Connect with us

Hi, what are you looking for?

WORLD NEWS

President Xi Jinping to chair China-Central Asia Summit

President Xi Jinping to chair China-Central Asia Summit

At China’s invitation, President Kassym-Jomart Tokayev of Kazakhstan, President Sadyr Japarov of Kyrgyzstan, President Emomali Rahmon of Tajikistan, President Serdar Berdimuhamedov of Turkmenistan and President Shavkat Mirziyoyev of Uzbekistan will attend the summit.

Since the establishment of their diplomatic relations three decades ago, China and the five Central Asian countries have developed strategic partnerships and established a new path of good neighborliness, friendship and win-win cooperation, thereby setting up a paradigm for a new type of international relations.

According to Chinese Minister of Commerce Wang Wentao, China’s trade with the five Central Asian countries reached a historic high of $70.2 billion in 2022, some 100 times the volume 30 years ago.

Thus, in 2022, China’s imports of agricultural, energy and mineral products from these countries jumped to over 50 percent while its exports of mechanical and electronic products increased by 42 percent.

By the end of last year, China’s direct investment stock in the five Central Asian countries reached nearly $15 billion, with a number of cooperation projects launched in fields such as oil and gas exploration, processing and manufacturing, connectivity and digital technologies.

In the first two months of this year, trade between China and the five Central Asian countries surged 22 percent year on year.

Source | CGTN

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Celeb Gossip

And the first question that runs in your mind when you here this is, who is the father? Pokello has of late been rumored...

LOCAL NEWS

A house near Globe and Phoenix Mine in Kwekwe has been “swallowed” by a mine tunnel. According to the Permanent Secretary of the Ministry...

LOCAL NEWS

In a horrifying case of family violence, two innocent children were stoned to death along with their 81-year-old grandfather at Mhari Village in Bikita...

LOCAL NEWS

Mystery surrounds the whereabouts of the controversial self styled whistle-blower, Susan Mutami following an eletric period of exposing ZANU PF President Emmerson Mnangagwa and...

LOCAL NEWS

KUNZWANA Women’s Association director, Sekayi Wade, has been accused of embezzling about US$200 000 from funds donated by a German NGO. The funds were...

LOCAL NEWS

Following a miscommunication over the rent for their shared flat, a woman from HARARE collaborated with a friend to assault her mother with a...

LOCAL NEWS

South Africa has extended the validity of Zimbabwean Exemption Permits (ZEP) by a further six months, to allow the holders to apply for one...

Celeb Gossip

Archford Gutu is now STRANDED in Dubai and pleading for help to sort out the mess, which he created. And, that is not the...