China, Kazakhstan vow to strengthen railway, new energy cooperation

DAVOS, Switzerland, Jan. 21 -- China and Kazakhstan on Wednesday pledged to boost railway and new energy cooperation to further their comprehensive strategic partnership.

Chinese Premier Li Keqiang and his Kazakh counterpart Karim Massimov made the pledge when they met on the sidelines of the ongoing World Economic Forum in Davos, Switzerland.

Li, who visited Kazakhstan at the end of last year, said the governments of the two countries should let enterprises play a main role in bilateral production capacity cooperation.

The Chinese premier also urged both sides to advance the priority projects and provide good supportive services in the areas of finance, investment and personnel exchanges.

China is also ready to strengthen railway and new energy cooperation with Kazakhstan, Li added.

China's win-win cooperation with others in infrastructure construction will not only meet the needs of related countries and benefit local people, but also spur demands and stem deflation against the backdrop of a global demand slowdown.

Massimov said his country is willing to actively boost production capacity cooperation with China and create a desirable environment for it.

Kazakhstan is glad to carry out railway and new energy cooperation with China, he said.

Kazakhstan has become China's second largest trade partner in the Commonwealth of the Independent States and its first investment destination in Eurasia, while China is the second largest trade partner and the largest export market of Kazakhstan.