Chinese President Xi Jinping met with Russian Prime Minister Mikhail Mishustin on Tuesday in Beijing. During the meeting, Xi sought to expand mutual investment between the two nations.
He firmly affirmed Beijing’s commitment to advancing the bilateral relationship despite what he described as “turbulent” external conditions.
This high-level meeting at the Great Hall of the People followed an earlier engagement. Premier Li Qiang, China’s second-highest official, held a separate discussion with Mishustin in Hangzhou on Monday. Li had stressed China’s desire to strengthen cooperation with Russia and jointly defend shared security interests.
Focus on Strategic Partnership
The Russian government has repeatedly emphasized the importance of Mishustin’s visit. Russia is currently facing extensive Western sanctions due to its military actions in Ukraine. Furthermore, it is seeking support to counter a recent slowdown in its trade volume with China.
State broadcaster CCTV reported Xi’s comments to the visiting Prime Minister:
“China-Russia relations have stayed the course toward higher-level and higher-quality development, advancing steadily despite a turbulent external environment.”
Xi stated that maintaining, strengthening, and growing the relationship is a “strategic choice for both sides.” He highlighted specific sectors for advanced collaboration to foster new engines of growth. These key industries include:
- Energy and Agriculture
- Aerospace and Digital Economy
- Green Development
Call for Favorable Investment Conditions
Mishustin underscored the necessity of continued cooperation from Russia’s perspective. According to Russia’s TASS news agency, Mishustin said it is vital for both nations to continue creating favorable conditions. These conditions are needed to attract mutual investment and provide support for joint projects.
The two countries established a “no-limits” partnership in February 2022, just days before Russia began its military operation in Ukraine. Since that time, Russia has increasingly relied on China to mitigate the effect of international sanctions.
This reliance has resulted in record trade volumes, a surge in transactions settled using the Chinese Yuan, and deepening energy collaboration. However, bilateral commerce has recently experienced a decline. This slowdown comes as China faces mounting pressure from the U.S. regarding trade and technology.
Joint Commitments and Taiwan Stance
In a joint official statement published Tuesday, the two nations agreed to specific diplomatic positions. They committed to “strengthen cooperation in all spheres and respond appropriately to external challenges.”
Russia also reiterated its diplomatic stance, confirming its continued adherence to the “one-China” principle. This position involves opposition to any move toward “Taiwan independence.” China regards the democratically-ruled island of Taiwan as part of its sovereign territory.
Taiwan’s government consistently rejects this claim, insisting that only the island’s own citizens can determine their future.
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