On May 18-19, the China–Central Asia Summit is being held in Xi'an, China.
The share of Kazakhstan in the trade of Central Asian countries with China is about 70%.
Trade between Kazakhstan and China in the first quarter of 2023 increased by 28.1% and amounted to $5.9 billion US dollars.
Kazakhstan's exports grew by 4.6% and amounted to $2.6 billion. Kazakhstan has increased supplies of copper concentrates, uranium, zinc concentrates, flax, precious metal ores and molybdenum, etc.
Imports also increased by 56.4%, amounting to $3.3 billion. The growth was shown by such positions as passenger cars, smartphones, shoes and women's clothing, toys, washing machines.
A total of 3,287 joint ventures have been registered in Kazakhstan, of which the vast majority are 3249, these are small enterprises. 18 are medium-sized and 20 are large.
The gross inflow of investments from China into the economy of Kazakhstan over the past 5 years amounted to $7.5 billion, only in 2022 – $ 1.4 billion.