Deputy Prime Minister Alexander Novak had a working meeting with Vice Premier of the State Council of China Ding Xuexiang on the sidelines of the Eastern Economic Forum.
23rd meeting of the Russian-Chinese Intergovernmental Commission on Energy Cooperation in limited attendance
“Russia and China regard each other as priority partners and consistently adhere to the principles of respectful, equal, and trusting interaction, as well as resolute mutual support on issues of key importance to both sides. We are satisfied with the progressive development of Russian-Chinese relations, our comprehensive partnership, and strategic cooperation,” Alexander Novak said.
He noted that personal contacts between the two countries’ leaders remain the main driving force behind bilateral cooperation.
The Deputy Prime Minister also co-chaired the 23rd meeting of the Russian-Chinese Intergovernmental Commission on Energy Cooperation.
“Sustainable trade and economic ties form a solid foundation for relations between Russia and China. Energy holds a special place in these relations. China is Russia’s largest foreign partner in this sector. Russian energy resources account for the majority of total trade between our countries, amounting to approximately 30 percent as of 2025. Russia, for its part, reliably fulfills its contractual obligations, ensures stable energy supplies, and contributes to the stability of global energy markets,“ Alexander Novak emphasised.
He added that Russia maintains its leading position among oil suppliers to China. The possibility of increasing energy supplies via Kazakhstan and enhancing the resilience of logistics routes is being explored.
Pipeline gas exports via the Power of Siberia pipeline are steadily growing, with Russia reliably ensuring supplies at the maximum contractual level. The Far Eastern route is being prepared for launch, while dialogue continues on other promising routes for Russian gas supplies to China, including the Power of Baikal project. These new routes will expand opportunities for mutually beneficial trade and enhance the resilience of shared energy infrastructure.
Furthermore, joint projects are underway to extract and liquefy natural gas in the Arctic zone, build a complex for processing ethane-containing gas in the Baltic region, and develop the Zashulanskoye coal deposit in Trans-Baikal Territory.
It was noted that Russia remains one of the leading coal suppliers to the Chinese market and is interested in maintaining stable supplies and developing transport infrastructure.
Peaceful atom remains of strategic importance. Equipment for Units 7 and 8 of the Tianwan Nuclear Power Plant and Units 3 and 4 of the Xudapu Nuclear Power Plant is being delivered in accordance with contractual schedules. Deliveries of key equipment for China’s fast neutron reactor have been completed. Russia is ready to discuss new joint projects, specialist training, and research into advanced nuclear technologies.
Alexander Novak noted that new areas such as renewable energy, digital management of energy systems, climate solutions, and the mutual recognition of green certificates are increasingly gaining prominence on the commission’s agenda.