Islamabad, Sep 14: In an effort to draw in international investment for Pakistan’s diverse industries, the Pakistani Embassy in Beijing organized the “Pakistan Investment Conference – Together for a Shared Future” in conjunction with the esteemed China International Fair for Trade in Services (CIFTIS).
Important people from the Chinese and Pakistani business communities came together for the event, which focused on investment prospects in critical industries like banking, ICT, industrial, and agriculture. Participating Pakistani companies highlighted how they may benefit from the expansion of various industries, highlighting Pakistan’s increasingly advantageous business environment.
Numerous senior Chinese officials were present, including Han Bin, President of the Dekezhou City Council for the Promotion of International Trade, Zhang Yanqing, Deputy Secretary General of the People’s Government of Pingdingshan City, Li An, Deputy Director General, MOFCOM, and Liu Meiying, Deputy Secretary General of Beijing.
Ambassador Khalil Hashmi emphasized Pakistan’s strong commitment to expanding economic cooperation with China in his welcoming comments. He mentioned the B2B interactions that started with the Business Conference in Shenzhen in June 2024 and have continued to this day.
The ambassador emphasized the importance of this meeting as part of the embassy’s endeavor to include Pakistani businesses, link them with Chinese counterparts, and present case studies of prior investment successes.
In an effort to entice Chinese investors to take advantage of these chances, he also presented the Embassy’s schedule for upcoming B2B meetings in the coming months. Ambassador Hashmi expressed optimism that the discussions at CIFTIS will improve economic integration between the two countries as well as boost Pakistan’s service exports.
In her remarks, Liu Meiying reiterated these feelings and praised Pakistani companies for joining CIFTIS. She highlighted how the two economies complimented one another and expressed hope that Chinese and Pakistani businesses would profit from the opportunities these exchanges would bring.
Federal Ministers for Investment, Privatization, and Communication Aleem Khan and Jam Kamal Khan also gave keynote video addresses throughout the conference. The two Ministers reiterated Pakistan’s unwavering dedication to enabling Chinese investments in the nation’s vital economic domains.
They expressed hope that the conference would provide a platform to open up new business chances for Pakistani companies, especially when it came to entering the sizable Chinese market.Presentations on the variety of investment prospects and prosperous Chinese investor case studies were given by Chinese and Pakistani businesses at the event. There were panel discussions on particular sectors at the conference as well.
At the end of the event, there were talks about the future of industry alliances, trade, and investment, with an emphasis on building business ecosystems that benefit both parties. Notably, two Memorandum of Understandings (MoUs) worth more than 350 million US dollars were inked by Chinese and Pakistani businesses, indicating the two countries’ growing interest in working together on bilateral economic projects and opening the door for increased trade and investment between them.
