Chinese, Russian presidents meet in Cannes

Chinese President Hu Jintao met with Russian President Dmitry Medvedev here Thursday to discuss further development of the China-Russia strategic cooperative partnership and exchange views on major world and regional issues of common concern. The two leaders met on the sidelines of a summit of the Group of 20 (G20), which convenes Thursday and Friday to address problems affecting the world economic recovery and stability of the global financial markets. The China-Russia strategic cooperative partnership has seen unprecedented development since the two countries signed the China-Russia Treaty of Good-Neighborliness, Friendship and Cooperation in 2001. In June this year, President Hu paid a state visit to Russia, during which he and Medvedev agreed to develop a comprehensive strategic cooperative partnership featuring equality, mutual trust, mutual support, common prosperity and lasting friendship in the new decade. They also agreed to increase bilateral trade to 100 billion U.S. dollars by 2015 and 200 billion dollars in 2020, among cooperation in other areas.