Kazakhstan and China intend to expand
investment cooperation. China may allocate 1 billion yuan to support domestic
industrial projects. This was announced during a meeting between Prime Minister
Olzhas Bektenov and Liu Jun, Chairman of the Industrial and Commercial Bank of
China (ICBC). The two sides discussed strengthening bilateral cooperation, with
a focus on green financing, infrastructure support, and exports. Bektenov noted
that China remains a strategic partner of Kazakhstan. Last year, trade turnover
between the two countries reached a record $44 billion and has already grown by
3.4% since the beginning of 2025. China is currently among the top five largest
investors in Kazakhstan’s economy. Bektenov emphasized that joint initiatives
will open new horizons for cooperation, while Liu Jun reaffirmed ICBC’s
commitment to supporting innovation and contributing actively to the
development of Kazakhstan’s financial system.
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