New plans to promote Chinese Turkish trade:
All the countries of what is known as the East Asia region share many things and common ties. This matter is not limited to the neighborhood among the peoples of the region only.
Among these countries, we mention Turkey and China, where the Turkish and Chinese people enjoy strong ties, especially that the Turks, according to the inscriptions of “Orkhon”, their origins date back to the geographical regions bordering China, stretching from Northeast China to the Caspian Sea, which are represented today in the republics of Kazakhstan, Turkmenistan, Uzbekistan and Kyrgyzstan. Chinese archeology and sources also show the presence of Turks in China in the sixth century AD through the mighty Gok Tork empire.
As for the modern relations and ties between these two countries, they date back to the beginnings of the last century and were especially strengthened when the Turkish Republic recognized the People's Republic of China in 1971.
Today, according to what is confirmed by the politicians of the two countries, Turkey and China share the same future vision in several fields, especially with regard to their pioneering international and regional role, and their support for a new world order.
China-Turkey trade relations:
Today, the Turkish government is making great efforts to increase the volume of annual trade exchange with China, hoping that it will soon reach 100 billion dollars. Chinese investment in Turkey is of particular importance today. In recent years, Chinese investors have made important investments, as the number of Chinese companies operating in Turkey has reached nearly a thousand according to the data of the Turkish Ministry of Economy for 2018.
The volume of trade exchange between Turkey and China has increased greatly in recent years. According to the official statistics issued by the Turkish Ministry of Economy and Finance, the volume of Turkey's trade with China was less than 1.5 billion dollars in 2000, and in 2013 it set a record and amounted to 28 billion dollars, but in 2018 given the inappropriate situation of the production sector in Turkey Trade exchange with Chinese parties fell to 24 billion dollars.
Among the most important of these investments was the Belt and Road Project, which aims to connect China to Europe via other Asian countries passing through Turkey. Work began on this project in 2013, which is a revival of what was known as the Silk Road that existed in the nineteenth century, and it represents the largest infrastructure project in the history of mankind. It can direct global trade towards China. It consists of railway routes to Georgia, then Azerbaijan, and across the Caspian Sea to Turkmenistan and Kazakhstan. China
Within the framework of this project, several infrastructure projects have been established in Turkey, such as the Yavuz Selim Bridge on the Bosphorus Strait, Eurasia Tunnels under the Bosphorus Strait, the Canakkale Bridge on the Dardanelles Strait and high-speed rail lines.
Also, Chinese investors have entered the Turkish real estate market strongly recently, and the desire to invest in real estate in Turkey increased by them especially buying properties in Istanbul and establishing huge real estate projects, the most important of which is an international hotel under construction that offers an attractive investment offer for investors with a long-term profitable return for twenty years in US dollars, in an important investment of $ 594 million, the Trade and Industry Bank of China also bought the second highest tower in Istanbul (Tower 205), which won a European award for the best office and best building.
The two countries are also seeking to enhance trade exchange between them through achieving important joint gains in the field of tourism. The number of Chinese tourists in Turkey has increased significantly in recent years, and the two countries aim to achieve the goal of "one million Chinese tourists in Turkey".
In this regard, we must point out that China has already started commercial exchange with Turkey through the Baku-Tbilisi-Kars railway.
Azerbaijani media reported that a train carrying 44 containers packed with 40 feet of dried nuts from northwest China arrived at the Baku international seaport.
The shipment will be delivered to Mersin, Turkey, via the Baku-Tbilisi-Kars railway in the next few days.
The Baku-Tbilisi-Kars railway, which opened two years ago, aims to provide the shortest railway between Europe and Asia, and to carry 3 million tons of freight in the medium term and about 6.5 million tons in the long run, according to Minister of Transport and Infrastructure Cahit Turhan.
And do not forget that in light of the difficulties experienced by the Turkish economy, China extended a helping hand to Turkey, as a Chinese government bank loaned Turkey 3.6 billion dollars when the value of the Turkish lira fell against the US dollar sharply in 2018.