en.Wedoany.com Reported - New progress has been made in economic and trade cooperation between China's Jiangsu Province and Kazakhstan, with both sides announcing the opening of the Jiangsu Central Asia Center at an economic and trade cooperation forum held in Kazakhstan's capital, Astana. The forum brought together representatives from government agencies and business communities of both countries. Kazakhstan's Minister of Trade and Integration, Arman Shakkaliyev, and Jiangsu Provincial Party Secretary Xin Changxing discussed prospects for investment cooperation.

According to the outcomes reached at the forum, both sides agreed to expand logistics cooperation, including the implementation of a new container project at the Port of Aktau, which will serve as part of a unified "door-to-border" logistics chain. The two sides also agreed to promote the diversification of Kazakhstan's exports, planning to increase the supply of wheat, meat, and honey to Jiangsu Province.

Kazakhstan's Ministry of Trade and Integration stated that China has been one of Kazakhstan's largest trading partners for many years. Last year, bilateral trade volume reached a record high of $49 billion. Meanwhile, Kazakhstan is a key partner for China in Central Asia, accounting for nearly 60% of China's total trade with the region.

Speaking at the forum, Shakkaliyev said: "Today, we invite enterprises from Jiangsu Province to implement joint projects in the fields of industry, agricultural product processing, oil and gas chemicals, and digital technology. I believe that the opening of the Jiangsu Center in Astana will be a natural continuation of our cooperation and a tool for forming new production chains."

Jiangsu Province is one of the world's major industrial hubs, with its industrial output accounting for 4% of the global total. Currently, Jiangsu enterprises have implemented 63 investment projects in Kazakhstan, accounting for 47% of the province's total investment in Central Asia.

The Jiangsu Central Asia Center in Astana will serve as a unified service hub for Chinese enterprises, providing consulting, exhibition and display, as well as support for "Silk Road" e-commerce.

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