russia to deepen practical cooperation in various fields. China is willing to work with Russia, under the strategic guidance of the two heads of state, to continuously improve the quality and efficiency of investment cooperation, continuously enrich the connotation of the China - Russia comprehensive strategic partnership of coordination for a new era, and better enhance the well - being of the two peoples.

Ding Xuexiang fully affirmed the progress and effectiveness of China - Russia investment cooperation in the past year, and put forward four suggestions for further deepening bilateral cooperation. First, highlight key areas, strengthen leadership and demonstration, and strive to achieve more practical results. Second, closely communicate and cooperate, make good use of complementary advantages, and promote the in - depth and solid development of investment cooperation. Third, strengthen the connection between supply and demand, tap the potential of cooperation, and actively expand new investment areas. Fourth, continue to expand opening - up, optimize the business environment, and continuously enhance the confidence of enterprises in cooperation.

Manturov said that Russia is willing to work with China to jointly implement the important consensus reached by the two heads of state, give full play to the guiding and coordinating role of the Russia - China Investment Cooperation Committee, create a fair and transparent business environment, steadily promote key projects, actively create new growth points, and promote the continuous upgrading of Russia - China relations.

During the meeting, the two sides summarized and sorted out the achievements of China - Russia investment cooperation, and had in - depth exchanges of views on the next - step cooperation.

After the meeting, Ding Xuexiang and Manturov signed the meeting minutes and witnessed the signing of cooperation documents.