President of Russia Vladimir Putin: Mr President,

Ladies and gentlemen, friends,

First of all, I would like to express my sincere gratitude to our dear friend, President of the People’s Republic of China Xi Jinping, and all our Chinese colleagues for the warm and cordial
welcome extended to the Russian delegation.

This official visit is taking place in an anniversary year for Russian-Chinese relations: 25 years ago, we signed a vital
interstate treaty of good-neighbourliness, friendship and cooperation, which
provided a solid foundation for the all-round development of comprehensive
partnership and strategic interaction between our two countries.

Russia-China relations have reached a truly
unprecedented level and continue to develop. At the same time, our relations
are self-sufficient, do not depend on the current international situation, and can serve as an example of relations between nations in this age.

Regarding our talks today, they were held in a traditionally warm, comradely and constructive atmosphere. We held in-depth
discussions on all key aspects of our bilateral cooperation. The joint
statement we have signed following these talks outlines the priority spheres of our interaction.

We have signed a large package, or more
precisely about 40 intergovernmental, interagency and corporate documents. Some of them have been signed here.
Many of these focus on the further deepening of our economic cooperation.

I would like to emphasise that Russia and China
are important trade partners for each other. In 2025, our trade reached nearly US$240
billion, and its structure has expanded, including due to high added-value
goods.

Modern enterprises in both Russia and China
have greatly contributed to the growth of mutual trade. Our coordinated actions
to transition settlements between them, as well as between our countries in general, to payments in national currencies have been of great importance in this regard. As a result, nearly all Russia-China export-import transactions are made in rubles and yuan. In other words,
we have actually created a stable system of mutual trade that is protected from
external influence and negative trends in the global markets.

I would like to point out that Russia and China
are actively cooperating in the sphere of energy. Our country is one of the largest exporters of oil, natural gas (including LNG) and coal to China. We are
definitely ready to continue to ensure reliable and uninterrupted supplies of these types of fuel to the rapidly growing Chinese market.

To be continued.