The delegation led by Israfil Mammadov, Chief Executive Officer of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), is on a working visit to the People’s Republic of China. The main purpose of the visit is to strengthen investment cooperation and explore new opportunities for mutually beneficial partnerships.

On September 7, the delegation took part in a roundtable discussion attended by a senior state representative of the People’s Republic of China, alongside leading institutional leaders. The platform created an important opportunity for direct exchanges between investors active in China and government officials, focusing on strengthening cooperation and broadening collaboration opportunities.

The delegation also met with Qingsong Zhang, Chairman and Chief Executive Officer of the China Investment Corporation (CIC). The discussions centered on specific areas of cooperation and identified the next steps for launching joint projects.

It was noted that the Memorandum of Understanding signed between SOFAZ and CIC during the state visit of H.E. Mr. Ilham Aliyev, President of the Republic of Azerbaijan, to China in April 2025 marked a significant milestone in the institutional partnership between the sovereign wealth funds of both countries. The document established a strategic framework for knowledge sharing, sustainable investment models, and the promotion of mutually beneficial initiatives, contributing to the further strengthening of China–Azerbaijan relations.