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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
URUMQI, Oct. 22 (Xinhua) — Thirty agreements, including cooperation between Tacheng and regions of Kazakhstan, were signed at the Baktu Forum held in Tacheng County, northwest China's Xinjiang Uygur Autonomous Region, on Tuesday, with a total value of about 13.1 billion yuan (about 1.85 billion U.S. dollars).
These documents include framework agreements and agreements on foreign trade and investment cooperation, covering areas such as new materials, cross-border tourism, and final assembly and export of auto parts.
The forum brought together business representatives and think tank experts from China, Russia, Kazakhstan, and other countries to discuss cooperation plans, giving new impetus to trade, economic cooperation, and humanitarian exchanges.
Zhi Xianwei, secretary of the district's Party Committee, stated that Tacheng, with its strong resource advantages, is gradually developing industrial clusters and continuously optimizing its business environment. He expressed hope that the forum will serve as a bridge to facilitate the sharing of the benefits of opening up with all parties and deepen cooperation within the country and with foreign countries.
As a reminder, the forum is named after the Baktu checkpoint located in the district on the Chinese-Kazakh border, which experiences both significant cargo turnover and a large tourist flow.
First held in 2012, the event is now in its fourth year and will be held annually starting this year. The forum is expected to become an important platform for regular exchanges and cooperation between countries participating in the Belt and Road Initiative.
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