CAREC Institute Hosts CPIC Delegation to Explore Financial Cooperation in CAREC Region

The CAREC Institute (CI) hosted a delegation led by Ms. Lu Qiaoling, Vice Chairperson of China Pacific Insurance (Group) Co., Ltd. (CPIC), at its Urumqi headquarters on 31 March. The delegation included CPIC’s department and branch representatives, as well as business leaders from its partner enterprises, such as Huamao Technology, BDO China Shu Lun Pan Certified Public Accountants LLP, and Zhifang Design. CI Director Charymuhammet Shallyyev, along with Deputy Directors Dr. Li Kouqing and Dr. Kuat Akizhanov, welcomed the visitors. Both sides held in-depth exchanges on regional financial development, investment opportunities, and potential cooperation directions.

Mr. Hu Xiao, Chief of CI’s Human Resources and Finance Division, presented an overview of the institute’s work, including its vision and mission, the 2026–2030 strategic plan, core work priorities, and key ongoing initiatives. Dr. Li Kouqing, CI’s Deputy Director, shared insights into the CAREC region’s economic development based on the institute’s research findings and the latest regional dynamics. He elaborated on the region’s growth drivers, development potential, and existing challenges, and emphasized the irreplaceable role of the financial sector as a core pillar of regional cooperation, which connects regional resources, supports cross-border investment, and boosts integrated development.

CPIC representatives introduced the company’s core development focus, its cooperation progress with Central Asian countries, and its innovative financial service models. Leaders from its partner enterprises further noted that the insurance industry, as an important part of the financial sector, can effectively mitigate cross-border investment risks and enhance confidence in enterprise cooperation, thereby providing solid support for enterprises to expand their business in the CAREC region.

Ms. Lu Qiaoling acknowledged CI’s role as a platform for regional cooperation, stating that the visit had deepened the delegation’s understanding of the CI and the CAREC region’s development potential. She expressed CPIC’s willingness to support key CI initiatives, including the Tianshan Forum for Central Asia Economic Cooperation, and committed to further contributing to the China-Central Asia financial cooperation through high-quality, professional insurance services.

In response, Dr. Li Kouqing stressed that CI will fully leverage its advantages as an intergovernmental organization to build a bridge between enterprises and all relevant stakeholders in the CAREC region. The institute will continue to facilitate collaboration and promote regional cooperation through research, capacity-building, and policy dialogue.