Economic factors influencing the development of China’s foreign trade policy with Kazakhstan

Economic Annals-ХХI: Volume 155, Issue 11-12, Pages: 14-17

Citation information:
Ziyadin, S., Khamitova, D., Khassenova, K., Suiebayeva, S., & Agumbayeva, A. (2015). Economic factors influencing the development of China’s foreign trade policy with Kazakhstan. Economic Annals-XXI, 155(11-12), 14-17. https://ea21journal.world/index.php/ea-v155-03/

Sayabek Ziyadin
D.Sc. (Economics),
Professor,
Kazakh Humanitarian Juridical Innovative University
42 Kabanbay Batyra Str., Semey, 071400, The Republic of Kazakhstan
ertis_economika@mail.ru

Dariga Khamitova
PhD (Economics),
Associate Professor,
Ekibastuz Engineering Institute named after K. Satpayev
54 Energetic Str., Ekibastuz, 141208, Republic of Kazakhstan
dariga1979@mail.ru

Klara Khassenova
PhD (Economics),
Associate Professor of the «Finance» Department,
Shakarim State University of Semey
20А Glinka Str., Semey, 071400, Republic of Kazakhstan
klarita_khassenova@mail.ru

Saltanat Suieubayeva
PhD (Economics),
Associate Professor,
D. Serikbayev East Kazakhstan State Technical University
69 А. К. Protozanov Str., Ust-Kamenogorsk, 070004, Republic of Kazakhstan
Suyeubaeva@mail.ru

Assiya Agumbayeva
PhD (Economics),
Associate Professor,
Shakarim State University of Semey
20А Glinka Str., Semey, 071400, Republic of Kazakhstan
agumbayeva.assiya@gmail.com

Economic factors influencing the development of China’s foreign trade policy with Kazakhstan

Abstract. Nowadays, China is an independent country which implements foreign policy of peace and extensive cooperation and exchange with other countries of the world including the Republic of Kazakhstan. The article discusses identification of quantitative and qualitative indicators reflecting features of foreign trade relations and investment cooperation between Kazakhstan and China. The main directions and ways of further improvement of external economic cooperation between the countries and the definition of quantitative and qualitative parameters of its development in the future are given. The main factors constraining the development of foreign trade in the partner countries have been studied, as well as measures to eliminate them. China’s economic achievements could become an example of proper export and import, domestic, foreign and competitiveness policies for Kazakhstan.

Keywords: Investment; Import; Politics; Labor; Trade; Export; Economic Zone; Economic Regulation

JEL Classification: F13; N25

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Received 10.11.2015