The inaugural meeting of the China-Central Asia Business Council was held to build a high-quality platform for multi-bilateral cooperation and exchanges.

CCTV News:In China — During the Central Asia Summit, yesterday (May 19th), China — The inaugural meeting of the Central Asian Industrialists Committee was held in Xi ‘an, Shaanxi. The establishment of the Committee will build a high-quality platform for multi-bilateral cooperation and exchanges between the industrial and commercial circles of China and the five Central Asian countries, and provide institutional guarantee for all parties to carry out all-round mutually beneficial and win-win cooperation.

As China — As a supporting activity of the Central Asia Summit, the theme of this meeting is "Work together for common development and the future together". More than 400 business associations and business representatives from China and five Central Asian countries attended the meeting, mainly from China, such as energy, construction, logistics, food, information and communication — Key hot areas of economic and trade cooperation in Central Asia. At the meeting, the China Council for the Promotion of International Trade and the Business Association of Five Central Asian Countries jointly initiated the establishment of China — Central Asian industrialists’ committee. The members of the Industrialist Committee will support each other in economic and trade information sharing, group visits, economic and trade activities and commercial legal services, and will not hold business docking, negotiation and promotion activities from time to time to build a bridge for trade and investment cooperation between enterprises.

The event also specially set up a topic discussion session, and the participants conducted in-depth discussions and exchanges on topics such as energy industry chain cooperation, green economy, regional interconnection, and building a "the belt and road initiative" with high quality.

Fang Yanshui, General Manager of China Machinery Industry Engineering Group:We have established long-term and stable cooperative relations with many partners in five Central Asian countries, such as infrastructure, industrial engineering, urban and rural development and other businesses, especially new energy, with the contract value exceeding 3 billion US dollars. Under the guidance of the mechanism of the Industrialists’ Committee, we will promote deepening cooperation with the five Central Asian countries in various fields and make our due contribution to the economic development and people’s livelihood and well-being of the five Central Asian countries.

China — The establishment of the Central Asian Industrialists’ Committee marks China — Industrial and commercial cooperation under the framework of Central Asia mechanism has reached a new level.

Zhang Shaogang, Vice President of China Council for the Promotion of International Trade:Since the establishment of diplomatic ties more than 30 years ago, the cooperation between China and the five Central Asian countries has been growing steadily, and the trade volume between the two sides has expanded more than 100 times, and China’s investment in the five Central Asian countries has reached more than 15 billion US dollars. With this platform, the China Council for the Promotion of International Trade will carry out more trade and investment promotion activities with the five Central Asian countries, promote the upgrading of bilateral economic and trade cooperation, strengthen the interconnection between the two sides, and make the cooperation results of the two sides better benefit the enterprises and people of both sides.