(MENAFN- Trend News Agency) ASTANA, Kazakhstan, December 19. Kazakhstan's
Astana Motors LLP and Chinese automobile manufacturing company
Chery International Co., Ltd. have signed a Memorandum of
Cooperation, Trend reports.
The signing ceremony took place following the visit of Deputy
Prime Minister of Kazakhstan Roman Sklyar to the city of Hefei
(China).
The document provides for the development of strategic
cooperation between the above-mentioned enterprises of Kazakhstan
and China in the field of joint construction of an automobile
industrial park in the Almaty Industrial Zone.
In addition, the Kazakh delegation visited and got acquainted
with the main activities of the production bases of one of the
largest Chinese automotive companies, JAC Group (JAC Xinggang) and
JAC NIO, as well as the Economic and Technological Development Zone
of Hefei and the Chinese energy company Sungrow Power Supply Co.,
Ltd.
In 2022, Kazakhstan's trade turnover with China amounted to
$24.1 billion, which is 34.1 percent more than a year earlier.
Exports from Kazakhstan increased over the year by 34.7 percent,
to $13.2 billion. The share of Kazakhstan's exports to China
accounted for a significant 15.6 percent of the country's total
trade turnover.
Imports from China to Kazakhstan grew by 33.5 percent over the
year, to $11 billion. China's share in the structure of imports
from the Republic of Kazakhstan amounted to 21.9 percent.
MENAFN19122023000187011040ID1107622698
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.