BEIJING: The Annual Meeting of China-Pakistan Business Council to promote economic and trade relations between Pakistan and China was held at China’s south-western city Chengdu on Wednesday.
Featured opportunities, connectivity, and cooperation, the meeting gathers bilateral diplomats and commercial personnel. Representatives engaged in China-Pakistan Economic Corridor (CPEC) also participated online.
As the only all-weather strategic partner of China, Pakistan’s promising investment prospects are highlighted.
“Pakistani government has made remarkable efforts to promote economic development and create a sound environment for attracting foreign direct investments. Pakistan is geared with confidence to continue its journey towards economic prosperity by becoming one of the most attractive investment destinations for the smart investors.”
Mian Nasser Hyatt Maggo, President of Pakistan Chambers of Commerce and Industry (FPCCI) in his speech introduced the unique advantages of Pakistan in industries, agriculture, livestock, etc.
In particular, he proposed that the two countries should sign a broad-based beef export agreement, carry out cooperation in managing and qualifying beef products, and set up milk processing plants for local consumption and export.
Zhang Yi, Deputy Secretary-General of China Chamber of International Commerce (CCOIC) recognized the progress and significant role of the China-Pakistan Economic Corridor in promoting regional economy and connectivity.
She confirms that China would continue to open its door even wider to provide broader space for international investors.
She proposed that regional connectivity and infrastructure such as ports, roads, railways, plants, etc. should be further enhanced and that China is willing to share the experience. In addition, the digital economy is stressed under the global context of the Covid-19 pandemic. – Agencies