In the ever-evolving global economic landscape, Azerbaijan stands at a pivotal moment. The recent 1st Azerbaijan International Investment Forum in Baku has illuminated the country’s potential to attract foreign investment, particularly from China, signaling a new chapter in economic diversification and strategic development. According to Xe Chenwei, Secretary-General of the Chinese Association for Overseas Enterprises Development, twenty companies from twelve Chinese provinces attended the forum, nearly all representing the private sector. Their interest in investing in Azerbaijan is more than symbolic—it is a tangible commitment that could reshape the country’s economic trajectory.

For decades, Azerbaijan’s economy has been closely linked to the oil and gas sector. While this resource has provided substantial revenue and geopolitical leverage, reliance on a single sector poses risks, especially in a world increasingly attuned to sustainable energy and technological innovation. The participation of Chinese companies in Azerbaijan represents a strategic opportunity to diversify the economy, directing capital into other production sectors, transportation logistics across the Caspian, and “green” energy initiatives. This is a critical juncture for Baku: by attracting foreign investors with a clear vision for diversification, the nation can build resilience........

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