Russian and Chinese companies plan to sign dozens of deals worth over $10 billion during President Xi Jinping’s visit to Moscow next week, Sputnik reported quoting Assistant Foreign Minister Li Huilai.

"During Chinese chairman Xi Jinping’s visit, companies of the two countries will sign several dozens of agreements estimated at over $10 billion," Li said at a press briefing. 

Xi Jinping is expected to travel to Russia for a two-day visit on July 3. He will hold talks with President Vladimir Putin and Prime Minister Dmitry Medvedev.