On November 2, a meeting between Kazakh and Chinese representatives was held in Almaty on the sidelines of the Second Tian Shan Forum on Economic Cooperation in Central Asia. Participants included Deputy Prime Minister and Minister of National Economy S.M. Zhumangarin, Chinese Finance Minister Lan Fo’an, Kazakhstan’s Finance Minister M.T. Takiyev, and representatives of Chinese financial institutions and organisations.
The participants discussed new formats for financial cooperation aimed at expanding investment flows, developing joint financial instruments and accelerating projects of strategic importance to Kazakhstan.
A key topic was the possible creation of a joint private equity fund involving financial institutions from Kazakhstan and China. They also considered combining equity, debt and insurance financing mechanisms.
