China and Russia held their first innovation dialogue in Beijing Tuesday and Wednesday, with both countries agreeing to strengthen cooperation in innovation and entrepreneurship.

The dialogue was co-hosted by China's Ministry of Science and Technology and the Ministry of Economic Development of the Russian Federation.

The dialogue aimed to improve discussion and research on political support for innovation development, and push forward cooperation between micro, small and medium-sized enterprises in technology and capital markets, said Huang Wei, China's vice minister of science and technology.

The meeting will bring new opportunities to align the Belt and Road Initiative and the Eurasian Economic Union, said Russian Vice Minister of Economic Development Oleg Fomichev.

Nearly 200 representatives from Chinese and Russian government offices, colleges and research institutions among others joined the discussions.

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