148 п ространственная э кономика 2022. Том 18. ¹ С. 148—167 Обзоры


Features of Russian and Chinese Direct



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Features of Russian and Chinese Direct 
Investments in Kazakhstan
A. V. Petrov, M. S. Baynova, Jialihasi Jiaerheng
Alexander Victorovich Petrov
Doctor of Sciences (Sociology)
Professor of the Chair of Economic Sociology, Executive Director of the Russian-Chinese Center 
for Comparative Social, Economic and Political Studies of the Department of Sociology
Saint-Petersburg State University, 7/9 Universitetskaya nab., Saint Petersburg, 199034, Russian 
Federation
E-mail: petroval4@yandex.ru
ORCID: 0000-0002-9127-2209
Maria Sergeevna Baynova 
Candidate of Sciences (Sociology)
Associate Professor, Head of the Department of Public and Municipal Administration
Moscow Financial and Industrial University ‘Synergy’, 80 Leningradsky Prospect, Buildings E, 
125190, Moscow, Russian Federation
E-mail: mbainova@gmail.com
ORCID: 0000-0003-2789-4596
Jialihasi Jiaerheng 
Master of Sociology
Postgraduate student of the Department of World Politics
Moscow State University named Lomonosov, 1 Leninskie Gory, Moscow, 119991, Russian 
Federation
E-mail: zhalgas0704@gmail.com
ORCID: 0000-0003-1900-0759


150
А.В. Петров, М.С. Байнова, Жаркын Жалгас
ПЭ
№ 
1
2022
Abstract. The purpose of the article is to analyze the results of current theoretical and 
empirical studies of the socio-institutional environment of Russian and Chinese 
direct investments in Kazakhstan. One of the features of foreign direct investment is 
the fact that foreign investor companies are always forced to adapt as effectively as 
possible to the socio-institutional environment of the country where they invest funds. 
Foreign direct investment is an important factor in the modernization of production 
and economic development, can contribute to the growth of employment and income 
of the population. In fact, they show how much foreign investors trust the economy 
of a particular country, and for Kazakhstan it is also an important indicator of the 
role of Russia and China in its modern economic development. The results of modern 
investment research allow us to conclude that there is increasing competition between 
Russia and China in the promotion and implementation of investment projects in 
Central Asia and Kazakhstan. However, the success of these projects depends not only 
on the effectiveness of the efforts of governments and corporations aimed at promoting 
them in the region as a whole, but also on how these investments are perceived by the 
Kazakh society. The article analyzes the different points of view of modern Kazakh, 
Russian, Chinese and Western researchers analyzing the specifics of the relationship 
between society and business with the state in the globalizing economy of Kazakhstan, 
economic and historical factors, socio-institutional aspects of reducing compliance 
risks and features of labor organization that determine the stability and sustainability 
of economic development.
Keywords: foreign direct investment, socio-economic development, socio-institutional 
investment environment, Russian investments, Chinese investments, Kazakhstan,
Russia, China
For citation: Petrov A.V., Baynova M.S., Jiaerheng Jialihasi. Features of Russian and Chinese 
Direct Investments in Kazakhstan. Prostranstvennaya Ekonomika = Spatial Economics, 2022, 
vol. 18, no. 1, pp. 148–167. 
https://dx.doi.org/10.14530/se.2022.1.148-167
 
(In Russian)


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