The parties discussed expanding cooperation and joint projects.

Earlier, the modernized Caspi Bitum plant, implemented by KazMunayGas in partnership with CITIC Group, was launched ahead of schedule.

The heads of Samruk-Kazyna and CITIC Group serve as co-chairs of the Kazakhstan–China Business Council, which has been operating successfully since 2013.

CITIC Group is a major state-owned conglomerate with businesses spanning financial services, banking, insurance, and investments in industry, construction, energy, transport, and telecommunications.