Astana (TDI): Trade between Kazakhstan and China continues to grow, reaching $43.8 billion in 2024, according to China’s General Administration of Customs.
Kazakhstan’s exports to China amounted to $15.8 billion, marking a 9 percent increase from the previous year.
These figures were announced by Han Chunlin, China’s newly appointed ambassador to Kazakhstan, during a meeting with Kazakh Minister of Trade and Integration Arman Shakkaliyev.
“This trend confirms our steady progress toward the ambitious goal of doubling bilateral trade turnover in the near future,” the envoy stated.
The meeting focused on increasing Kazakh-Chinese trade and economic collaboration, with particular emphasis on e-commerce platforms.
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Shakkaliyev underlined that bilateral trade reached a historic high last year and reaffirmed Kazakhstan’s commitment to diversifying its exports while expanding the range of products supplied to China.
He also announced plans for trade and economic missions this year, alongside Kazakhstan’s participation in major exhibitions in China.
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A key discussion point was the development of online trade through top Chinese e-commerce platforms, including JD.com, Alibaba, and Douyin.
Kazakhstan’s e-commerce industry has witnessed rapid growth in recent years.
According to the Ministry of Trade and Integration, online transactions from January to November last year totaled about 3.2 trillion KZT (over $6 billion), accounting for 14.5 percent of total retail trade.
As Kazakhstan strengthens its trade relations with China, digital commerce is likely to play an increasingly important role in bilateral economic ties.