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2024 China Hubei-Uzbekistan Investment and Trade Seminar Successfully Held in Tashkent
2024-05-27

  In order to implement the initiative of “One Belt, One Road”, help our province's automotive industry chain to expand exports, and promote “Hubei enterprises going abroad” and “Hubei products going abroad”, on the morning of May 15, CCPIT Hubei co-organized the “2024 China Hubei-Uzbekistan Investment and Trade Seminar” in Tashkent with The Ministry of Investment, Industry and Trade of Uzbekistan,Tashkent Chamber of Commerce and Industry, China Business Association of Uzbekistan.Mr. Shi Minghui, Deputy president of CCPIT Hubei, Mr. Elmuratov Oybek, Director of investment promotion agency of the Ministry of Investments,Industry and Trade of Uzbekistan, Mr. Sobir.Hasanov,The deputy chairman of Tashkent Chamber of Commerce and Industry , Mr. Liu Yu, Executive chairman of China Business Association of Uzbekistan, attended the event and delivered speeches. A total of more than 160 representatives from China and Uzbekistan attended the meeting.

  Mr.Shi Minghui made an introduction of Hubei Province from five aspects, including obvious location advantages, rich scientific and educational resources, beautiful ecological environment, strong industrial foundation, and strong momentum of opening up. He said that the automobile industry is a pillar industry in Hubei Province, and new energy and intelligent network automobile is one of the five advantageous industries that Hubei is striving to build a world-class industrial cluster and make breakthroughs. Uzbekistan's automobile market has great potential, especially the demand for new energy vehicles continues to grow, the two sides have strong industrial complementarities and broad prospects for development, and He hoped that with this seminar as an opportunity, the two sides will further deepen practical cooperation, mutual win-win situation and mutual benefit, and common development.

  Mr. Elmuratov Oybek made a presentation on “Investment Potential of Uzbekistan”. He said that the “One Belt, One Road” initiative is highly compatible with Uzbekistan's national development strategy. In particular, the “Uzbekistan-2030” strategy is one of the priority development directions in promoting industrial upgrading and vigorously developing high value-added industries, and the two sides have great potential for cooperation, which can be expanded in the future in the fields of machinery and vehicle manufacturing, water resource equipments, medical equipments, energy, and agriculture, etc. He hoped that today's event can become a continuous platform for the two sides to strengthen cooperation and exchange. He hoped that today's event will become a continuous platform for both sides to strengthen cooperation and exchange.

  Mr. Sobir.Hasanov introduced that Uzbekistan Chamber has more than 4,800 large and small Uzbekistan enterprises, and a number of projects cooperated by the Chamber with the Chinese side have been successful in Uzbekistan. It is hoped that with this seminar as an opportunity, the two sides will strengthen practical exchanges and promote common development, and the cooperation between Hubei and Uzbekistan will usher in a broader prospect.

  Mr.Liu Yu said in his speech that the economic and trade relations between China and Uzbekistan have made a new leap, and since the establishment and registration of China Business Association of Uzbekistan in 2019, it has always been committed to building a bridge link between Chinese and Uzbekistan enterprises and the government, and the Chamber encourages more Hubei enterprises to come to Uzbekistan to invest and prosper, and the two sides will strengthen exchanges and cooperation and jointly develop the international market.

  Ezhou Airport Economic Zone Management Committee made promotion of Ezhou Huahu Airport. Wuhan Economic and Technological Development Zone (Hannan District) Investment Promotion Bureau made promotion of automobile industry. More than 30 enterprises from Hubei involved in the fields of automobile and parts, logistics, aviation, information technology, building materials, etc. and more than 90 Uzbekistan enterprises conducted docking talks, and reached a number of preliminary cooperation intentions.

  During the visit to Uzbekistan, Hubei delegation paid a visit to Tashkent Chamber of Commerce and Industry, investigated Uzbekistan-China Friendship mall, and inspected the production and operation situation and local business environment. CCPIT Hubei organized automobile and parts enterprises to participate in the “Five Central Asian Countries (Uzbekistan) International Commercial Vehicle and Parts Exhibition”, such as Dongfeng, Sanjiang Aerospace Wanshan Special Vehicles, Tri-Ring International, Chengli Automobile, Ruili Automobile, Ruikaer Automotive Technology (Hubei), Lingyang Automobile Manufacturing, Baolu Automobile, Tianze Mould, Hubei Aulice type, and Cheyi Electronics, etc., . It is reported that the exhibition is jointly organized by the Ministry of Transportation of Uzbekistan, the Ministry of Transportation of Kazakhstan, the Ministry of Transportation of Tajikistan, the Ministry of Transportation of Kyrgyzstan and the Ministry of Transportation of Turkmenistan. As one of the most important commercial vehicle exhibitions in Central Asia, it brings together many buyers from five Central Asian countries and Russia, Turkey, Egypt, Georgia and other countries, covering a wide range of areas such as freight vehicles, passenger vehicles, special vehicles, etc., and provides more international platforms for automobile and its parts and components enterprises of the Hubei to “go out”.

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