China invested in economy of Kazakhstan - $8 billion
China became one of the largest investors in the economy of Kazakhstan with total volume of investments of $8.4 billion. The Secretary of State - the Minister for Foreign Affairs of Kazakhstan, Kanat Saudabaev, said in his speech in the Academy of Social Studies of the Peoples Republic of China, the agency reports citing official mass media.
Almaty. February 24. Kazakhstan Today - China became one of the largest investors in the economy of Kazakhstan with total volume of investments of $8.4 billion. The Secretary of State - the Minister for Foreign Affairs of Kazakhstan, Kanat Saudabaev, said in his speech in the Academy of Social Studies of the Peoples Republic of China, the agency reports citing official mass media.
The Minister of Foreign Affairs of Kazakhstan noted that since 1992 volume of bilateral trade between Kazakhstan and China has increased by more than 25 times, having reached in 2008 a record mark - $17.5 billion.
Certainly, the world crisis has negatively impacted these indicators. At the same time, the results of 2009 and further joint development plans give us confidence that we will return to the previous records," K. Saudabaev said.
The Secretary of State of Kazakhstan expressed gratitude of the Peoples Republic of China for financial support in the size of $13.5 billion on realization of the important infrastructural projects.
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