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President Putin has been insisting on Russia decreasing its dependence on European gas markets.
The Chinese president says that the voice of emerging markets and developing countries should be increased.
The Chinese leader is likely to meet with African leaders to discuss strengthening Sino-Africa ties.
Experts says the two countries should more efficiently promote common interests in the international arena.
Jiechi noted that BRICS countries share identical or similar views and propositions in international affairs.
Russian banks are heavily exposed to Cyprus risk with around $12 billion on deposit with Cypriot banks.
Economists warn, however, that the recovery could be offset by inflationary pressures.
The Chinese president has promised that 'the great cause of socialism' will benefit everyone in China.
The report advised that India’s manufacturing sector provide current employees a better work experience.