Beijing, China
The sides discussed the prospects of mutually beneficial cooperation in e-commerce, transport and logistics.
Tokayev said that Kazakhstan plans to increase the share of e-commerce to 20% of the total trade market. He noted that large marketplaces such as Alibaba, Wildberries, OZON and JD.com have already been operating in our country.
The President was informed about the plans of one of the largest express delivery and logistics services in China to enter our market and open a Central Asian headquarters here. These arrangements will be secured within the Agreement between Kazpost JSC and YTO Express Group.
"We have great opportunities for mutually beneficial cooperation with your company under the Belt and Road Initiative. Nowadays e-commerce is a rapidly developing sector of the economy that contributes approximately $7 trillion to global GDP. Kazakhstan attaches great importance to the development of e-commerce," Tokayev said.
According to Hui Jiao Yu, his company's main project in Kazakhstan will be the construction of high-tech A-class multimodal centers in multiple regions. This infrastructure will ensure efficient processing of goods destined for the EU, EAEU, and Central Asian countries. The implementation of intelligent IT solutions will allow fully automating the logistic processes and ensuring customs support of the goods supply.
