China implements over 500 Kazakh investment projects - Chen Zhili

14:11, 9 January 2012

ASTANA. January 9. KAZINFORM /Muratbek Makulbekov/ China is implementing more than 500 Kazakh investment projects. Chen Zhili, Vice Chairwoman of the Standing Committee of China's National People's Congress, has made it public at a meeting with Chairman of the Kazakh Senate Kairat Mami.

"During 20 years the Chinese-Kazakh relations have passed tests and changes of both the internal and international situation. They are developing dynamically. Thanks to personal attention and promotion of our leaders, cooperation in various spheres gained tremendous momentum and reached a high level," Chen Zhili said.

She noted that Chairman Hu Jintao and President Nursultan Nazarbayev have met 24 times. They plan relationships between the two countries.

In the political sphere Kazakhstan and China render mutual respect and support to each other in important issues. On the basis of mutual benefit they implemented a number of socio-significant events in trade-economic, energy and non-oil and gas sectors of economy.

The mutual trade turnover exceeded USD 20 billion in 2010. Direct investments of China in Kazakhstan exceed USD 13 billion, 950 Chinese enterprises actively operate in Kazakhstan.

More than 500 investment projects of Kazakhstan are implementing in China.

Diplomacy News Parliament