The volume of cargo transportation between Kazakhstan and China has increased significantly in 2023, the President of Kazakhstan Kassym-Jomart Tokayev said during a speech at the plenary session of the Boao Forum for Asia, held annually in the Chinese province of Hainan, Trend reports.
“The current state of relations between Kazakhstan and China serves as an example of a successful collaboration, as our country has emerged as China’s primary trading and economic partner in Central Asia. China makes up half of the commerce and investment in the region with Kazakhstan. The amount of trade that took place between China and Kazakhstan last year was $41 billion, a record. 2023 saw a 22 percent growth in the amount of cargo transported between our two nations, totaling nearly 30 million tons,” he stated.
According to Tokayev, the mega-project ‘One Belt, One Road’ was first presented during the visit of Chinese President Xi Jinping to Kazakhstan more than ten years ago.