Chinese President Xi Jinping sent a congratulatory message to the 7th China-Russia Energy Business Forum in Beijing on November 25, sparking enthusiastic responses from various sectors in both countries.

Many noted that President Xi's message highly commended the positive role of China-Russia energy cooperation in promoting the economic and social development of both nations and enhancing the well-being of their peoples.

The message provided important guidance for enterprises to advance practical cooperation, charted the course for establishing a new, all-round, multi-dimensional energy cooperation framework, and injected greater certainty into the global energy market.

Also on November 25, Russian President Vladimir Putin sent a congratulatory letter to the forum.

Igor Sechin, executive secretary of the Russian Presidential Commission for Strategic Development of the Fuel and Energy Sector and Environmental Security and CEO of the Rosneft Oil Company, expressed his gratitude to President Putin and President Xi for their support and ongoing personal attention paid to the development of bilateral energy cooperation.

According to Sechin, President Xi once said the rice bowl of energy must be firmly held in our own hands. Today, China has become a renowned world leader in renewable energy.

In recent years, China has commissioned the highest volume of new renewable generation capacity, and now hosts over 70 percent of the world's manufacturing capacity for green economy equipment. The synthesis of Russian resources and Chinese technological platform reliably ensures the stable development of the two economies, taking into account the priorities of domestic consumption.

Sechin noted that in the coming years, global economics will go through profound and complex changes. "Deepening our strategic cooperation is the key to countering these global challenges."

Meanwhile, Russian Deputy Prime Minister Alexander Novak said the congratulatory letters from the two heads of state, had filled them with confidence in the steady deepening of bilateral energy cooperation.

As President Xi noted in his message, China-Russia energy cooperation got off to an early start and has a solid foundation, and it serves as a model of mutually beneficial cooperation between the two sides.

Novak observed that energy cooperation between Russia and China is consistently strengthening, enriched with new dimensions, and transforming into a genuine strategic alliance, most notably in the oil, gas, and coal sectors.

"I am confident that integrating the efforts of our two nations in both traditional and new energy will ensure the sustainable development of our economies and create a technologically balanced energy landscape for the long term," said Novak.

Wang Peng, executive dean of the National Energy Development Strategy Institute at North China Electric Power University, said that President Xi's message charts the course for safeguarding the stability and smooth operation of global energy industrial and supply chains. China stands as both an active advocate and steadfast practitioner in establishing a fair, equitable, balanced and inclusive global energy governance system.

Facing the highly globalized nature of industrial and supply chains, China maintains a dialectical understanding of the relationship between self-reliance in energy technology and international cooperation. It is expanding and deepening joint scientific research with other countries, strengthening global energy technology cooperation, and helping to enhance the resilience of the global energy industrial and supply chains, said Wang.

President Xi's emphasis on "injecting greater stability into world energy security and the green and low-carbon transition," has strengthened the power industry's commitment to green development, said Yang Kun, executive vice chairman of the China Electricity Council.

In this regard, China has achieved power grid interconnection with multiple countries and provides clean energy products and services to over 200 countries and regions. In the past year, exports of wind and solar power products helped reduce global carbon emissions by approximately 2.65 billion tonnes, according to Yang. The council will continue to engage deeply in global and regional energy governance, contributing China's strength to the global energy transition, he added.

Igor Artemyev, president of the St. Petersburg International Mercantile Exchange in Russia stated President Xi's congratulatory message emphasized "promoting the establishment of a more fair, just, balanced and inclusive global energy governance system." This statement has also fostered consensus for cooperation between the two countries, according to Artemyev.

Both sides can join hands to establish an autonomous and controllable trading and pricing platform, forming a more credible and practical price reference system that better aligns with the realities of the global energy market. This will not only build a solid barrier for the security and stability of China-Russia energy trade, but also provide diverse and inclusive pathways for countries to participate in energy cooperation, Artemyev noted.

The National Energy Administration (NEA) will continuously deepen practical energy cooperation with key countries including Russia, safeguard China's energy security under open conditions, and advance the construction of a more equitable, fair, balanced and inclusive global energy governance system, said Wei Xiaowei, director general of the Department of International Cooperation at the NEA.

Wei added that President Xi's message fully affirmed the achievements in China-Russia energy cooperation and provided directional guidance for future collaboration.