Kazakhstan is experiencing a significant economic boost, thanks to the collaborative efforts of Chinese companies and a surge in tourism. In a recent special program, \"SCO: Build Strength Through Multilateral Dialogue,\" Jiyang Dong, assistant professor of Strategy and Entrepreneurship at the Graduate School of Business of Nazarbayev University, highlighted the strategic partnerships forming within the automotive sector. Chinese car manufacturers like Chery, Haval, and Chang'an have joined forces with Astana Motors, sharing production facilities and fostering innovation. This collaboration not only enhances the automotive industry but also reflects a broader synergy across various sectors.
Parallel to the industrial growth, the tourism sector in Kazakhstan is witnessing unprecedented expansion. Kairat Sadvakassov, chairman of the Management Board of Kazakh Tourism National Company JSC, emphasized that visa-free travel policies are significantly contributing to this trend. With the upcoming 2024 Kazakhstan Tourism Year in China, the nation aims to double its tourist numbers, leveraging the increased interest from Chinese travelers. This influx of tourists is expected to stimulate local economies, create jobs, and promote cultural exchange, further solidifying Kazakhstan's position as a key player in the region's economic landscape.
Reference(s):
How Chinese companies and tourists are shaping Kazakhstan's boom
cgtn.com
