Kazakhstan and China are expanding economic cooperation

Kazakhstan and China are expanding economic cooperation

Kazakhstan and China are expanding economic cooperation. During the first half of the year, trade between the countries reached US$8.7 billion with growth recorded at 13%. These figures were cited by the Kazakh Ambassador to China Shakhrat Nuryshev at the international production forum in Beijing. Shakhrat Nuryshev said that today both countries are implementing a number of joint projects. In the near future modern industrial enterprises worth US$27 billion will be opened. Priority areas are engineering, transport and logistics as well as the agro-industrial complex. Moreover, China is ready to cooperate in other areas as well.

JIAN-GUO WANG, SPOKESPERSON, CHINESE PHARMACEUTICAL COMPANY:

 - I’m taking part in this forum to find partners. I plan to create a joint pharmaceutical manufacturing company in Kazakhstan or Russia. We have the technology. The climate in the Central Asian region is very suitable for pharmaceutical manufacturing. In the future, biopharmaceutical products will be in demand not only in China but also in the member countries of the Eurasian Economic Union.