In the golden autumn, Almaty held the China Kazakhstan Investment Forum, with more than 600 representatives from both countries attending, including nearly 200 Chinese enterprises and nearly 100 Kazakh enterprises. The forum plans to sign 45 commercial documents covering high-tech manufacturing, automotive, pharmaceutical, logistics and processing fields. Kazakhstani President Tokayev pointed out at the meeting that the foundation of China Kazakhstan permanent comprehensive strategic partnership is profound, and relying on mutual trust and friendship, we have entered a golden 30 years of cooperation, and the current bilateral relations have achieved a new level of improvement.

High anchoring new goals for economic and trade innovation

China is Kazakhstan's largest trading partner, with bilateral trade reaching a historic high of nearly 50 billion US dollars last year. The two countries are working together to increase the trade volume to 100 billion US dollars. The cumulative investment of China in Kazakhstan has exceeded 29 billion US dollars, which is the main source of foreign investment in the local area. More than 9000 Chinese funded enterprises in the country have stable operations. China and Kazakhstan mutually waive visas to facilitate business exchanges, and the investment protection agreement provides strong legal support for bilateral cooperation.

Deeply cultivating the industry and building a cooperative ecosystem

The two countries are simultaneously advancing 260 large-scale joint projects, with a total scale exceeding 62 billion US dollars. Almaty is building an automobile industry cluster, Karaganda Oblast is launching silicon projects, metallurgical oil and gas energy storage oil well repair projects are being carried out in an orderly manner, and Aktobe Oblast is collaborating with Chinese enterprises to construct a standardized industrial park. Multiple Chinese enterprises are deeply engaged in agricultural deep processing and have landed in the cotton spinning and grain processing industry chain. Both parties plan to transform and build a complete production ecosystem, jointly explore the European market of the Central Asian Eurasian Union, and launch a two-way joint construction and cooperation plan, with mining and metallurgy as the key cooperation direction, relying on the abundant rare metal resources in the local area to expand development cooperation.

Financial empowerment expands cooperation patterns

The financial coordination supporting large-scale industrial projects continues to upgrade, and Astana International Financial Center collaborates with Hong Kong to expand cross-border investment and financing channels. Kazakhstan's Samrukh Cazena Fund is the first among SCO Central Asian institutions to issue 3 billion yuan panda bonds. Keywords: China Kazakhstan economy and trade, industrial investment, financial cooperation

This forum will sign a contract to establish a China Kazakhstan special investment fund and improve the long-term investment mechanism. Kazakhstan will simplify the investment approval process, enhance transparency in handling affairs, and continuously optimize the business environment to ensure long-term cooperation between enterprises of the two countries.Editor/Huang jiali