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The visiting Chinese defense minister said the cooperation in the sectors of politics, economy and trade, and culture between the two sides have scored great achievements since the two countries established diplomatic relations in 1975.
The two countries are actively working on utilizing a credit line of 7 billion dollars to Belarus, announced in 2015. The first projects will be launched soon, the ambassador said.
The Belt and Road initiative, proposed by China, is aimed at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes.
Zhang and Sagintayev are co-chairs of the China-Kazakhstan Cooperation Committee.
The Chinese economy is at a crucial stage of transition from old to new growth drivers and a stage of economic transformation and upgrading. We will focus on development as the top priority and promote steady progress as we pursue innovative, coordinated, green, open and shared development. We will ensure that the government's macro policies are stable, industrial policies are well-targeted, micro policies are flexible, reform policies are solid and social policies meet people's basic needs. While appropriately expanding aggregate demand, we will steadfastly advance supply-side structural reform, concentrate on cutting overcapacity, reducing inventory, deleveraging, lowering costs and strengthening weak links, so that China's development could be less reliant on natural resources and be more driven by human resources and innovation. This will enable the Chinese economy to maintain medium-high growth rates and move to medium-high development levels.