Kazakhstan to Receive Billions in Chinese Investment: Astana Meeting Yields Major Economic Boost

Kazakhstan Poised for Major Chinese Investment: Astana Meeting Yields Promise of 71 Billion Tenge Boost. Astana, Kazakhstan – In a significant development for the Kazakh economy, the country is on the verge of receiving a substantial investment from China. Following an official meeting in Astana on June 7th, 2025, it was announced that Kazakhstan could attract over 1 billion yuan (approximately 71 billion tenge) in investment from China. The news follows a meeting between Prime Minister Olzhas Bektenov and Liu Jun, chairman of the Industrial and Commercial Bank of China (ICBC), one of China's largest financial institutions. "We are interested in a long-term and strong partnership," stated Bektenov, highlighting the potential for mutual growth through joint initiatives. This investment underscores the strong economic ties between Kazakhstan and China, with China already ranking among the top five investors in the Kazakh economy, contributing over $26 billion in total investments. The bilateral trade between the two nations also reached a record high of $44 billion in 2023. This potential influx of capital promises further economic growth and strengthens the strategic partnership between Kazakhstan and China.