Not long ago, a China-Russia forum on regional economic cooperation was held in Wulumuqi. Some 100 participants from Beijing, Xinjiang, Ningxia, Shaan?痻i, Heilongjiang, Jiangsu, and the Siberia Branch and the Far-East Institute, both under the Russian Academy of Sciences, attended the event. The forum received 29 papers and heard verbal presentations by 14 Chinese and Russian experts. The participants discussed the latest development in the regional economic and technical cooperation, and pondered on the issues concerning petroleum based energy cooperation, high tech studies, developing special industries, commodity trade, banking and investment. Participants also made proposals and reach some consensuses on cooperation modalities and approaches, strategies to address problems, and targets and priority areas for future cooperation. Apart from strengthening communications and exchanges, and enhancing mutual understanding and friendship, the event also produced the proposals that can be considered by decision makers in the future economic and technical cooperation between the two nations. After the meeting, participants visited high tech businesses in Wulumuqi, and Russian representatives held talks with their counterparts at local research institutes and universities.