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The fund, co-launched by the management committee of Chengdu High-tech Industrial Development Zone and China Taiping Investment Holdings Company, is aimed at promoting technology transfer and achievement transformation between China and the EU. Agreements on establishing a China center of the International Venture Club and a local branch of the China-EU technology trading center were also announced at the opening ceremony.

Zhang Xinyan, a Chinese female middle-distance runner from Gansu province, and her five colleagues from Yunnan province in late April joined their Kenyan counterparts for a month-long training at the "home of champions" located in Eldoret town.

INNOVATIVE APPROACH

The development of bilateral ties is not only beneficial to both sides, but also to regional peace, stability and prosperity, Li said.

"Besides trade and economic cooperation, I expect more cultural and education exchanges between China and Kazakhstan," she said.