Since the establishment of diplomatic relations between China and the five Central Asian countries — Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan in 1992, the two sides have continued to deepen industrial cooperation in key areas. In 2022, the bilateral trade volume between China and the five Central Asian countries surged by around 40 percent to $70.2 billion, and the outbound direct investment from China to the five countries reached $970 million. China has become important economic and trade partner of the five Central Asian countries.
In recent years, the whole energy supply chain has faced greater uncertainties due to the geopolitical tensions and the imbalance between oil supply and demand. As a key area for China and the five Central Asian countries to jointly build Belt and Road Initiative, the energy cooperation between the two sides has effectively enhanced the resilience of the regional industrial and supply chain, and maintained the stable development of regional economy.
Looking ahead to the future, China and the five Central Asian countries should jointly ensure the stable supply of oil and gas, further deepen the cooperation of the regional industrial and supply chain, and promote the development of renewable energy such as wind power and photovoltaic power, so as to make the prospect of energy and economic cooperation between China and Central Asian countries more safe, stable and sustainable.
- How do you view the prospects of energy cooperation between China and the five Central Asian countries under the BRI against the current changes of global energy industry, and also your expectation for China's role?
- What could China and the five Central Asian countries do to strengthen the interconnection of energy infrastructure and ensure the security and stability of the energy resources industry chain?
- How to jointly promote green and low-carbon energy transformation and steadily expand new energy cooperation areas on the basis of consolidating traditional energy cooperation?
- What impact will Russia’s role bring to the regional energy stability and cooperation under the Belt and Road Initiative?
Date and Time: May 9, 2023 15:00-17:00 (GMT+8)
Host: China Development Institute