Kazakh Minister of Trade and Integration Arman Shakkaliev met with the Ding Hai, Vice President of SOHO Holdings Group, El.kz reports.
The meeting discussed the initiative to create a multifunctional center in Astana.
The project will become an important platform for the development of international trade and business, offering a wide range of services.
During the talks, Ding Hai noted that the new multifunctional center will include a trade pavilion, a cultural center, as well as the office of Jiangsu SOHO Holdings Group Co. Ltd.
In addition, an export-import exhibition of Jiangsu Province is planned to be held in Astana in May 2025.
In his turn, Kazakh Minister of Trade Arman Shakkaliev assured that Kazakhstan will provide comprehensive support at all stages of the project.
"The implementation of this project will be a significant step towards strengthening trade and economic ties between Kazakhstan and Jiangsu Province. China is a strategically important trading partner of Kazakhstan, occupying a leading position in terms of bilateral trade" the minister said.
He emphasised that the Head of State set the task of bringing mutual trade with China to $100 billion and the dynamic development of cooperation with Jiangsu Province.
In 11 months, the trade turnover has doubled, reaching $2.66 billion, and Kazakhstan's exports have increased 3.4 times, amounting to $1.49 billion.