China Commodities and Services Exhibition boosts economic and trade cooperation between Uzbekistan and China

China Commodities and Services Exhibition boosts economic and trade cooperation between Uzbekistan and China

The first China Commodities and Services Exhibition opened on the 12th in Tashkent, the capital of Uzbekistan, to build a platform for promoting economic and trade exchanges and business cooperation between Uzbekistan and China.

The exhibition lasts for three days and the total area of the exhibition area is about 4,000 square meters. Nearly 90 companies from Guangdong, Zhejiang, Jiangsu, and Shandong participated in the exhibition, covering agricultural machinery, engineering machinery, light industrial machinery, auto parts, kitchen supplies, household appliances and consumer electronics.

At the opening ceremony held on the same day, Uzbekistan’s First Deputy Minister of Investment and Foreign Trade Abdu Aliyev said that Uzbekistan is looking forward to further strengthening bilateral cooperation in various fields through the first China Commodities and Services Exhibition.

Zhang Yujing, president of the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products, said that Uzbekistan is an important country to build the “Belt and Road”. In recent years, Uzbekistan has adopted a series of measures to promote economic reforms, and the economy has shown rapid growth. Driven by infrastructure construction and industrialization in China, various types of construction machinery, light industrial machinery, automobiles, and electrical equipment in China are very popular in the local area.

In recent years, China-Ukraine trade has developed rapidly and China is Uzbekistan’s largest trading partner. In 2018, the bilateral trade volume between China and Uzbekistan exceeded US$6.4 billion, an increase of about 35% over the previous year.

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