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Karamay shines at Belt and Road Forum

By Sun Hui Updated: 2017-05-18

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Karamay shines at Belt and Road Forum

Zhang Hongyan, mayor of Karamay, delivers a speech at the Belt and Road Forum for International Cooperation in Beijing. [Photo Bao Yang/kelamayi.com.cn]

Zhang Hongyan, mayor of Karamay, Xinjiang Uygur autonomous region, told the world that the northwestern Chinese oil city is ready for cooperation in her speech at the Belt and Road Forum for International Cooperation, which concluded in Beijing on May 15.

Zhang shared the fruitful results brought from the China-Pakistan Economic Corridor, a long-term, multi-dimensional mega-project between Pakistan and China. She also noted the city’s desire to further cooperate with countries along the Belt and Road.

The city saw 28 contracts, worth an estimated 62.57 billion yuan ($9.43 billion), signed during the Silk Road Economic Belt–Xinjiang Karamay Forum held last August.

Karamay shines at Belt and Road Forum

Leading figures celebrate during the signing ceremony for the Xinjiang Karamay Forum in Karamay, Xinjiang Uygur autonomous region, on Aug 11. [Photo provided to chinadaily.com.cn]

Zhang said, “Karamay is awaiting entrepreneurs and citizens from different countries along the Belt and Road to invest in and tour the city.”

Several companies and institutions are seeking further cooperation with Karamay in the cloud computing and financial industries, including the Bund M&A Center, China (Guangdong) Pilot Free Trade Zone Hengqin New Area of Zhuhai and CCiD Group.

Yingchuang, a high-tech 3D house printing enterprise, will invest in Karamay to build a 3D house printing factory.

Edited by Zachary Dye