On June 26, Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic Bakyt Torobaev attended the official opening of the Kyrgyz-Chinese (XUAR) Trade and Economic Cooperation Centre in Urumqi, in China’s northwestern Xinjiang Uygur Autonomous Region (XUAR).
Established with authorization from the Trade Mission under the Ministry of Economy and Commerce of the Kyrgyz Republic in China, the centre occupies an area of over 400 square metres in the Xing Long Industrial Park, owned by Xing Long Corporation of Xinjiang.
The main remit of the centre is to serve as a platform for negotiations between Kyrgyz and Chinese businesses through thematic meetings, events, presentations of projects, as well as the provision of up-to-date information on investment and opportunities for cooperation on joint projects in Kyrgyzstan.
The Xing Long Corporation of Xinjiang earlier expressed interest in developing an industrial park in Kyrgyzstan to attract business from Chinese companies.
