China signed agreements on cooperation in manufacturing facilities with more than 20 countries

Almaty. July 8. Silkroadnews – As a part of the “belt and road” construction China has signed cooperation agreements on production capacity with more than 20 countries, Xinhua news agency reports.

According to the deputy head of the National Development and Reform Commission, head of the National Bureau of Statistics of China Ning Jizhe, China signed such documents with Kazakhstan, Ethiopia, Brazil and other countries. The joint projects based on intersection of policies and institutional training are designed and developed in this direction.

China has also reached agreements on cooperation in third countries with France, South Korea and Germany. China supports contacts with the African Union, ASEAN, EU and CELAC to create conditions for cooperation in production capacity. There are Chinese-Arabic, Chinese-African and Chinese-European bilateral funds created.

A number of major projects in the field of production facilities has also started abroad. According to Ning Jizhe, such projects will help these countries to attract investment in infrastructure construction and contribute to improve their production capacity, as well as help the Chinese enterprises to “enter the foreign markets”.