At the Tashkent International Investment Forum, President of Uzbekistan Shavkat Mirziyoyev held a meeting with a delegation of leading Chinese companies and financial institutions headed by Wang Hongzhi, Director General of the National Energy Administration of the People’s Republic of China, to discuss cooperation in energy, mining, and financial sectors.

The delegation included representatives of China Energy Engineering Corporation, China Datang, Sinoma Energy Conservation, China Southern Power Grid, CAMCE, CNNC, State Nuclear Uranium Resource Development, as well as the Export-Import Bank of China and Bank of China.

The discussions focused on the development of high-tech projects in energy generation and geological exploration, along with expansion of cooperation in banking and investment financing.

Trade turnover between Uzbekistan and China has exceeded $6bn since the beginning of the year, while more than $8bn in Chinese direct investment has been utilized in the Uzbek economy. It was also noted that nearly 6,000 joint ventures with Chinese participation are currently operating in Uzbekistan.

Energy cooperation was identified as a key area of engagement. The parties discussed ongoing projects involving solar and wind power plants, as well as energy storage systems implemented with participation of Chinese companies. Plans were considered to expand photovoltaic capacity, introduce agrovoltaics, and develop new power transmission infrastructure.

Additional discussions focused on waste-to-energy technologies and the application of modern digital solutions, including data center development within the energy system.

In the mining and geological sector, the sides reviewed prospects for joint exploration and development of mineral resources, including critical raw materials, as well as long-term cooperation in extraction projects.

Financial cooperation was also addressed, with participation from major Chinese banks. The talks included financing mechanisms for infrastructure projects, irrigation system modernization, highway and hydropower construction, agricultural machinery supply, and support for small and medium-sized enterprises.

The parties confirmed their intention to continue implementing previously reached agreements and to further expand cooperation across priority economic sectors.