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Event

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China to strengthen the cooperation to promote the development of Central Asia regions, official

November 15, 2018


Abstract : China will strengthen the cooperation with other countries, in the fields of monetary circulation, equity refinancing, green finance, and infrastructure connectivity, to jointly promote the sustainable development of Central Asia regions.

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BEIJING, Nov. 15 (Xinhua) -- China will strengthen the cooperation with other countries, in the fields of monetary circulation, equity refinancing, green finance, and infrastructure connectivity, to jointly promote the sustainable development of Central Asia regions, Chen Yulu, deputy governor with People’s Bank of China said at Central Asia Investment Forum in Beijing.

Chen said that China has become one of the most important trade cooperation partners and investors of Central Asian countries at present, the two sides have made a deep cooperation in trade, investment, and finance.

Statistics released by State Information Center showed that trade value of Central Asia and China reached 36 billion U.S. dollars in 2007, up 19.8 percent year on year. Among them, Central Asia's energy, minerals, agriculture, infrastructure and other areas have huge investment potential.

China and Central Asian countries are actively engaged in investment and financing cooperation in infrastructure, manufacturing, oil and gas, and minerals. Currently, Chinese banks have invested in more than 100 projects in Central Asia, said Chen. (Edited by Ma Xin, maxin11@xinhua.org)


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