21.02.2011, 17:10 3886

China's success - key driving force of global growth

Kazakh President Nursultan Nazarbayev lauded China's development, saying China's economic success is an important driving force of the global economic growth, Kazakhstan Today reports.

Almaty. February 21. Kazakhstan Today - Kazakh President Nursultan Nazarbayev lauded China's development, saying China's economic success is an important driving force of the global economic growth, Kazakhstan Today reports.

Over the past decades, China's development has made great leaps in various key fields, Nazarbayev said in a written interview with Xinhua recently, Xinhua reported.

Kazakhstan and China are neighbors that have close cooperation in economic and political fields, said Nazarbayev, who will visit China on Feb. 21-23 at the invitation of Chinese President Hu Jintao.

Nazarbayev noted that currently there are more than 1,000 Chinese enterprises in Kazakhstan, which are cooperating with Kazakh companies to build oil and gas pipelines, highways, hydropower stations and factories, among others.

The latest statistics have showed that trade value between the two countries has almost doubled to surpass 20 billion U.S.dollars in 2010.

In the future, Kazakhstan hopes to deepen its cooperation with China, placing priorities on such areas as high technology and the construction of railways and highways, including high-speed railways, he said.

During the visit this time, the two sides are expected to sign a series of agreements on alternative energy, chemical industries as well as oil and gas projects, the Kazakh president said.

On cooperation within the framework of the Shanghai Cooperation Organization (SCO), Nazarbayev stressed that as the defender of regional security and stability, the status of the SCO is increasingly rising and China has made very important contribution to the consolidation of world and regional security.

The settlement of border issues between member countries through dialogue is the SCO's main achievement, he said, believing this helps enhance mutual trust and broaden multilateral and bilateral cooperation among SCO members.

In addition, he said, the economic cooperation within the framework of the SCO is also important, because the main social and economic issues in the region can only be solved through joint efforts made by all parties.

The SCO, established in 2001, includes six member states - China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. It is marking its 10th anniversary this year.

Kazakhstan, this year's rotating chair state of the SCO, will host a SCO summit in its capital city of Astana on June 15 to review the development of the organization over the past decade and to discuss and formulate its future missions.

In the coming decade, the SCO should fully tap its potential and coordinate the interests of energy producers, transporters and consumers, said Nazarbayev.

This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.

Found an error in the text?

Select the error and press Ctrl + Enter at the same time.

relevant news

Most viewed