On September 21, a Kyrgyz-Chinese Center for Trade and Economic Cooperation was opened in Xi’an in China’s Shaanxi Province.
The new center, which occupies an area of 1,000 square meters, will hold exhibitions of products manufactured in Kyrgyzstan, provide information about the country, and organize meetings between Kyrgyz and Chinese entrepreneurs.
On the same day, a 200-square-meter trade pavilion of Kyrgyzstan opened in downtown Xi’an. The pavilion will permanently display Kyrgyz products sold offline and online through applications such as Douyin, WeChat, and Pingduoduo.
The Xi’an municipality provided Kyrgyzstan with a total area of 1,200 square meters free of charge for three years.
“The trade center and pavilion will become an incentive for the development of trade turnover between the two countries, where Chinese consumers will be able to get acquainted with the products of Kyrgyzstan,” Deputy Chairman of the Kyrgyz Cabinet of Ministers Bakyt Torobaev said at the opening ceremony of the center.
Xi’an also hosted a business forum attended by representatives of more than 200 companies from Kyrgyzstan and Shaanxi Province.
During the forum, representatives of government agencies in Kyrgyzstan and China and entrepreneurs discussed investment opportunities in sectors such as industry, tourism, transport, and agriculture.
In 2023, trade turnover between China and Kyrgyzstan amounted to $20 billion, a 32% increase compared to 2022. Bilateral trade reached almost $11 billion from January to July this year.
