MOSCOW, May 24. /TASS/. Chinese President Xi Jinping sees huge potential for cooperation between Beijing and the Eurasian Economic Union (EAEU).

"China is the largest trade partner of the Eurasian Economic Union. Last year, bilateral trade was $243.6 billion, up 31%. There is good growth and huge potential for cooperation," he said in a video address to the 2nd Eurasian Economic Forum.

The Chinese leader pointed out that his country was willing to strengthen cooperation with EAEU nations.

"During my state visit to Russia in March, [Russian] President [Vladimir] Putin and I agreed to cooperate in order to interconnect the Belt and Road [Initiative] and the EAEU," he said.

"China takes a genuine interest in enhancing such cooperation and getting something concrete out of it. [China] is poised to join efforts and boost interaction for the sake of new prospects for cooperation on the Eurasian continent," he stressed.

Xi Jinping added that Beijing, along with like-minded partners in the Belt and Road Initiative and the EAEU member states, is ready "to share opportunities, overcome difficulties together and open new horizons under the banner of peace, development, cooperation and mutual benefit for the sake of progress and civilization in the emerging multipolar world."

According to the Chinese president, "in the spirit of openness, mutual benefit and common gain, the EAEU stays in close contact with regional countries, with the SCO and other multilateral mechanisms, works to build a space of joint development and is making tangible progress.".