Kazakhstan-China economic cooperation issues in focus
Kazakh Minister of National Economy Yerbolat Dossayev and
Chinese Vice-Minister of Commerce (Assistant Minister) Tong Daochi
discussed the trade-economic cooperation between the two
countries.
"Taking into account that China is one of the world's largest
investors, we expect a significant intensification of investment
activity in Kazakhstan after a new package of incentives was
created for investors," Dossayev said.
The sides also discussed the preparation for Premier of the State
Council of the People's Republic of China Li Keqiang’s upcoming
visit to Kazakhstan in December.
"China is the closest neighbor and strategically important
trade-economic partner for Kazakhstan,” Dossayev said. “We have
quite friendly and allied political relations."
“The trade turnover between Kazakhstan and China amounted to $13.3
billion in January-September 2014,” he said.
The inflow of direct investments from China to Kazakhstan from 2005
to the first half of 2014 amounted to more than $ 11.8 billion
(mostly construction, mining and oil and gas industry in
Kazakhstan).
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