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Analyzing the Experience of China and Uzbekistan in the Industry of Agriculture
Liu Lin

Liu, Lin. (2023) “Analyzing the Experience of China and Uzbekistan in the Industry of Agriculture.” Business Inform 4:27–33.
https://doi.org/10.32983/2222-4459-2023-4-27-33

Section: Foreign Experience

Article is written in Ukrainian
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UDC 334.02

Abstract:
China’s mega-project «One Belt, One Road» is a continuation of the government project known as the «New Silk Road», aimed at creating a transport corridor between China and European countries. Within the terms of this project, the countries of Central Asia, to which the Republic of Uzbekistan belongs, were assigned the role of territories through which several complementary branches of transit of Chinese goods to Europe and South Asia pass. The article’s purpose is to study the status and possibilities of interstate cooperation between the PRC and Uzbekistan in the industry of agriculture along with implementation of related infrastructure projects. Cooperation between the two countries is directed not only towards the development of transport and infrastructure facilities, but also of some industries, attractive for export-import activities of both countries, particularly, agriculture. The common features of socio-historical development and the absence of ideological antagonism between governments contribute to their harmonious economic cooperation. The reforms carried out in China’s industry and agriculture had both positive and negative consequences. As industrialization continues to spread rapidly in the country, huge agricultural areas are turning into industrial zones. As a result, there is a problem of insufficiency of territories suitable for agriculture. The Republic of Uzbekistan is the sixth largest producer and second largest exporter of cotton in the world. In recent years, the acreage in the country has decreased significantly. The main reason is the lack of water. Cooperation between the two countries is aimed at overcoming these problems. Attracting China’s investments exclusively into agriculture of Uzbekistan, without the implementation of related infrastructure projects, will not give a significant economic effect. Among the intentions of joint cooperation between China and Uzbekistan is also the construction of solar power plants, renewable energy facilities, telecommunications networks and infrastructure projects.

Keywords: investments, global investment strategy, government initiative «One Belt, One Road», agricultural enterprises, agriculture, competitiveness, interstate cooperation, China, Uzbekistan.

Fig.: 1. Tabl.: 5. Bibl.: 14.

Liu Lin – Postgraduate Student, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)

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