LINE

Text:AAAPrint
Business

China-central Asia trade seeing fast growth

1
2014-02-13 16:58:58Xinhua ECNS App Download

  Trade between China and central Asian countries, including Kazakhstan, Uzbekistan, Tajikistan and Kyrghyzstan, climbed 13 percent year on year to reach 40 billion U.S. dollars in 2013, an official said on Thursday。

  Bilateral trade between China and Kazakhstan rose to 28.6 billion U.S. dollars while that between China and Uzbekistan topped 4 billion U.S. dollars, up 11.3 percent and 58.3 percent respectively, Ministry of Commerce (MOC) spokesman Yao Jian said。

  With such momentum, a trade target of 40 billion U.S. dollars set for China and Kazakhstan by 2015 and one of 5 billion U.S. dollars for China and Uzbekistan by 2017 are expected to be met, Yao added。

  In a speech at Kazakhstan's Nazarbayev University last September, Chinese President Xi Jinping proposed to establish a Silk Road Economic Belt, similar to the original, ancient Silk Road of more than 2,000 years ago, to boost cooperation between China and Eurasian countries。

  The MOC will continue with measures in this regard, including facilitating cargo transportation and personnel exchange, promoting e-commerce and the use of RMB in settlement, Yao said。

  The ministry is considering setting up cross-border economic cooperation zones in places "where conditions are ripe," he added。

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.