China's investments volume into Kazakhstan exceeded USD 19 bln in 2013

ASTANA. KAZINFORM The 7th session of the Kazakh-Chinese subcommitee for trade and economic cooperation is taking place in Beijing, the Kazakh Economy and Budget Planning Ministry said.

A wide range of issues was considered there, including development of the transit potential of both countries, construction of a grain terminal on the border of Kazakhstan and China, grain supplies, fleece and chroming semi-products supplies," the press release reads. Kazakh Vice Minister of Economy and Budget Planning Timur Zhaksylykov hedl talks with Deputy Minister of Commerce of China Zhong Shan. Zhaksylykov said the sales between Kazakhstan and China reached USD 22,53 bln in 2013, export exceeded USD 14 bln 334 mln, import made USD 8 bln 193 mln. The parties also highlighted creating of the joint working group to negotiate increase of Kazakhstan's wheat and flour supplies to China and their transit to the third countries through China.