More than 20 investment and trade agreements were signed in Tashkent between Uzbekistan and leading companies from China’s Fujian Province, marking a step in expanding economic cooperation between the two sides.
The signing ceremony, held on May 23 at the Hilton Hotel, was part of the official visit of a high-level delegation from Fujian Province to Uzbekistan. The event was attended by Uzbekistan’s Deputy Minister of Investment, Industry, and Trade Khurram Teshabayev, Governor of Fujian Province Zhao Long, and representatives of major business associations from both countries.
According to Uzbekistan’s Ministry of Investment, Industry and Trade, the agreements were concluded with prominent Chinese enterprises including Xiamen ITG Group, Fujian Xinwancheng Investment, Fujian Sitong Stone Company, and Fuzhou Fuqiang Precision. The partnerships aim to develop joint projects across sectors such as construction materials, mining, textile manufacturing, automotive components, and industrial park development.
Key agreements include the export of Uzbek yarn to China, the construction of commercial facilities, the establishment of cotton processing plants, and the production of thermal insulation materials for electric vehicles—an area in which Fuzhou Fuqiang Precision specializes.
Additionally, a Memorandum of Understanding was signed between Uzbekistan’s Foreign Investment Promotion Agency and the organizers of the China International Fair for Investment and Trade (CIFIT). The MoU sets the stage for deeper collaboration in attracting foreign direct investment and promoting large-scale projects to global investors.
As part of the partnership, Uzbekistan has been officially invited to participate with a national pavilion at the 25th CIFIT, scheduled to take place in Xiamen from September 8–11, 2025, under the theme “Expanding Bilateral Investment, Promoting Global Development.”
Fujian Province, often referred to as China’s footwear capital, is one of the country’s most economically advanced regions, with its GDP having reached approximately $800bn in 2024. The recent delegation visit and newly signed agreements highlight the strengthening economic ties between China and Uzbekistan.
These new deals are expected to boost industrial development and enhance trade connectivity, further integrating Uzbekistan into regional and global value chains.
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