The Silk Road Economic Belt– Xinjiang Karamay Forum, honored as the "Davos Forum in West China", will take place in Karamay city in the Xinjiang Uygur autonomous region from Aug 9-11, attracting around 500 leading figures from the Chinese, Pakistani and Kazakhstan governments, enterprises and think-tanks.

The forum will be themed on “discussing, jointly constructing and sharing for regional cooperation and industry development” and aim to build a communication bridge for South and Central Asia and Europe.

It will contain seven sub-forums concerning infrastructure construction, energy cooperation, manufacturing, and cultural and information industries.

The China-Pakistan and China-Kazakhstan cooperative committee will be established during the forum.

Karamay was appointed as forum host due to its rich experience, geographic position and city development plan.

For example, the city successfully hosted the China-Pakistan Economic Corridor Forum on Aug 11-12, 2015, attracting hundreds of Chinese and Pakistan officials and entrepreneurs and bringing about cooperative projects worth 10.35 billion yuan ($1.56 billion).

Karamay is located in the middle section of the Eurasian Continental Bridge. It is an important intersection city along the Belt and Road Initiative, and the China-Pakistan and China-Central and West Asian Economic Corridors.

As an important oil and gas producing base in Western China, Karamay is known as “oil city”. Over the past 60 years, its accumulated crude oil output has reached 340 million tons, while its accumulated natural gas output has exceeded 70 billion cubic meters.

The city plans to build six petroleum bases involving oil production, technology, storage and transportation, and boost international energy trade and cooperation.

The forum is undertaken by the Karamay government and the National Institute of International Strategy, with support from the people’s government of Xinjiang.

Know more about Karamay city

http://www.chinadaily.com.cn/m/xinjiang/karamay/2016-06/03/content_25605919.htm