In the early 2000s, in order to reduce the costs of production, a large number of Western companies moved their industrial facilities to regions with an undeveloped market, cheap labor and low industrial costs for environment. In this regard, the countries of the Asia-Pacific region, especially China, which has become the “world’s factory”, perfectly matched the mentioned criteria. However, after the 2008 crisis, Beijing announced reorientation towards a domestic consumption-led model of economy instead of an export-oriented one.
Azhar Serikkaliyeva graduated from China Studies Department of the Faculty of Oriental Studies in Al-Farabi Kazakh National University in 2008. She completed master education in 2010 by presenting her master thesis namely ‘Chinese strategy of peaceful rising and current sino-kazakh relations ’. She holds a Masters in Area Studies from al-Farabi Kazakh National University. Azhar Serikkaliyeva started doctorate process in 2010 and completed it in 2014 by presenting her PhD thesis ‘Chinese social and economic activity at the SCO’. During academic career she has published more than 20 scientific p