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Delegation of Uzbekistan attracts investment in Wuhan

Source: hubei.gov.cn 07/16/2018 05:07:37

On July 13, 2018, a conference on Uzbekistan's economic and trade investment promotion was held in Wuhan, capital city of Hubei Province. The conference was aimed at deepening mutual understanding, and enhancing the friendly exchanges as well as economic and trade cooperation between Wuhan and Uzbekistan.

The delegation of Uzbekistan consisted of 30 enterprises, and 9 of them chose to visit Hubei. They hoped to meet face-to-face with local companies for investment and cooperation. The delegation of Uzbekistan stated that Wuhan enjoyed a prominent position on the “Belt and Road”, which was attractive to Central Asian countries.

The ambassador of Uzbekistan in China sent an invitation to the representatives of enterprises in Hubei. He stated that the bilateral trade volume between China and Uzbekistan increased by 20% in 2017 and aimed to increase by 50% in 2018, and added that Uzbekistan was growing rapidly, which required enterprises in Hubei to enter Uzbekistan’s market quickly.

Currently, Wuhan contributes to further promoting the investment projects to overseas markets, which can push forward the two-way pragmatic economic and trade cooperation between Wuhan and the countries along the “Belt and Road”.(hubei.gov.cn by Zhang Yawei)