Leveraging The Belt And Road Initiative, Chinese Enterprises Continue To Explore The Central Asian Market
During the China-Central Asia Summit, the Kazakhstan-China Investment Roundtable was held in Xi'an, Shaanxi as a supporting event. General Technology Group Chairman and Party Secretary Yu Xubo said in his speech at the meeting that General Technology Group has established a trade cooperation relationship with Kazakhstan ALLUR Group since 2014. Cooperation in areas such as automobile production capacity cooperation, infrastructure construction, and cross-border e-commerce has continued.
Yu Xubo introduced that since the "Belt and Road" initiative was proposed ten years ago, relying on the advantages of overseas business services accumulated through the introduction of major technical equipment, General Technology Group has actively participated in the "Belt and Road" construction and international production capacity cooperation. Famous and high-quality projects with influence in the market are also implementing industrial chain cooperation projects in more than 20 countries and regions around the world, and Central Asia is one of its deeply cultivated markets.
"In 2019, China National Machinery Import and Export Group Co., Ltd., a subsidiary of the group, and Jianghuai Automobile jointly invested in ALLUR Group, one of the 100 'champion enterprises' supported by Kazakhstan's national industrial revitalization plan. The new ALLUR Group has steadily improved its business performance since its operation. , the supply chain remains overall stable, production and sales continue to increase, and 70,000 vehicles will be produced in 2022, and the production line will reach full capacity.” In Yu Xubo’s view, the project has promoted the mutual benefit of the two countries’ automobile industries with practical results, and has driven local Employment and economic development have provided a model for China and Kazakhstan to carry out production capacity cooperation.
On the day of the meeting, Kazakhstan's only national pavilion established in China's e-commerce channel "JD Kazakhstan National Pavilion" was officially launched, and the operation right of the national pavilion was awarded to the emerging company of General Technology Group. At present, more than 50 special products have been launched successively, including imported candy, camel milk powder, safflower oil, etc. Yu Xubo said that the opening of the JD.com Kazakhstan National Pavilion will become a new highlight of the economic cooperation between the two countries and benefit tens of thousands of consumers in China.
In addition, at the inaugural meeting of the China-Central Asia Entrepreneurs Committee, another supporting event of the China-Central Asia Summit, Kang Hubiao, Secretary of the Party Committee and Chairman of General Technology International Corporation, said in his speech on the topic that for the Central Asia region, in addition to investing in Kazakhstan In addition to ALLUR Group, the largest automobile manufacturer and seller in Stan, General Technology International has also achieved a contract value of more than US$1 billion in the fields of railway electrification transformation, track equipment export and agriculture in the Uzbekistan market, and has several benefits for the people Green projects are being followed up continuously.
"General Technology International, which has been deeply involved in Central Asia for many years, is undergoing a green transformation, increasing the market layout of clean energy power generation and energy storage business, focusing on promoting the construction of a new supply chain system, and seeking to cooperate with Central Asia in the fields of new energy vehicles and photovoltaic modules. Countries carry out wider and deeper cooperation." Kang Hubiao said.
In order to further deepen the practical cooperation between the two parties, serve Kazakhstan's industrialization and urbanization process, and combine the results of General Technology Group's transformation to the real economy, Yu Xubo put forward the following three suggestions:
The first is to focus on in-depth cooperation in the field of equipment manufacturing and serve the industrialization process of Kazakhstan. At present, General Technology Group is transforming from focusing on business and trade services to the real economy, and upgrading from introducing technology to independent innovation. It is willing to provide industrial master machines, high-end equipment and other equipment and technical services for Kazakhstan's industrialization construction.
The second is to focus on in-depth cooperation in the field of medicine, medical care and health, and serve the better life of the people of Kazakhstan. As a comprehensive service provider of medical device smart supply chain, General Technology Group has pharmaceutical international trade business in more than 100 countries around the world and a pharmaceutical business network all over China, covering the whole life cycle of pharmaceutical production, medical supply chain, health care, rehabilitation, etc. In terms of comprehensive health services, we are willing to discuss cooperation with Kazakhstan in medical equipment, medical care, health care and other aspects.
The third is to focus on in-depth cooperation in the fields of trade and engineering services, and serve Kazakhstan’s industrial expansion and upgrading. In the context of the "One Belt, One Road" and Kazakhstan's new economic policy "Bright Road", Kazakhstan, as the heart of the ancient Silk Road and an important link point of the current Eurasian continent, will continue to develop in the field of railway infrastructure Usher in a historic opportunity. We are willing to continue the successful experience of the cooperation in automobile production capacity between the two parties, expand the scope of cooperation, optimize the business model, and jointly promote the implementation of more production capacity cooperation projects with Kazakhstan.
