Russian media closely follow Putin's visit to China

Russian media establishments have been closely following Prime Minister Vladimir Putin's visit to China.

Russian Prime Minister Vladimir Putin (L) talks with Chinese President Hu Jintao (R) at the Diaoyutai State Guesthouse in Beijing October 14,  2009. China and Russia signed a pact to notify each other of ballistic  missile launch plans during Putin's visit this week to Beijing,  Chinese media said on Wednesday.REUTERS/Kyodo/Kota Kyogoku

The outlets are elaborating on the agreements that signed by the two countries, particularly those related to natural gas cooperation. Russian media reports says that China is likely to be Gazprom's biggest customer ... and the company's stock price rocketed more than 6 percent in one day.

In terms of bilateral trade, Russian media outlets are quoting the Prime Minister as saying that regional cooperation plays a significant role in enhancing bilateral trade. Russian media is also following discussions between bankers from the two countries on lifting two-way trade shares for the Yuan and the Ruble.

Meanwhile, local media feedback also notes that Russia and China plan to establish a satellite telecommunication system for SCO members.