Overview
- Russian Prime Minister Mikhail Mishustin met Premier Li Qiang in Hangzhou and President Xi Jinping in Beijing on Nov. 3–4 during the 30th regular heads‑of‑government meeting.
- The two sides issued a joint communiqué and signed multiple agreements covering customs cooperation and a 2026–2030 satellite navigation roadmap, among other areas.
- Xi urged expanded mutual investment and closer coordination across energy, transport, agriculture, aerospace, the digital economy and green development.
- Moscow said trade is now settled almost entirely in national currencies as bilateral commerce in 2025 shows a slowdown, with reported year‑to‑date volumes down about 9%.
- The high‑profile visit, backed by a large Russian delegation, followed President Donald Trump’s recent talks with Xi and reinforced China–Russia coordination in forums such as BRICS and the SCO.