17 January 2025 | 16:33

New Chinese center to open in Astana

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Tengrinews.kz - Chinese multifunctional center to open in Astana, according to the press service of the Ministry of Trade and Integration.

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Tengrinews.kz - Chinese multifunctional center to open in Astana, according to the press service of the Ministry of Trade and Integration.

The initiative to create a multifunctional center was discussed at a working meeting of the Minister of Trade and Integration Arman Shakkaliyev with the Vice President of Jiangsu Province SOHO Holdings Group Co. Ding Hai.

The Vice President Ding Hai specified that the new multifunctional center will include a shopping pavilion, a cultural center, and an office of Jiangsu SOHO Holdings Group Co. Ltd.

As noted by the press service, the project will become an important platform for the development of international trade and business, offering a wide range of services: demonstration of Chinese and Kazakh goods, conducting business negotiations and concluding contracts with international partners, services for registration of trade transactions, providing consulting services, etc.

"The implementation of this project will be a significant step in strengthening trade and economic ties between Kazakhstan and Jiangsu Province. China is a strategically important trading partner of Kazakhstan, occupying a leading position in terms of bilateral trade turnover. The head of state set the task of bringing mutual trade with China to $100 billion. Today, we are already seeing the dynamic development of cooperation with Jiangsu Province: in 11 months, trade turnover has doubled, reaching $2.66 billion, and Kazakhstan's exports have increased 3.4 times, amounting to $1.49 billion," Arman Shakkaliyev emphasized.

The main partner in the development of the center will be Center for the Development of Trade Policy "QazTrade."

In addition, in May 2025, Astana plans to host an export-import exhibition of Jiangsu Province, which will become part of a large-scale project.

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