- Russian President Dmitry Medvedev on Monday signed a series of political and commercial deals on his second state visit to China, a sign of closer strategic ties between the two world powers.
- The two countries also signed 15 deals on cooperation covering coal, gas supply, energy efficiency, renewable energy, nuclear power, power grids and banking.
Gas pipeline- Celebrated the completion of a long-awaited China-Russia oil pipeline, the largest bilateral project.
- The 999-km pipeline runs from Angarsk in Russia to Daqing in northeast China. It is part of a bilateral loan-for-oil deal reached in 2009.
- Under it, China makes a $25-billion long-term loan to Russia while Russia supplies China with 300 million tonnes of oil through pipelines from 2011 until 2030.
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