Akim of Almaty Erbolat Dossaev met with the Consul General of China

During the meeting with the Consul General of China in Kazakhstan, Ms. Jiang Wei, issues of strengthening trade, economic, cultural and humanitarian cooperation, as well as partnership in the field of innovation and new technologies were discussed.

China is on the list of Kazakhstan's main trading partners. The dynamics of the growth of trade turnover between the city of Almaty and China is growing rapidly. Thus, according to the results of the first half of this year, the trade turnover increased by 51.6% compared to the same period in 2021 and amounted to 2 billion 850 million US dollars.

Today there are 898 enterprises with the participation of Chinese capital in Almaty. One of the significant joint projects was a plant for the production of large-diameter welded steel pipes. As a result of its launch in 2021, more than 300 jobs were created. The volume of investments amounted to 33 billion tenge. By the end of this year, it is expected to implement another investment project for the production of radiators in the industrial zone. The volume of investments in this project is 11.6 billion tenge, 430 new jobs will be opened.

Taking into account the memorandum of cooperation concluded last year between Almaty and Sichuan Province, it was proposed to intensify trade, economic and cultural relations in the field of attracting Chinese investors both in the field of science and education.

As part of the work on the development of new technologies and digitalization, a memorandum of understanding was signed between the cities of Almaty and Shenzhen in December last year. The current plans include the creation of mutual preferences to support the local IT business of the two cities and the development of a methodology for the implementation of Smart City digitalization infrastructure projects.

At the end of the meeting, the parties noted the significant potential and promising areas for further mutually beneficial cooperation.