Almaty eyes industrial partnership with China’s Yuexing Group
Almaty Mayor Darkhan Satybaldy paid a working visit to China, Kazinform News Agency has learnt from the Almaty akimat’s press service.
During his working visit to the People’s Republic of China, Satybaldy toured the production and business complex of Yuexing Group — one of the country’s largest diversified corporations, established in 1988 in Shanghai.
Yuexing Group ranks among China’s leading private enterprises and key players in the national market. Over the past 35 years, the company has developed a diversified business portfolio spanning furniture manufacturing, retail, real estate development, hospitality, and other industries.
During the meeting, Satybaldy highlighted the strong potential for cooperation and the opportunities to implement large-scale projects in Almaty.
“Almaty has an Industrial Zone equipped with all the necessary infrastructure to host production facilities. Our city can serve as a gateway for your company’s entry into the Eurasian Economic Union market,” the mayor emphasized.
Following the talks, a preliminary agreement was signed between the Almaty akimat and Yuexing Group in the field of construction.
As reported earlier, Kazakhstan has showcased its growing export potential through cooperation at the 8th China International Import Expo (CIIE) in Shanghai.
