Kazakhstan seeks tech development, not just capital, from China partnership

Kazakhstan's President Kassym-Jomart Tokayev is prioritizing technological advancement and human capital development in the nation's deepening relationship with China. During a meeting with Chinese business leaders in Shanghai, Tokayev expressed gratitude for the strong partnership, highlighting a shared vision for Eurasia's technological future.

"Our goal is not merely to attract capital," Tokayev stated, emphasizing Kazakhstan's ambition to move beyond simple investment. The nation aims for joint development of new technologies, the establishment of research and development centers, and the creation of new production chains. This focus on innovation and knowledge is intended to drive a future-oriented economy.

Tokayev assured Chinese investors of Kazakhstan's commitment to a favorable business environment. He promised legislative protection for investments, access to modern infrastructure, a qualified workforce, and comprehensive state support. The president expressed optimism that the current meeting would catalyze new joint projects and substantial investments, building on the established comprehensive strategic partnership.

The visit itself, to Shanghai at the invitation of Chinese President Xi Jinping, underscores the significance of this bilateral engagement. It signals a strategic alignment aimed at mutual growth and technological progress in the region.

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Our goal is not merely to attract capital. We strive for the joint development of new technologies, the creation of R&D centers, the formation of new production chains, and the development of human capital that will drive the future-oriented knowledge economy.