The development comes at a time that Russian President Vladimir Putin is visiting the Chinese city of Harbin as part of his two-day State visit to China.
Speaking ahead of a concert dedicated to the 75th anniversary of the establishment of diplomatic relations between the two countries and the start of the Cross-Cultural Years, Putin expressed confidence in the continuation of cordial ties between the two countries.
The United States said on Thursday that China cannot have stronger ties with Europe and other countries while supporting Russia in its ongoing war against Ukraine.
Following Russian President Vladimir Putin's arrival in Beijing, China's President Xi Jinping expressed readiness to work with the Russian leader to jointly steer the future direction of bilateral relations between the two countries, reported Xinhua.
Xi rolled out the red carpet for Putin, who arrived in Beijing for a two-day state visit, signalling the deepening alignment between the two nations amidst Russia's ongoing advances in Ukraine, CNN reported.
Putin arrived in Beijing on Thursday, marking his first overseas trip since his re-election in March and his second visit to China in just over six months.
This is the fourth in-person meeting between Xi and Putin since the invasion and Putin's second visit to Beijing in that time. Xi also visited Moscow in 2023 after entering his new term as China's president.
Russian President Vladimir Putin is expected to visit China on Thursday, marking his second visit in less than a year as the conflict escalates in Gaza and Ukraine, according to CNN.
The US is considering imposing sanctions on Chinese financial institutions, which are believed to be supporting Russia amid its invasion of Ukraine, in a bid to suppress lifelines for Russian military production, reported Nikkei Asia.
Analysts have said that Chinese President Xi Jinping's visit to Serbia and Hungary demonstrates China's limitations amid the ups and downs in ties between Beijing and the European Union.
Vladimir Putin expressed confidence in overcoming the current challenging period with dignity and emerging stronger and said, "I am confident that we will pass through this difficult pivotal period with dignity and emerge even stronger."