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Premier Li Keqiang meets Kazakh Prime Minister Karim Masimov

Updated: Jan 22,2015 6:31 AM

Premier Li Keqiang meets with Kazakh Prime Minister Karim Masimov in Davos, Switzerland on Jan 21.

China and Kazakhstan pledged to enhance cooperation in the key sectors of rail and new energy on Jan 21.

The commitment was made when Premier Li Keqiang met his Kazakh counterpart Karim Masimov in Davos on the sidelines of the annual World Economic Forum.

The Premier said the governments should guide enterprises to play a principal role in cooperating on boosting production capacity and carry out a package of framework agreements as soon as possible.

Beijing and Astana previously agreed on this aspect during Premier Li’s visit to Kazakhstan at the end of last year.

The Premier highlighted the importance of governments putting the priority projects in place and providing necessary support in the areas of finance, investment and personnel exchanges.

The Premier said that while countries and their people will benefit from cooperation with China in infrastructure construction, such cooperation will also stimulate demand and help to curb deflationary pressures amid declining global demand.

Masimov, who agreed that boosting production capacity with China will benefit both countries, said his country is looking forward to realizing the goals.