China to establish free economic zone near Kyrgyz border
Monday 20 June 2011
Bishkek (24.kg news agency) – China plans to establish two free economic zones (SEZ) in regions bordering Kyrgyzstan and Kazakhstan, ambassador of People’s Republic of China to the Kyrgyz Republic Van Kayven told journalists.
According to him, China faced unbalanced development of its provinces. The diplomat noted that western territory of the country falls behind the eastern one.
“Government of China plans to establish two free economic zones in Kashgar and Khorgos,” said Van Kayven. “This is necessary measure for improvement of socioeconomic development of western regions of the PRC.”
It is expected that these SEZ will allow increasing trade turnover and economic cooperation between PRC, Kyrgyzstan and Kazakhstan.
Van Kayven connected establishing of SEZ with the course of Chinese Communist Party aimed at “reforms and openness to the outside world,” carried out during the last thirty years. “This policy has yielded positive results,” he stressed. “The state has developed greatly.”