Kairat Torebayev discussed mutual trade with representatives of Jiangxi Province, PRC

September 20, 2023 met with the Vice-Minister of Trade and Integration of the Republic of Kazakhstan Kairat Torebayev Member of the Party Group of the People's Government of Jiangxi Province, Deputy Governor of Jiangxi Province of the People's Republic of China Sun Hongshan.

During the meeting, the parties discussed the current state and prospects for further development of Kazakhstan-China trade and economic cooperation.

Kairat Torebayev informed about the interest of Kazakh companies to increase the export of agricultural products to the Chinese market.

Sun Hongshan, in turn, informed about the opportunities of the region and called for cooperation, and invited the Kazakh side to visit Jiangxi Province and participate in a number of international events held in the province.

Noting the mutual visits of the delegations of the two countries held in August-September this year, the sides expressed unanimous opinion that the constant exchange of delegations contributes to the strengthening of trade and economic ties between the interested regions of the two states and the development of cooperation on a mutually beneficial basis.

Trade turnover between Kazakhstan and China for 2022 amounted to $24.2 billion. The trade turnover between Kazakhstan and China for 2022 amounted to $24.2 billion, increasing by 34.5% compared to 2021 ($18.0 billion). At the same time, exports increased by 33.6% to $13.1 billion. Imports also increased by 35.4% to $11.1 billion, while imports also increased by 35.4% to $11.1 billion. the increase in imports amounted to $11.1 billion. For January-July 2023, bilateral trade increased by 20.6% year-on-year ($13.5 billion) to $16.3 billion compared to the same period in 2022. $16.3 billion.