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Xi hails 'new level' in ties as China and Kazakhstan sign €11.4bn in deals

Xi Jinping and Kassym-Jomart Tokayev signed more than 70 commercial agreements on the sidelines of the World AI Conference in Shanghai, including Central Asia's first battery plant with CATL and a new Caspian port terminal.

READ MORE : http://www.euronews.com/2026/07/17/xi-hails-new-level-in-ties-as-china-and-kazakhstan-sign-114bn-in-deals

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00:00Xi Jinping and Qasim Jamar Tokayev signed more than 70 commercial agreements worth over $13 billion on the sidelines of
00:08the World AI Conference in Shanghai.
00:10Today, more than 8,500 Chinese-backed companies currently operate in Kazakhstan, as Beijing remains Astana's largest trading partner.
00:19Last year, bilateral trade reached a record of 49 billion U.S. dollars, while cumulative Chinese investment in Kazakhstan exceeded
00:3230 billion U.S. dollars.
00:35Today, more than 8,500 enterprises with Chinese participation operate in Kazakhstan.
00:43Among the flagship deals were plans to build Central Asia's first battery manufacturing plant in partnership with Chinese EV battery
00:50giant CATL, alongside a new multifunctional terminal at Kurokport at the Caspian Sea with an annual capacity of 15 million
00:59tons.
00:59Thirteen international transport corridors pass through our country, while approximately 85 percent of all freight freight traffic between China and
01:11Europe transits Kazakhstan.
01:14We are constructing new railway lines and expanding the capacity of the Trans-Caspian Transport Route, widely known as the
01:23Middle Corridor.
01:24The meeting concluded with the signing of a three-year roadmap for trade and economic cooperation.

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