China invests $27bn in Kazakhstan’s economy

September 02, 2025 (MLN): China has invested a total of $27 billion into Kazakhstan’s economy, highlighting the depth of bilateral economic cooperation between the two nations.

President Kassym-Jomart Tokayev made the declaration while addressing the Kazakhstan–China Business Council, which opened today in Beijing, the Akorda press service reported, according to APP.

Tokayev noted that more than 6,000 enterprises with Chinese participation are currently operating in Kazakhstan, ranging from industry leaders such as CNPC, CITIC, SINOPEC, and HUAWEI to medium-sized businesses.

He described his recent talks with Chinese President Xi Jinping as “fruitful” and “worthy of the highest appreciation,” expressing gratitude to Xi for his role in strengthening Kazakh-Chinese relations.

The Kazakh leader emphasized that Kazakhstan remains the largest economy in Central Asia, with its GDP expected to surpass $300bn by the end of 2025.

He attributed the growth to economic diversification, reforms to improve the investment climate, and expanding cooperation with China.

Tokayev also pointed to new initiatives to attract investors, including the launch of a national digital investment platform and the establishment of an Investments Headquarters to address challenges faced by investors. He

The importance of the investment protection agreement signed during Xi Jinping’s visit to Kazakhstan in June was also emphasized, as well as the visa-free regime, which has eased business relations between the two countries.

The President expressed confidence that the ongoing Business Council meeting would contribute to the further expansion of trade and investment ties, reinforcing Kazakhstan’s strategic role as a key economic partner for China in the region.

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