Speaking after the meeting, Mr Wang said that political mutual trust between China and Kazakhstan has been continually enhanced and that their strong bilateral cooperation and support has promoted regional stability and contributed to the development of both countries.
Mr Wang has served as Vice Premier of China since March 2008 and is a former President of China Construction Bank and head of China International Capital. In formulating his country’s response to the global financial crisis after 2008, he consolidated his own reputation as one of China’s leading economic policymakers.
In November 2012, Mr Wang was appointed to head the Central Commission for Discipline Inspection, the top disciplinary body of China’s Communist Party, where he will have responsibility for rooting out and preventing corruption in the party and in public life. He was subsequently appointed to the Politburo Standing Committee, whose seven members will lead China for the next ten years.
President Nazarbayev, who has visited China eleven times (most recently for the twelfth annual summit of the Shanghai Cooperation Organization in June 2012), said that Kazakhstan will work with China’s new leadership to continue to develop the comprehensive strategic partnership between the two nations. The President noted that bilateral trade reached USD 25 billion in 2011, driven by the strong cooperation in the energy sector, which exports over 20 per cent of Kazakhstan’s oil to China.
During the past two decades, China and Kazakhstan have also been developing the infrastructure to support bilateral trade, by creating border posts, energy pipelines and roads and railways. Achieving the target of USD 40 billion by 2015 will be helped by the completion of the natural gas pipeline between the two countries, the opening of the second China-Kazakhstan railroad via the Horgos International Border Cooperation Center and the construction of road transport links with western China, said the President.
Economic ties have been greatly strengthened since the establishment of the China-Kazakhstan Cooperation Committee in 2005. At the sixth meeting of the Cooperation Committee in Astana on December 8, Mr Wang put a five-point proposal on future cooperation between the two countries to his counterpart, Kazakhstan’s Deputy Prime Minister Kairat Kelimbetov. He outlined detailed proposals in the energy and transport sectors, as well as in non-resource fields; in science, technology and culture; and in security matters.
Mr Kelimbetov welcomed the proposals and confirmed that China and Kazakhstan are in agreement on these mutually beneficial measures. He also thanked Mr Wang for the strong support China demonstrated for Kazakhstan at the outset of the global financial crisis in 2008 and, more recently, for China’s support of Astana’s successful bid to host EXPO-2017.
Mr Wang and Mr Kelimbetov witnessed the signing of several intergovernmental cooperation agreements on energy, communication and trade facilitation.