Uztextileprom held negotiations with a delegation from Yifa Commercial Group and the Association for Enterprise Development as part of the 'Belt and Road' initiative in Wuhan. The main topic of discussion was expanding investment cooperation, implementing joint projects, and developing trade in finished textile products. This was reported by the Uztextileprom Association.
Chinese partners expressed interest in launching investment projects in Uzbekistan, establishing a trade and distribution center, and supplying finished textile products to the Uzbek market.
For its part, the Uzbek side proposed considering joint ventures for the production of artificial and synthetic fibers. The delegations also exchanged data regarding investment conditions in Uzbekistan and prospects for exporting goods to the markets of the European Union, the United Kingdom, and the Commonwealth of Independent States.
The Association noted that Yifa Commercial Group unites about 7,000–8,000 companies and brands and manages nine trade and production complexes covering an area of approximately 700,000 square meters in Hangzhou.
Following the meeting, Uzbek textile companies invited participation in the XVI Yifa World Conference on Sewing Industry Experience Exchange, which will take place in Hangzhou on August 28–29, 2026. Bilateral B2B negotiations between Uzbek and Chinese companies are planned within this event.
A delegation from Uzbekneftegaz, led by its board chairman, held talks with the management of China's Jereh Group, a manufacturer of high-tech equipment for the oil and gas industry, during a working trip to China.
The parties discussed the current state of cooperation, the progress of joint projects, and prospects for further expansion of partnership relations.
During the meeting, participants noted that in recent years, Uzbekneftegaz and Jereh Group have signed a number of agreements aimed at enhancing the technical potential of Uzbekistan's oil and gas sector.
One of the key topics of discussion was Uzbekneftegaz's drilling expansion program. In this regard, the parties reviewed the possibilities of acquiring modern cementing equipment used in the construction of exploration and production wells.
Participants also discussed commercial proposals presented by Jereh Group and exchanged views on equipment supplies under mutually beneficial terms. Special attention was paid to optimizing supply conditions, considering the long-term nature of the interaction between the two companies.
At the conclusion of the negotiations, the parties confirmed their interest in further developing the partnership and implementing new projects aimed at modernizing Uzbekistan's oil and gas industry.
A delegation from Uzbekneftegaz, led by Chairman of the Board Abdulgani Sanginov, began a working trip to China, where they held negotiations with the management of CCDC, a subsidiary of China National Petroleum Corporation (CNPC).
The parties discussed the development of their strategic partnership, the implementation of joint projects, and the further expansion of interaction in the oil and gas sector. Participants reviewed methods for accelerating the implementation of joint investment projects and identified priority areas for future cooperation.
It was noted that the interaction between Uzbekneftegaz and Chinese companies continues to strengthen within the framework of efforts to develop business ties between the two countries. A number of meetings have taken place with the management of CNPC since the beginning of the year, leading to agreements aimed at deepening the partnership.
Currently, the cooperation covers import contracts, service agreements, and joint investment projects. One of the central issues discussed was the response to the emergency situation at the M-25 field. Participants examined the technical and organizational aspects of the project, as well as measures to accelerate work according to the approved schedule.
Furthermore, the parties confirmed their commitment to the timely and full fulfillment of financial obligations under current contracts. During the delegation's visit, CCDC demonstrated digital and intelligent solutions to support oil and gas engineering operations, including an automated drilling system, a real-time production monitoring platform, and intelligent technologies for controlling compliance with industrial safety and labor discipline requirements.
At the conclusion of the meeting, both sides expressed interest in further strengthening the strategic partnership, expanding high-tech joint projects, and implementing modern digital solutions to increase efficiency in production and advance the digitalization of drilling operations.
The Ministry of Investments, Industry and Trade of Uzbekistan held negotiations on July 29 with a Chinese delegation. The delegation was headed by Zhang Xue, Director of the Center for Innovative Education and Real Estate Research, and the Deputy Chairman of the Industrial Cooperation Department of the China Real Estate Association.
The Chinese group included representatives from Chinese companies operating in the fields of construction and real estate, glass production, manufacturing of door and window systems, and interior design. During the meeting, the parties discussed Uzbekistan's investment potential, opportunities for exporting products of local manufacturers of building materials, and prospects for joint project implementation.
Members of the Chinese delegation were also presented with information about land plots available for investment initiatives, as well as existing transport and engineering infrastructure. At the conclusion of the negotiations, an agreement was reached on further joint development of investment initiatives and the promotion of practical implementation of promising projects.
