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Russia is the world's top oil producer while China is the biggest oil importer.
Foreign Minister Wang Yi said China will move forward its cooperation with India, Pakistan and Mongolia.
China hopes to 'inject new and strong impetus to the growth of the comprehensive strategic partnership' with Russia.
Experts warned that the price hike may finally build up inflation pressure on China.
Analysts predict that bilateral trade between China and the Middle East will reach between $350 and $500 billion by 2020.
The US version seeks to increase its coverage of the local communities to cater to the needs of American readers.