Business Matching for 2017 Astana Expo China Pavilion Held in Beijing
On March 22, the CCPIT hosted a business matching event in Beijing for the 2017 Astana Expo China Pavilion. Wang Jinzhen, government representative of the China Pavilion and the CCPIT vice chairman, Talgat Doskenov, member of the Presidium of the Atameken National Union of Entrepreneurs of Kazakhstan, Sultan Kinzhakulov, investment counselor at the Embassy of Kazakhstan in China and Aikebaier Mijiti, a Chinese senior political advisor, all attended the event. Also in attendance were more than 120 delegates from the Atameken National Union of Entrepreneurs of Kazakhstan, the International Chamber of Commerce of Kazakhstan, the ministry of National Economy of Kazakhstan, National Company “Astana EXPO- 2017”, investment promotion institutions of Kazakhstan as well as participating Chinese provinces and enterprises.
The preparation work is underway
Preparatory work for the construction of the China Pavilion of the 2017 Astana Expo is undergoing smoothly, and has won appraisal from Kazakhstan’s government and media. In order to further implement the consensus reached by top leaders from both countries and in order to fully serve the function of the World Expo in the promotion of trade and investment, the CCPIT held a business matching event for the Astana Expo China Pavilion, through which delegates from enterprises of both countries can participate in business information exchange. The business matching also gave Kazakhstani participants insight into the information and needs of Chinese provinces and enterprises.
“As an important business association in Kazakhstan, the ‘Atameken’ Entrepreneurs Union is composed of all of the country’s enterprises and its members. Through business matching, the union not only hopes to introduce Kazakhstan to the participating Chinese provinces and enterprises, but also to establish close contacts with them so that both sides can launch cooperation, and propel enterprises from China and Kazakhstan to sign export and investment agreements,” Doskenov said.
Kazakhstan’s delegates introduced economic development of the regions across their country, arrangements of Kazakhstan’s enterprises for participating in business events of China Pavilion, the layout of the Astana Expo showground as well as other arrangements for participating Chinese enterprises.
Broad prospects for cooperation
Kazakhstan is located right in the heart of Eurasia and is an important part on the Silk Road: The Silk Road extends throughout the whole of Kazakhstan. Major overland routes binding the Asia and Pacific Region with the Near East and Middle East and Europe also through Kazakhstan.
The China Pavilion is the first of its kind that is being constructed at the Expo showground, with construction starting on January 19, 2017. At the time of printing, steel structure and steel stud for vertical walls have almost been completed. Twenty-three provinces across China and dozens of large-sized Chinese energy firms are preparing to hold events at the China Pavilion, the scale of which has outnumbered any world expo in the past.
One of Kazakhstan’s priceless treasure is its mineral resources. Kazakhstan is the sixth largest country around the world in terms of mineral resources. Ninety-nine elements have been discovered within its borders, 70 elements are explored, 60 are being recovered and used in Kazakhstan’s soil out of the 110 elements of D.i.mendeleyev’s periodic table. These are oil, gas, uranium, zinc, tungsten, barium, silver, lead, chrome, copper, fluorites, molybdenum and gold.
Besides, attractive and effective use of foreign investment is one of the main trends that is a part of mutually beneficial trade and economic ties between Kazakhstan and other countries.
Globally, Kazakhstan is already the largest wolframium producer, and in terms of wolframium reserves, Kazakhstan holds the first place throughout the world. Kazakhstan’s huge reserves of chrome ore and phosphate are the second largest in the world, Kazakhstan occupies the fourth place globally in terms of lead and molybdenum reserves, and the eighth spot in terms of total ironstone reserves (16.6 billion tones) after Brazil, Australia, Canada, USA, India, Russia and Ukraine.
But that is not all, as exploration in Kazakhstan continues. 160 oil and gas deposits have been explores so far with recoverable reserves at 2.7 billion tons.