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China hopes to 'inject new and strong impetus to the growth of the comprehensive strategic partnership' with Russia.
Moscow will use its presidency to focus on the development of the situation in Afghanistan.
In their joint press conference, Putin said he had heated debate with the French leader on Syria.
Experts warned that the price hike may finally build up inflation pressure on China.
Moscow says it is concerned by growth in terrorism in Africa and the war in Mali.
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.
An increase in wages follows violent strikes in the Western Cape province.
The upcoming budget in India could look at imposing higher tax rates on the very wealthy.