Skip to main content

Prospects of the Khorgos Free Economic Zone

  • Chapter
  • First Online:
Sustainable Development Risks and Risk Management

Abstract

The territory of the post-Soviet republics of the Central Asian region is the easiest and often the only economically viable way to connect suppliers and consumers in China and Europe by land routes. Simultaneously, Khorgos is the central gate, in the vicinity of which the multidirectional flows of goods physically meet and cross the borders of China and the outside world. The development of multimodal transport corridors is also beneficial for the Republic of Kazakhstan because it helps attract investment, develop infrastructure, and create new jobs. A unique international center for cross-border cooperation has been created in Khorgos, where sellers and buyers from China and Central Asian countries can conduct transactions through direct personal communication without special consular permits to visit a neighboring state. This research aims to present the background results on creating the Khorgos Free Economic Zone and analyze its economic development status, including a synthesis analysis that helps to highlight the risks and prospects for the development of this zone.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 219.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 279.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • China News Service. (2022, May 1). 2021 Xinjiang Khorgos import and export freight traffic and trade to achieve the dual brightness. Retrieved April 15, 2022, from https://www.chinanews.com.cn/cj/2022/01-22/9659076.shtml

  • Development Strategy of Special Economic Zone “International Center for Border Cooperation ‘Khorgos’” for 2020–2022. (2022). Retrieved April 3, 2022, from https://khorgos.kz/wp-content/uploads/2020/11/strategiya-sez-mczps-horgos-2020-2022.pdf

  • Guo, Q. (2016). The idea of establishing a financial stability supervision and coordination mechanism for the Khorgos free economic zone. Western Finance, 12, 44–47.

    Google Scholar 

  • Huang, Y. (2020). Or a study of financial cooperation between China and Kazakhstan in the context of the one belt, one road initiative. Economic Vision, 10, 132–134.

    Google Scholar 

  • Izteleuova, M. S. (2016). On the process of development of interaction technologies of Altynkol station, Khorgos dry port, and FEZ “Khorgos – Eastern gate” ICTS. Bulletin of the Kazakh Academy of Transport and Communications named after M. Tynyshpayev, 3(98), 139–142.

    Google Scholar 

  • Izteleuova, M. S., Shamieva, A. K., & Mukasaliev, A. A. (2017). Development of logistics infrastructure of ICBC “Khorgos” as an element of the international corridor “Western Europe – Western China”. In B. M. Ibraev (Ed.), Collection of XLI international scientific and practical conference “innovative technologies in transport: Education, science, practice” (pp. 318–321). Kazakh Academy of Transport and Communications named after M. Tynyshpayev.

    Google Scholar 

  • Izteleuova, M. S., Igembaev, N. K., & Bekbaulov, D. I. (2018). Customs technologies in activity dry port Ktze-Khorgos gateway. Bulletin of the Kazakh Academy of Transport and Communications named after I. Tynyshpayev, 4(107), 161–167.

    Google Scholar 

  • Izteleuova, M. S., Tulendiev, E. E., Akhmetzhanova, A. H., & Zhanbirov, J. G. (2020). On the question about developing technology communication between Altinkol railway station, dry port Khorgos, and International Center for Cross-border Cooperation Khorgos-Eastern Gates. Bulletin of Kazakh Academy of Transport and Communications named after M. Tynyshpayev, 3(114), 155–163.

    Google Scholar 

  • Khorgos International Center for Border Cooperation. (n.d.). Official website. Retrieved April 3, 2022, from https://khorgos.kz/

  • Kulanda, C. (2019). Prospects for the development of trade cooperation between China and Kazakhstan in the free economic zone “Khorgos”. In V. V. Shcherbakov & E. A. Smirnova (Eds.), Collection of scientific papers “logistics and supply chain management” (pp. 100–101). St. Petersburg State University of Economics.

    Google Scholar 

  • Li, W., & Li, H. (2019). Exploring the China-Kazakhstan Khorgos center for international border cooperation’s way to promote the internationalization of the yuan. Journal of Financial Economics, 10, 24.

    Google Scholar 

  • National Development and Reform Commission of the People’s Republic of China. (2022, March 29). Khorgos Economic Development Zone held a press conference on preferential policies. Retrieved April 20, 2022, from www.ndrc.gov.cn/xwdt/ztzl/kfqgzlfz/202203/t20220329_1320751.html

  • Office of Business Advisor of the Embassy of China in Kazakhstan. Chinese-Kazakhstan Cooperation. (2022). Retrieved April 15, 2022, from http://kz.mofcom.gov.cn/article/zhhz/

  • RIA News Agency. (2017, May 14). “One belt, one road” strategy. Retrieved April 3, 2022, from https://ria.ru/20170514/1494097368.html

  • Syubebayeva, Z. K. (2016). Influence of FEZ “Khorgos – Eastern gate” on the development of commodity movement of the region and economy. In Collection of VII international scientific and practical conference: Management of modern organizations: Experience, problems, and prospects (pp. 133–136). Azbuka.

    Google Scholar 

  • The State Council of The People’s Republic of China. (2021, December 14). The number of China-Europe freight trains entering and leaving the Khorgos port this year has exceeded 6,000. Retrieved April 20, 2022, from http://www.gov.cn/xinwen/2021-12/14/content_5660708.htm

  • Wu, Z. (2016). Analysis of RMB construction of Khorgos offshore financial center. Cooperative Economy and Technology, 2016, 64–67.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Madiyarova, D.M., Yong, W. (2023). Prospects of the Khorgos Free Economic Zone. In: Popkova, E.G. (eds) Sustainable Development Risks and Risk Management. Advances in Science, Technology & Innovation. Springer, Cham. https://doi.org/10.1007/978-3-031-34256-1_51

Download citation

Publish with us

Policies and ethics