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Kazakhstan-China cooperation in the field of industrialization and investment discussed in Beijing

by February 11, 2018 Market

Beijing has hosted today the XIV session of the Kazakhstan-China Joint Commission for Cooperation in the field of Industrialization and Investment.

Kazakhstan’s delegation was headed by Arystan Kabikenov, Deputy Minister of Investments and Development, the Chinese delegation – by Vice Chairman of the National Development and Reform Commission of the People’s Republic of China Ning Jizhe.

The parties discussed the implementation of the program for the development of production capacities in Kazakhstan (51 projects) initiated by President Nursultan Nazarbayev and President Xi Jinping in 2015. Reports were also delivered by representatives of the China Development Bank, the Silk Road Fund, followed by an exchange of views on further steps to develop cooperation in non-resource sectors of the economy, digitalization, green and other high technologies.

At present, we are studying the issues of further interfacing the development programs of China and Kazakhstan. In this regard, Nursultan Nazarbayev’s present Address to the People of Kazakhstan is very interesting, we have studied it deeply, it opens great opportunities for cooperation between the two countries in the fields of digitalization, industrialization, development of clean energy sources and other industries, � the Deputy Director of the Development Department of the China Development Bank Hu Dongsheng said.

Within the framework of the two-day visit to Beijing, A. Kabikenov has scheduled meetings with the leaders of such large Chinese companies-investors as China Power International Holding, China Telecom, Shanghai Electric Corp., YTO Group, COSCO Shipping Lines, NFC, NORINCO International, etc.

Source: Government of the Republic of Kazakhstan