China invests $900M in Azerbaijan as bilateral trade soars

Photo: VCG

China invests $900M in Azerbaijan as bilateral trade soars

China has invested $900 million in Azerbaijan to date, while Azerbaijani investments in China have reached $300 million, according to Chinese Ambassador to Azerbaijan Lu Mei.

The announcement was made during the Azerbaijan-China (Guangdong) Economic and Trade Cooperation Conference, The Caspian Post reports, citing AZERTAC.

The ambassador also noted that bilateral trade turnover increased by 43.3 percent in 2024.

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China has invested $900 million in Azerbaijan to date, while Azerbaijani investments in China have reached $300 million, according to Chinese Ambassador to Azerbaijan Lu Mei.