Tokayev’s China Visit: $15 Billion in Deals and a Strong Focus on Artificial Intelligence

Political

Kazakhstan and China have taken another major step in strengthening their strategic partnership. During President Kassym-Jomart Tokayev's working visit to China, the two countries focused on expanding cooperation in artificial intelligence, advanced technologies, transport infrastructure and industrial development, while signing commercial agreements worth a total of $15 billion.

Tokayev’s China Visit: $15 Billion in Deals and a Strong Focus on Artificial Intelligence
President Tokayev arrived in China at the invitation of President Xi Jinping. His visit includes high-level talks, participation in the World Artificial Intelligence Conference (WAIC), and meetings with executives of leading Chinese companies.

During a roundtable with technology business leaders, Tokayev noted that bilateral trade reached a record $49 billion last year, while Chinese investment in Kazakhstan has exceeded $30 billion. More than 8,500 enterprises with Chinese participation are currently operating in the country.

The President described artificial intelligence as one of the main drivers of Kazakhstan's future economic growth. Priority initiatives include the Data Center Valley project in Ekibastuz, the Smart Cargo digital logistics platform, Smart City technologies in Alatau, and the digital transformation of the agricultural sector.

More than 70 commercial agreements worth approximately $15 billion were signed during the visit. The deals cover artificial intelligence, transport, energy, automotive manufacturing, logistics, industry and education. Major projects include partnerships involving Samruk-Kazyna, Huawei and Geely, development of the Kuryk port infrastructure, production of Li Auto, OMODA and JAECOO vehicles, and the establishment of a joint institute between Al-Farabi Kazakh National University and Soochow University.

Kazakhstan also reaffirmed its commitment to providing modern infrastructure, government support and legal guarantees for foreign investors implementing long-term joint projects.

Powered by Froala Editor

Share with friends