Kazakhstan is set to increase its exports to China by $1.6
billion across 180 product items. This includes high-value-added products in
the metallurgical, petrochemical, food, machinery, and construction sectors, as
noted by Kazakh Prime Minister Olzhas Bektenov during talks with Premier Li
Qiang of the State Council of China. The parties discussed the actively
expanding trade and economic cooperation. Over the past nine months, trade
volume between the two countries reached $33 billion. Notably, mutual trade in
the agricultural sector grew by nearly six percent. In this regard, the parties
discussed the possibility of accrediting new domestic industrial enterprises to
enter the Chinese market. The logistics sector also holds significant
prospects. In container transportation, transit shipments along the «China –
Europe – China» route increased 24 times due to the opening of Kazakhstan’s
logistics center in Xi’an. Additionally, transportation volumes along the
Middle Corridor during the same period surpassed last year’s total by 23
percent, reaching 3.5 million tonnes. By 2030, plans are in place to increase
cargo volumes to 10 million tonnes per year.
«China is Kazakhstan’s largest trading partner. Last year,
trade turnover grew by 32 percent. In line with the task set at the highest
level, we aim to double mutual trade figures in the near future. The history of
Kazakhstan-China relations is based on friendship and mutual trust. We will
continue to deepen our comprehensive strategic partnership, encompassing
various sectors,» Bektenov said.
«China and Kazakhstan are long-standing friendly neighbors;
we are connected by a common border of over 1,700 kilometers. Over the 30 years
since the establishment of diplomatic relations, our countries have built
mutually beneficial cooperation based on good neighborliness, friendship,
respect, and equality. Under the strategic leadership of the Heads of State,
our relations have gained new momentum in recent years, achieving a high level
of stable and comprehensive strategic partnership,» Li said.
