Russian President Vladimir Putin said in his speech that t

上海419论坛at the world economic system is facing a crisis in all aspects, and that such challenges were unexpected.

Noting that trade protectionism is rising, Putin criticized some countries’ measu

res, including targeting Chinese technological giant Huawei, and refusing to accept students from other countries.

The contribution made by developed countries to global economic growth

has decreased from 58 percent in 2008 to the current 40 percent, Putin noted, adding that em

erging market economies have become an important driving force for global economic growth.

Before the plenary session in St. Petersburg, Xi and Putin a

ttended a subforum, the second Russian-Chinese Energy Business Forum.

Xi departed St. Petersburg for Beijing on Friday afternoon, wrapping up his three-day state visit to Russia.

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