00:00Xi Jinping and Qasemzhemar Tokayev signed more than 70 commercial agreements worth over $13 billion
00:06on the sidelines of the World AI Conference in Shanghai.
00:10Today, more than 8,500 Chinese-backed companies currently operate in Kazakhstan,
00:16as Beijing remains Astana's largest trading partner.
00:19Last year, bilateral trade reached a record of US$49 billion, while cumulative Chinese investment in Kazakhstan exceeded US$30
00:33billion.
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
00:48in partnership with Chinese EV battery giant CATL,
00:52alongside a new multifunctional terminal at Kurokport at the Caspian Sea with an annual capacity of 15 million tons.
00:5913 international transport corridors pass through our country,
01:05while approximately 85% of all freight freight traffic between China and Europe transits Kazakhstan.
01:13We are constructing new railway lines and expanding the capacity of the Trans-Caspian Transport Route,
01:21widely known as the Middle Corridor.
01:24The meeting concluded with the signing of a three-year roadmap for trade and economic cooperation.
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