Deputy Prime Minister Baisalov held talks with the Secretary of the Party Committee of the CPC in Shandong Province
“Currently, our country faces the task of actively implementing new production technologies, opening industrial enterprises focused on exports, and creating new jobs for the youth,” noted Baysalov.
According to information from the Cabinet, Lin Yu expressed readiness to support the expansion of cooperation, the development of investment relations, the launch of new initiatives in the industrial sector, and the activation of humanitarian exchanges.
Note:
Shandong is a province located on the eastern coast of China, at the lower reaches of the Yellow River, bordered by the Bohai and Yellow Seas.
It is expected that by 2025, the regional gross domestic product (GDP) of Shandong will reach $1.5 trillion, representing a growth of 5.5%. This makes Shandong the third province in China by GDP volume, surpassed only by Guangdong and Jiangsu. The population of the province exceeds 100 million people.
In 2025, the GDP of the provincial capital, the city of Jinan, is also expected to grow to $207 billion, increasing by 5.4%. The population of Jinan is about 10 million.
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