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Both China and Russia have injected more and more financial resources to these cooperation projects. The central banks of the two countries signed a currency swap agreement worth 150 billion yuan RMB or 815 billion Rubles (24 billion U.S. dollars) last October. The amount of RMB currency used in bilateral trade settlement at the Russian branch of Bank of China grew more than six times last year, according to branch chief Zhao Lianjie.

As China sticks to the path of peaceful development, it holds the responsibility to promote world peace, stability and development, said the president.

BEIJING, June 15 (Xinhua) -- Xinhua News Agency has launched a new version of its website, Xinhuanet, featuring more multimedia formats.

Moreover, Zhang urged both countries to further enhance people-to-people exchanges by setting up culture centers in each other's country, deepening cooperation on education, sports and tourism, and offering convenience on visa issuance.

The landmark signing by Australia's Trade Minister Andrew Robb and China's Commerce Minister Gao Hucheng finalized negotiations that began ten years ago and followed the Declaration of Intent signed in November by Australian Prime Minister Tony Abbott and Chinese President Xi Jinping.