OREANDA-NEWS. November 03, 2011. Dmitry Medvedev met with President of the People's Republic of China Hu Jintao on the sidelines of the G20 Summit.

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PRESIDENT OF CHINA HU JINTAO (retranslated): Mr Medvedev, it is a pleasure to meet with you again.

I am ready to take this opportunity to exchange views with you on matters of mutual interest.

At a meeting of the BRICS leaders just now we discussed the global economic situation and the problems associated with the debt crisis in Europe. Now we could talk about bilateral cooperation issues.

PRESIDENT OF RUSSIA DMITRY MEDVEDEV: President Hu, I am very glad to see you again.

Later today we will meet at the G20 Summit and have just taken part in the BRICS countries meeting, where we indeed discussed the current difficulties in the eurozone and the need to develop a consolidated BRICS position.

We now have an opportunity to dedicate this time to Russian-Chinese relations, which, in my opinion, are at an excellent level.