China and Russia celebrated the fifth anniversary of the signing of the China-Russia good-neighborly treaty in Beijing Friday.

The treaty was signed in Moscow on July 16, 2001, between the then Chinese President Jiang Zemin and his Russian counterpart Vladimir Putin.

The 25-article treaty stresses a new type state-to-state relationship, which seeks no alliance nor confrontation and does not targeted against any third country.

Addressing a reception marking the occasion, Chen Haosu, president of the Chinese People's Association for Friendship with Foreign Countries (CPAFFC), called the treaty as another milestone in bilateral ties.

China-Russia relations has achieved comprehensive, in-depth and rapid growth since the treaty was signed five years ago, he said.

Chen said CPAFFC, as an active participant of Year of Russia in China, is ready to work closely with the Russian side to successfully hold activities of the year-long program, and make good preparation for Year of China in Russia next year.

Russian Ambassador to China Sergey Razov said he believes the treaty will continue to play a crucial role in promoting bilateral ties, and bring concrete benefits to the two peoples.

It also helps the two countries to make greater contribution to maintaining world peace and stability, he added.

Source: Xinhua