On November 20th, the Uzbekistan-China Business Forum was held in Guangzhou. Government representatives from Uzbekistan and Guangdong, China, as well as more than 250 business delegates from both sides, attended the event.
On that day, Uzbekistan and Chinese enterprises in Guangzhou signed multiple cooperation agreements covering various fields, including biotechnology, automotive components, medical testing, tourism, and education. During the forum, there was also a plaque unveiling ceremony for the China-Uzbekistan Biopharmaceutical Industry Technology Research Institute, signaling further collaboration between the two parties in the future.
This year marks the tenth anniversary of the proposal of the Belt and Road Initiative, and Uzbekistan is an active participant and staunch supporter of the initiative. As China's leading economic province, Guangdong has achieved fruitful results in economic and trade cooperation with Uzbekistan.
The data indicates that in 2022, Guangdong and Uzbekistan achieved a total foreign trade import and export volume of 5.427 billion yuan, representing a year-on-year growth of 31.4%. In the first 10 months of this year, the import and export volume reached 6.89 billion yuan, marking a year-on-year increase of 61.8%.
In achieving high-level connectivity, the new "China-Kyrgyzstan-Uzbekistan" multimodal transportation corridor, starting from Guangzhou International Port and Shenzhen's Pinghu South Railway Station, has brought high-quality products from Guangdong, such as daily necessities, new energy vehicles, and photovoltaic products, into the daily lives of the people in Uzbekistan. At the same time, high-quality fruits and agricultural products from Uzbekistan have entered numerous households in Guangdong.
The Minister of Foreign Affairs of the Republic of Uzbekistan, Bakhtiyor Odilovich Saidov, mentioned in his speech that three years ago, he, in his capacity as the Ambassador of Uzbekistan to China, witnessed the opening ceremony of the Consulate General of Uzbekistan in Guangzhou. He stated, "Being able to visit this beautiful city again is a special honor for me. Guangzhou plays an important role in strengthening regional ties between Uzbekistan and China in various fields and promoting practical cooperation."
Saidov revealed that in June 2024, BYD will launch a new electric vehicle production plant in Uzbekistan. Additionally, he expressed anticipation for cooperation between Uzbekistan and China in the fields of innovative technology, green energy, and smart agriculture.
According to information gathered on-site, Guangdong imports goods exceeding $450 billion annually, reflecting a substantial demand for imported products. From the perspective of the supply chain, high-quality "Guangdong goods" enjoy global popularity. Over 30% of global mobile phones and smart home appliances, 50% of 5G devices, 70% of commercial drones, and 12% of new energy vehicles are manufactured by companies in Guangdong.
Representatives from Guangdong and Uzbekistan have both expressed that unprecedented prospects are unfolding in economic and trade cooperation between the two sides. They hope to work together to promote the implementation of more cooperative projects and achievements, jointly crafting a new chapter in the economic and trade cooperation between Guangdong and Uzbekistan.
