ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CGTN: China, Central Asian countries sign landmark treaty, vow to boost cooperation

CGTN published an article on the second China-Central Asia Summit in Astana, emphasizing the significance of China and the five Central Asian nations signing the Treaty of Permanent Good-Neighborliness and Friendly Cooperation, and highlighting their shared commitment to strengthening partnerships through the Belt and Road Initiative to promote mutual development and regional cooperation.

BEIJING, June 18, 2025 (GLOBE NEWSWIRE) -- In a historic first, the China-Central Asia Summit was hosted in a Central Asian country, as leaders of China and five Central Asian nations gathered on Tuesday in Astana, the capital of Kazakhstan, for the summit's second edition.

In a new landmark, the six countries signed the Treaty of Permanent Good-Neighborliness and Friendly Cooperation at the summit.

The treaty is to enshrine the principle of everlasting friendship between the countries in the form of law, said Chinese President Xi Jinping in a keynote speech.

"It is a milestone for today and a foundation for tomorrow," Xi said while addressing the summit, which was attended by the presidents of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

Upholding the China-Central Asia Spirit

Xi on Tuesday hailed the China-Central Asia Spirit, which embodies mutual respect, mutual trust, mutual benefit and mutual assistance for the joint pursuit of modernization through high-quality development.

In 2020, China proposed the establishment of a China-Central Asia mechanism. In 2022, the countries proposed upgrading the mechanism to the level of heads of state at a virtual summit marking the 30th anniversary of their diplomatic relations.

This proposal was realized at the inaugural China-Central Asia Summit in 2023 in the northwestern Chinese city of Xi'an, where leaders agreed that the top-level gathering would be held every two years, alternating between China and the Central Asian countries.

Two years on, the consensus at the first summit has been implemented across the board, Xi said, adding that the path of cooperation is steadily widening, and the friendship is blooming ever more brightly.

A recent CGTN poll found that 90 percent of respondents believe the China-Central Asia mechanism is not about rivalry or competition but a framework for both sides to seek stability, development, and future-focused cooperation.

To date, China has established comprehensive strategic partnerships, signed Belt and Road cooperation documents, and implemented the vision of building a community with a shared future at the bilateral level with all five Central Asian countries.

This fully demonstrates the high-level strategic mutual trust and the firm resolve to deepen mutually beneficial cooperation, said Sun Weidong, secretary-general of the Secretariat of the China-Central Asia Mechanism.

High-quality development of the Belt and Road Initiative

At the Astana summit, Xi called on the countries to act on the China-Central Asia Spirit, enhance cooperation with renewed vigor and more practical measures, promote high-quality development of the Belt and Road Initiative (BRI), and forge ahead toward the goal of a community with a shared future for the region.

It was in the capital of Kazakhstan in 2013 that Xi first laid out his vision for jointly building the Silk Road Economic Belt, an essential component of the BRI.

Through this initiative, China and the region have seen robust cooperation in trade, the digital economy and connectivity. China has become the region's top trading partner and a major investment source. Data from the General Administration of Customs showed that China-Central Asia trade reached a record $94.8 billion in 2024, with China's cumulative investment in the region exceeding $30 billion.

According to the CGTN poll, 92.4 percent of respondents agree that the BRI is an important international public good that supports high-level cooperation between China and Central Asia.

Xi on Tuesday urged China and Central Asia to optimize their cooperation framework to make it more results-oriented, efficient and deeply integrated.

Efforts should be made to focus cooperation on smooth trade, industrial investment, connectivity, green mining, agricultural modernization, and personnel exchanges, and to roll out more projects on the ground, he said.

In order to promote relevant cooperation, China has decided to establish three cooperation centers focusing on poverty reduction, education exchange, and desertification prevention and control, as well as a cooperation platform for smooth trade, Xi announced.

Cui Zheng, director of the Research Center for Russia, Eastern Europe and Central Asian Countries at Liaoning University, recognized the significance of the cooperation model given the current international landscape in a CGTN opinion piece.

In a global environment marked by rising protectionism, the China-Central Asia partnership represents a new model of diplomatic engagement – one that respects independence, promotes mutual benefit and amplifies the voice of the Global South, Cui said.

For more information, please click:
https://news.cgtn.com/news/2025-06-18/China-Central-Asia-sign-landmark-treaty-vow-to-boost-cooperation-1Ei1tgKFlXa/p.html


Contact:
CGTN, cgtn@cgtn.com

Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.