Core Insights - Azerbaijan-China relations are at their historical best, with a strong emphasis on economic cooperation [2] - Trade between Azerbaijan and China reached $3.4 billion from January to September, marking a 28% year-on-year increase, indicating deepening economic ties and significant potential for growth [2] Economic Cooperation - Azerbaijan is China's fourth-largest trading partner and the largest source of imports [2] - The participation in the China International Import Expo (CIIE) is crucial for Azerbaijani companies to expand into the Chinese market and enhance product recognition [2] - Over 370 Chinese enterprises are operating in Azerbaijan, with Chinese investments exceeding $950 million [2] Sectoral Collaboration - Cooperation between Azerbaijan and China spans traditional sectors such as trade, transportation, energy, and agriculture, as well as emerging fields like digital economy, green energy, and artificial intelligence [2] - Multiple memorandums of understanding have been signed in areas including digital economy investment, smart logistics, and industrial digital transformation [2] Strategic Initiatives - Azerbaijan aims to leverage China's advanced experience in digital economy development and green transformation to enhance its own governance and public service modernization [2] - The Belt and Road Initiative is seen as a key factor in strengthening connectivity between Eurasia, benefiting Azerbaijan's role as a regional logistics and transportation hub [2]