Li focuses on 'innovative' projects

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Premier Li Keqiang called for "innovative cooperation" between China and Russia on large projects in areas such as research and development, manufacturing and marketing.

Premier Li Keqiang meets Russian President Vladimir Putin at the Kremlin in Moscow on Tuesday. [Photo/Xinhua]

His comments on Tuesday followed agreement on deals worth $10 billion the day before.

"We'd like to see energy companies take stakes in enterprises from the other country," Li said in an address at the opening ceremony of the Open Innovations forum.

Sino-Russian energy cooperation -- which saw the signing of a $400 billion pact in May to transport natural gas from Russia to China -- should "go beyond a mere trading partnership", the premier said.

He said China has substantial experience in high-speed railway manufacturing and maintenance and is willing to take part in the construction of high-speed rail lines and the upgrade of standard rail lines in Russia.

Also on Tuesday, while meeting Russian President Vladimir Putin, Li proposed that Beijing and Moscow beef up cooperation on major projects.

"China and Russia are highly complementary in economic cooperation," Li told Putin, and he hopes trade will continue to increase, especially in energy, finance and high-speed rail cooperation.

Putin said he was glad to see the signing of so many agreements on Monday, and, as the Chinese saying goes, "one should move upstairs to take a broader view."

The countries signed 39 agreements and deals on Monday after talks between Li and Russian Prime Minister Dmitry Medvedev.

Agreements to work together on a Moscow-Kazan high-speed railway while tapping potential for another gas pipeline topped the agenda.

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