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Kazakhstan makes up over half of China's trade turnover with Central Asia

06 November 2024 [21:19] - TODAY.AZ

By Alimat Aliyeva

Kazakhstan remains the leader among Central Asian countries in trade turnover with China, Azernews reports.

This was stated by Prime Minister Olzhas Bektenov during the opening ceremony of the 7th China International Import Expo (CIIE) in Shanghai.

"In order to strengthen cooperation between Kazakhstan and China, it is crucial to focus on developing barrier-free trade, e-commerce, transport and logistics, and the introduction of advanced AI technologies," Bektenov said.
He emphasized the potential for further collaboration between the two countries in creating the Silk Road E-Commerce pilot zone.

"Kazakh pavilions are already successfully operating on major platforms such as Alibaba and JD.com. Work is underway to open a pavilion on the Douyin platform, build bonded warehouses, and develop comprehensive warehouse infrastructure in Kazakhstan to streamline logistics through digital trade channels," the prime minister added.

Bektenov also noted that Kazakhstan handles more than 80% of land transportation from China to Europe.
"Major infrastructure projects, such as the Western Europe–Western China international transit corridor, a logistics center in the port of Lianyungang, a cargo terminal at the dry port of Xi'an, and the third railway checkpoint on the border with China, are all being implemented. These initiatives are aimed at improving the system of transcontinental economic corridors," he said.

URL: http://www.today.az/news/regions/254707.html

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