China and Kazakhstan sign $2 billion in deals as Xinjiang party chief visits the Central Asian nation
Beijing keen to restore stability in Xinjiang, a key part of its ‘One Belt, One Road’ strategy to develop transport links across Asia and beyond
China and Kazakhstan signed US$2 billion in deals during a trip to the Central Asian country by the Communist Party chief of China’s far western region of Xinjiang, state media said on Friday, as Beijing promotes its new Silk Road initiative.
Restive Xinjiang, strategically located on the borders of Central Asia, Pakistan, India and Afghanistan, is a key part of what China officially refers to as its “One Belt, One Road” strategy to develop trade and transport links across Asia and beyond.
Visiting Kazakh capital Astana and commercial hub Almaty from May 1 to 4, Xinjiang’s party chief and top official, Zhang Chunxian, said Xinjiang and Kazakhstan would both benefit from the new Silk Road, the official Xinjiang Daily said.
China was keen to get more Xinjiang companies to invest in Kazakhstan and was pleased with the warm reception the ones already in Kazakhstan had received, Zhang was quoted as saying.
He also visited the company which oversees the pumping of Central Asian gas into Xinjiang via Kazakhstan, the paper added.