Tokayev proposes annual Kazakhstan-China investment forum in Almaty

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President Kassym-Jomart Tokayev proposed holding the Kazakhstan-China investment forum annually in Almaty under the name 'Kazakhstan-China Almaty Investment Dialogue'. He announced the signing of several concrete agreements during the forum. The proposal came as Samruk-Kazyna issued panda bonds exceeding 3 billion yuan ($450 million) on China's interbank market.
Key Facts
- President Tokayev proposed holding the Kazakhstan-China investment forum annually in September in Almaty under the name 'Kazakhstan-China Almaty Investment Dialogue'.
- Samruk-Kazyna issued panda bonds exceeding 3 billion yuan ($450 million) on China's interbank market in early September, becoming the first issuer from Central Asia and SCO countries.
- An agreement was signed to establish a Kazakhstan-China investment fund under the Kazakh Invest national company.
- Tokayev stated that several concrete agreements were reached during the forum.
- The President highlighted close cooperation between the Astana International Financial Centre and Hong Kong as opening broad opportunities.
Forum Proposal
President Kassym-Jomart Tokayev said the Kazakhstan-China investment forum should become a permanent platform strengthening direct contacts between the business communities of the two countries. He proposed holding the forum annually in September in Almaty under the name 'Kazakhstan-China Almaty Investment Dialogue'. Tokayev noted that several concrete agreements were reached during the forum. He expressed confidence that these agreements would give a fresh impetus to the sustainable development of Kazakhstan, China, and the entire Eurasian continent.
Financial Cooperation
Tokayev reminded forum participants that implementing such projects requires an appropriate financial structure. He spoke about the Astana International Financial Centre, which has been operating successfully for several years. The President said close cooperation between the AIFC and Hong Kong, one of the world's leading financial centres, opens broad opportunities. In early September, Samruk-Kazyna entered China's interbank market, becoming the first issuer among Central Asian and SCO countries. The fund issued panda bonds totaling more than 3 billion yuan ($450 million).
Investment Climate
Kazakhstan intends to make the investment cycle as short, transparent, and technologically advanced as possible. The signing of an agreement to establish a Kazakhstan-China investment fund under Kazakh Invest is an important step in this direction. Tokayev also noted that Kazakhstan places special emphasis on strengthening eternal friendship ties with China.