Chinese Minister of Commerce Wang Wentao met Minister of Economic Development of the Russian Federation Maxim Reshetnikov in Moscow on Wednesday for thorough discussions on a variety of pressing financial issues.The 2 sides discussed the United States imposition of so-called reciprocal tariffs, application of the upgraded China-Russia financial investment defense contract and ways to deepen bilateral trade and financial investment cooperation.Wang reiterated Chinas firm opposition to the U.S.
federal governments unilateral tariff actions and said China has actually taken firm countermeasures.
China just recently consented to have high-level financial and trade talks with the United States in Switzerland.
Wang stressed that Chinas position remains consistent: the country will resolutely secure its development interests and remains dedicated to supporting worldwide fairness, justice and the rules-based global trade order.Wang also highlighted the continued deepening of the China-Russia comprehensive strategic collaboration.
He worried that bilateral economic and trade ties are preserving strong momentum and required both sides to completely take advantage of the updated investment security contract to construct a more transparent and fair company environment, thus promoting top quality development of financial cooperation.Reshetnikov affirmed that China-Russia cooperation is mutually useful, not targeted at any 3rd party, and serves the fundamental interests of both countries.
He required taking brand-new opportunities to expand two-way financial investment, deepen commercial partnership and foster new growth motorists.(Cover: National flags of China and Russia./ VCG)