Russian President Vladimir Putin and his Chinese counterpart, Xi Jinping, have signed a joint statement on deepening the comprehensive strategic partnership between their two nations at a summit that framed their relationship as a stabilizing force in a chaotic world.

Speaking at a joint press conference on Thursday, Xi said: “China is willing to … jointly achieve the development and rejuvenation of our respective countries, and work together to uphold fairness and justice in the world.”

Reporting from Beijing, Al Jazeera’s Katrina Yu said Xi “made the point that Russia-China cooperation did not target any third party, that it was a mutually respectful, beneficial partnership and that he hoped that the war in Ukraine … would be solved peacefully”.

The Chinese president described the relationship as “a stabilizing force in the world in the face of rising hegemony, no doubt referring to the United States”, she added.

Putin expressed gratitude to Xi for efforts to resolve the war in Ukraine.

He criticized the United Nations and the G20, saying that they needed to be “depoliticized” and that Russia and China “would work together to improve security in the Asia-Pacific”, said Yu.

Putin condemned what he described as “closed alliances in the region”, she added, “no doubt referring to the AUKUS pact [between Australia, the United Kingdom and the United States], which Beijing considers as an alliance designed to contain China”.

Trade was an important aspect of the meeting, with Xi highlighting that bilateral trade had increased by 170 percent over the past 10 years with the potential to expand.

Describing their initial session as “warm and comradely”, Putin outlined sectors where the two countries were strengthening ties, from nuclear and energy cooperation to food supplies and Chinese car manufacturing in Russia.

‘Old friend’

The visit comes days after Russia launched a new offensive in Ukraine’s northeastern Kharkiv region and as it claimed advances on the 1,000km (600-mile) long front line, where Ukrainian forces have been hampered by delayed deliveries of weapons and ammunition from the United States.

Xi had given his “old friend” a warm welcome, holding a reception outside Beijing’s Great Hall of the People. The two countries’ anthems were played to the accompaniment of a gun salute before the two men went on to review the troops gathered on the plaza. A group of children jumped up and down enthusiastically as Putin and Xi walked past during a ceremony that lasted nearly half an hour.

Xi told Putin that the relationship between their countries had stood the test of time and that they had provided each other with “strategic guidance” in their more than 40 meetings over the past decade.

“China is ready to work with Russia to stay each other’s good neighbour, good friend and good partner,” state news agency Xinhua reported Xi as saying.

The leaders had declared a “no limits” partnership days before Putin sent his troops into Ukraine in February 2022. In March 2023, when Xi visited Moscow, he described a “new era” in the countries’ relationship, while in October, when Putin last visited Beijing, Xi spoke of the “deep friendship” between them.

Before the two-day visit, Putin, 71, said his choice of China as his first foreign destination since being sworn in as president for a fifth term underlined the “unprecedentedly high level of the strategic partnership” between the two countries as well as his close friendship with Xi, 70.

In an interview with Xinhua, Putin appeared to give his backing to a 12-point Ukraine peace plan that China released to a lukewarm reception.

Ukrainian President Volodymyr Zelenskyy has said any negotiations must include a restoration of the country’s territorial integrity, the withdrawal of Russian troops from all Ukrainian territory, the release of all prisoners, a tribunal for those responsible for the aggression, and security guarantees for Ukraine.

China says it is neutral in the conflict.