Open AccessState regulation of economic relations between Kazakhstan and China on the agrofood market
Author(s) -
Sh. M. Kantarbayeva
Publication year - 2020
Publication title -
"tu̇ran" universitetìnìn̦ habarsysy/"tu̇ran" universitetìnìņ habaršysy
Language(s) - English
Resource type - Journals
eISSN - 2959-1236
pISSN - 1562-2959
DOI - 10.46914/1562-2959-2020-1-3-71-77
Subject(s) - agrarian society , modernization theory , business , economic system , profitability index , investment (military) , china , state (computer science) , agriculture , economics , economic policy , international trade , market economy , economic growth , political science , politics , finance , ecology , algorithm , computer science , law , biology
A comprehensive economic pragmatism as the main goal of the new economic policy course of Kazakhstan that is based on the principles of profitability, return on investment and competitiveness, also includes aspects of the need to create a new industry along with the development of traditional basic industries, to increase their export potential, where Chinese investment plays a significant role. An institutional reform includes the abolition of sectoral programs with integration of certain sectoral programs into governmental programs, as well as in strategic plans of state bodies. Consequently, it is necessary to create an industrial-sectoral and administrative symbiosis for the effective development of the industry and assessment of its prospects, taking into account the protection and promotion of national economic interests within the framework of international cooperation. The evaluation of state management in the agrarian, sphere within the framework of the development of Kazakh-Chinese cooperation, based on the study of the PRC's approaches in the formation of special economic zones and domestic practice of improving the economy of agrarian sector under the conditions of the “third modernization” and “fourth industrial revolution”, will lead to an expansion of exports of agricultural products, transit potential of Kazakhstan, infrastructural development and optimization of industry administration. In addition, taking into account the strategic importance of the country's transport potential, it will allow developing adjacent economy sectors.