Chinese Premier Wen Jiabao (5th L) and visiting Russian Prime Minister Vladimir Putin (3rd R) hold talks during the 16th regular meetings of heads of government of China and Russia, in Beijing, capital of China, Oct. 11, 2011. [Xinhua]

"The two sides should implement the major projects they have agreed on while accommodating each other's concerns from a strategic viewpoint and a long-term perspective," Wen said.

China and Russia should also make breakthroughs in high-tech cooperation, Wen said, stating that both sides should concentrate their efforts to bolster joint research, development and innovation.

Concerning cross-border cooperation, Wen called for better infrastructure construction and the implementation and improvement of an outline for regional cooperation between northeast China, east Russia and east Siberia, which was approved in 2009.

Wen proposed mapping out a plan of action for Sino-Russian people-to-people cooperation and promoting the institutionalization of bilateral youth exchanges.

Wen said he hopes for closer bilateral cooperation within the framework of the Shanghai Cooperation Organization (SCO).

Wen also pledged to advance pragmatic cooperation and boost strategic coordination in a comprehensive way in order to prompt the development of both countries and make contributions to global peace, stability and development.

Putin said Russia highly values its relations with China and believes that both nations enjoy a broad outlook for cooperation.

Russia is ready to strengthen strategic contact and coordination with China and expand the scope of bilateral cooperation, he said.

The two leaders also witnessed a signing ceremony for nine Sino-Russian agreements covering areas such as agriculture, tourism and economy.

Before their talks, Wen hosted a red-carpet welcome ceremony for Putin, who is in China for a two-day official visit.

The regular meetings between Chinese and Russian prime ministers, first established in 1996, have become an important platform for guiding and coordinating bilateral cooperation.

Chinese President Hu Jintao and chairman of the Standing Committee of China's National People's Congress (NPC) Wu Bangguo will meet Putin on Wednesday.