- 1
- 19.05.2023 16:16:00
- 4 min read
On the second day of the state visit of the President of Uzbekistan Shavkat Mirziyoyev to China, a number of business events were held.
The head of state, accompanied by the deputy prime minister of the PRC State Council, He Lifen, visited the exhibition of Uzbekistan-China cooperation in Xi'an these days.
The delegations visited the stands dedicated to the cooperation of the two countries in the fields of industry, infrastructure development, agriculture, science, education and innovation. Detailed information was provided on the results and plans of mutually beneficial partnerships, new agreements reached, and promising investment projects specially developed for implementation in Uzbekistan on the eve of the visit.
Within the framework of the exhibition, a solemn launch ceremony of new joint projects was held through the telebridge between the city of Sian and the regions of Syrdarya, Tashkent, Jizzakh and Samarkand.
President Shavkat Mirziyoyev pressed a symbolic button and launched 15 projects worth 3.3 billion dollars - automobiles and electric cars, construction materials, a wide variety of metal products, medical equipment production facilities and started the construction of new enterprises.
After that, the President of Uzbekistan held a meeting with leading representatives of Chinese businessmen, finance and investment circles.
The event was attended by Vice Premier of the State Council of the People's Republic of China He Lifen, Secretary of the Party Committee of Shaanxi Province of the Communist Party of China Zhao Ide, President of the Asian Infrastructure Investment Bank Jin Lixun, Chairman of the China International Trade Promotion Council Ren Hongbin and China National Oil and Gas Corporation, China national chemical engineering company, China CAMC Engineering, BYD Auto Industry, Sungrow Power Supply, China North Industries Corporation, Xinjiang Hualing Group, China Aerospace Science and Industry Corporation, Huawei Technologies, China Development Bank, Eximbank and more than 100 large companies, corporations , heads of banks, commercial and financial organizations took part.
The head of state welcomed the participants of the event held in the form of a roundtable discussion, noting that this meeting has a symbolic meaning that it is being held in one of the economic centers of China, in the ancient city of Xi'an, which started the Great Silk Road many centuries ago.
The President of Uzbekistan emphasized that the cooperation between the countries has reached an unprecedented level in recent years. It was noted that mutual trade has doubled to 9 billion dollars. The volume of Chinese investments in Uzbekistan approached 11 billion dollars for the first time.
Today, more than 1,700 enterprises with the participation of Chinese investment are successfully operating in the country. A number of large joint projects are being implemented in energy, oil and gas, chemical, mining, textile and other sectors.
It was noted with great satisfaction that yesterday's talks with the President of the PRC, Xi Jinping, were fruitful, during which special attention was paid to the issues of using the bilateral trade-economic and investment potential, creating favorable conditions for Chinese companies in the Uzbekistan market.
It was noted that joint business events were successfully held within the framework of the visit of the President of Uzbekistan. Agreements were reached on the implementation of new high-tech industry, trade and investment projects with a total value of more than 25 billion dollars in energy, chemistry, metallurgy, geology, automobile industry, electrical engineering, construction and other sectors.
"All this is evidence of the obvious achievements of the Uzbekistan-China cooperation and the great interest of the parties in expanding the mutually beneficial partnership," the president said.
The head of state drew the attention of the participants of the meeting to the fact that the investment environment in the country has improved significantly, and the most favorable conditions have been created for investors. It was shown that Uzbekistan has a wide range of opportunities for the establishment of production facilities for high-value-added products and subsequent export to third countries. In this regard, it was noted that "green" energy, chemistry, automobile industry, electrical engineering, metallurgy, agriculture, pharmaceuticals, healthcare and other industries are particularly promising.
The President expressed readiness to provide Chinese business with the necessary production infrastructure and a stable market, support it in every way, jointly finance projects, and called on Chinese businessmen to take advantage of these unique opportunities.
During the exchange of views, the leaders of Chinese corporations, companies and banks said that they are determined to further develop cooperation with Uzbekistan. We are ready to expand practical cooperation in priority areas, especially in the organization of high-tech and innovative productions
