St. Petersburg, Russia — June 20, 2025:China’s Vice Premier Ding Xuexiang, a member of the CCP Politburo Standing Committee and the nation’s premier economic planner, pledged a strengthened Sino-Russian partnership for “global peace and global development” during the St. Petersburg International Economic Forum (SPIEF) this week.Speaking at the flagship gathering — dubbed the “Russian Davos” — Ding emphasized the significance of both countries as permanent members of the UN Security Council and leaders of emerging economies. He said:“Together with our friends from Russia, we will promote more global peace and global development.” Invited by the Russian government, Ding is attending SPIEF from June 19 to 21, where he is participating in panel discussions and meeting with senior Russian officials, as confirmed by China’s Ministry of Foreign Affairs .🌍 A Shared Vision for MultipolarityDing highlighted the forum’s theme, “Shared Values: The Foundation of Growth in a Multipolar World,” stating that China seeks to “advocate humanity’s common values,” encourage “equal and orderly multipolarisation,” and support an inclusive form of globalisation . He stressed China’s commitment to aligning with Russia to implement the understandings reached by Xi Jinping and Vladimir Putin in recent bilateral engagements .Earlier this spring, Ding held high-level meetings with Russian officials in Beijing to deepen energy cooperation and reinforce the comprehensive strategic partnership between the two countries .👥 SPIEF: A Showcase of China–Russia UnityAgainst a backdrop of dwindling Western corporate presence due to sanctions, SPIEF has increasingly become a platform for China–Russia cooperation. Ding’s presence underscores the economic and strategic convergence in areas such as technology, energy infrastructure, and governance — a deliberate message designed to project a united front .⸻🔍 Why This Matters • Global Governance: The support of two UNSC permanent members for a multipolar world marks a clear alternative to Western-led institutions. • Strategic Balance: Their economic alliance underlines a geopolitical shift showcasing the deepening of non-Western cooperation. • Summit Symbolism: Ding’s remarks, delivered on Russian soil, highlight the high level of mutual trust underpinning China–Russia ties.⸻📝 Bottom LineAt SPIEF 2025, Vice Premier Ding Xuexiang’s declaration reflects Beijing’s strategic pivot: from economic development to actively partnering with Moscow in shaping a diversified global order. As both nations leverage their positions within the UN and global markets, the message is clear — China and Russia intend to craft a new era of peace and progress—on their own terms.
