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Qingdao hosts China + Central Asia Industrial and Investment Forum

17:2017.02.2023
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Qingdao hosts China + Central Asia Industrial and Investment Forum
Photo: globaltimes.cn

The two-day forum on industrial and investment cooperation China + Central Asia kicked off in Qingdao on February 16, writes nCa. The event is held under the theme “Jointly promoting high-quality regional economic development based on mutual benefit and win-win progress”.

On this occasion, Chinese President Xi Jinping sent a congratulatory letter to forum participants from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

Xi Jinping stressed China's willingness to share markets, industrial systems and technologies with Central Asian countries, deepen practical cooperation, achieve mutual benefit and win-win results, jointly promote high-quality regional economic development, and build an even closer China-Central Asia community with a common future.

According to CTGN, China has always attached great importance to its relations with the countries of Central Asia. On the economic and trade front, trade between China and the five Central Asian countries jumped from less than 500 million USD at the start of diplomatic relations to 50,1 billion USD in 2022, an increase of more than 100 times.

In addition, China aims to increase trade with Central Asian countries to 70 billion USD by 2030.

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