"According to preliminary data, you [Russian and Chinese leaders] have reached 107 bilateral agreements in the past two years. Fifty-five of them have been implemented, 21 are long-term projects, while 31 are being actively implemented," Wang Yi said addressing Russian President Vladimir Putin during a meeting in the Kremlin.
Russia is China's ninth largest trading partner. Trade between the two nations stood at $90 billion in 2013 and reached $95.3 billion in 2014, according to the Chinese customs department. In 2015, their bilateral trade is expected to reach $100 billion, Wang Yi said at a press conference on March 8.
Moscow and Beijing have signed a number of strategically important agreements over the past year, including a major energy contract in May that guarantees the delivery of Russian gas to China for 30 years. The nations also actively cooperate in counter-terrorism, military, financial and other spheres.