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Russia is our most important strategic partner in working on the Belt and Road, Wang Yi said.
Chinese analysts have rebuked Moody's ratings agency saying it applies a double standard between east and west.
China is now the fourth jumbo jet producer after the United States, Western Europe and Russia.
The US conducts periodic air and naval patrols near the disputed islands that have angered Beijing.
The world’s second largest economy aims to create more than 11 million jobs this year.
China will provide aid worth $8.7 billion to developing countries and international organizations participating in the "Belt and Road" drive.
Xi and the Hungarian PM announced the establishment of the comprehensive strategic partnership.
The allies are due to stress their unity in dealing with hot spots like North Korea and Syria.
China aims to create a modern Silk Road Economic Belt to boost trade and extend its global influence.
China is Japan's largest trading partner.