China-Eurasia Investment and Trade Promotion Center Opens Comprehensive Service Hall in Urumqi

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Aug. 19 (Xinhua) — The opening ceremony of the China-Eurasia Investment and Trade Promotion Center (hereinafter referred to as the Center) comprehensive service hall was held in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, on Aug. 18. On the same day, branches of the center opened in Kazakhstan and Tajikistan, Zhongxinshe News Agency reported.

“The center united 82 domestic and foreign institutions and organized more than 50 enterprises to conduct special trade and economic research in countries such as Kazakhstan and Uzbekistan,” said the head of the center, Wang Hong.

A representative of one of the Tajik companies noted that the establishment of the Center's branch in Tajikistan has built an effective bridge for interaction between enterprises of the two countries. Thanks to regular business negotiations, industry forums and other events, exchanges and cooperation between enterprises of Tajikistan and China will deepen.

Representatives of foreign enterprises engaged in the development of the Chinese and Central Asian markets also expressed hope for deepening cooperation with Chinese partners in areas such as agriculture, energy and infrastructure, as well as facilitating bilateral investment.

Let us recall that the China-Eurasia Investment and Trade Promotion Center began operating in Urumqi in April this year and has already established cooperation with 11 countries and has 4 domestic and 3 overseas branches. The center has 4 main functions: information exchange, policy consultation, investment cooperation and trade promotion. It provides services in 9 areas: administrative, legal, financial and tax, financial, commercial, logistics, scientific and technical, cultural and personnel, striving to create an international comprehensive service platform.

As a key region of the Belt and Road Initiative, Xinjiang has continuously deepened trade and economic ties with Central Asian countries, and their bilateral trade volume has been steadily increasing. -0-

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