Kazakhstan and China Strengthen E-Commerce Cooperation for Economic Growth
Kazakhstan and China are enhancing ties in e-commerce to expand their economic partnership. Minister Arman Shakkaliev and Ambassador Han Chunlin discussed trade growth and online platforms, noting significant sales through Alibaba and JD.com. Bilateral trade reached $43.8 billion in 2024, with exports increasing by 9%. Future collaboration will focus on infrastructure and specialized sectors.
Kazakhstan and China are collaborating to enhance electronic commerce and deepen their economic partnership. The Minister of Trade and Integration, Arman Shakkaliev, met with Chinese Ambassador Han Chunlin to explore trade expansion and international e-commerce platforms. They highlighted successful initiatives on platforms like JD.com and Alibaba, where Kazakhstan’s national pavilion now showcases over 7,500 products, generating significant sales.
Shakkaliev noted that bilateral trade reached a historic peak by the end of 2024, with Kazakhstan focused on diversifying its exports. Ambassador Han emphasized the growth in trade relations and proposed collaboration in sectors like energy and agriculture. He invited Kazakh entrepreneurs to participate in the upcoming China International Import Expo, scheduled for July.
The discussions also covered developing modern infrastructure for online trading and enhancing warehouse facilities. Kazakhstan plans to conduct trade missions and attend key exhibitions in China in 2025. Latest data indicates that bilateral trade volume between the two nations reached $43.8 billion in 2024, with Kazakhstan exporting $15.8 billion to China, showing a 9% increase.
Kazakhstan and China have been strengthening their trade ties, particularly in the realm of e-commerce. The discussions between Kazakhstan’s trade minister and the Chinese ambassador mark a significant step in enhancing collaboration in various sectors. With both countries looking to boost exports and utilize online platforms effectively, this partnership stands to benefit from the rapid growth in e-commerce and digital trade initiatives.
The meeting between Kazakhstan and China signifies a commitment to expanding bilateral trade and enhancing electronic commerce. With successful initiatives already in place on major platforms, both countries are well-positioned to grow their economic relationships in various sectors, including energy and agriculture. Continued collaboration and participation in international events will further solidify this partnership.
Original Source: en.trend.az
