President Kassym-Jomart Tokayev meets with Chinese Business leaders

Expanding Kazakhstan-China Economic Cooperation

• 💡 During an official visit to China, President Kassym-Jomart Tokayev held a series of meetings with major Chinese corporations to expand bilateral economic cooperation.
• 🎯 Discussions focused on key sectors including energy, infrastructure, transport, and digitalization.
• 💰 Following a business council meeting, over 70 commercial agreements worth more than $15 billion US dollars were signed, signaling strong interest in future business.

Advancing Green Energy and Localization

• 🌱 A significant highlight was the inauguration of Kazakhstan's first wind energy components plant in the Shu Jambul region.
• 🤝 This facility, a partnership between Samruk-Kazyna and Sany Renewable Energy, will produce gondola towers and essential components for wind power stations.
• ⚡ The plant has a capacity of two gigawatts per annum and will support renewable energy projects with partners like Total, Masdar, and ENI, promoting localization of high-tech equipment and creating new jobs.

Strategic Partnerships Across Key Sectors

• 🔑 President Tokayev also met with leaders of various Chinese companies, highlighting CNPC as a long-standing strategic partner in the oil and gas sector, discussing the modernization of the Shymkent refinery and a URA plant.
• 🚀 Further meetings with companies like Huawei, CITIC Group, Energy China, CNNC, and CRRC covered areas such as advanced technologies, renewable energy, locomotive production, nuclear and power infrastructure, and digital transformation.
• ✅ These partnerships aim to strengthen Kazakhstan's industrial and energy sectors, promote the localization of production, and advance sustainable development.