Islamabad, Sep 10: The Lahore Chamber of Commerce and Industry (LCCI) hosted a high-level delegation from the Shandong Chamber of Commerce & Industry, China, on Tuesday.Adnan Khalid Butt, Vice President of the LCCI, welcomed the delegation headed by Li Chong with a speech. Additionally present was Shahbaz Siddique, the convener of the Standing Committee on “Pak-China Business Relations.”
The vice president of the LCCI acknowledged the organization as a crucial hub for strengthening bilateral economic relations and applauded the Chinese trade missions’ persistent interest in interacting with it. He made particular mention of the important role Li Chong and his delegation had played in looking into business ventures that would further solidify the two countries’ economic relations.Adnan Khalid Butt emphasized the value of collaboration between parties in a number of industries, such as construction, medical equipment, steel structures, minerals, gold, and salt mines.
He also emphasized LCCI’s continued efforts to promote these kinds of exchanges, pointing out that the chamber offers a strong platform for brand awareness, technology exchange, market networking, policy advising, and investment consultancy. He stated his conviction that these interactions would open up new doors for investment and innovation in addition to raising the profile of Pakistani industry.
Under the leadership of Mr. Li Chong, the Chinese team conveyed gratitude for the kind welcome and their eagerness to further enhance ties between Pakistan and China. Mr. Chong emphasized the long-standing fraternal relations that exist between the two nations, stressing that this strong foundation of friendship makes it possible to expand economic cooperation. He emphasized the enormous potential for growing trade and investment, especially in the steel, gold, mining, and medical equipment sectors.
Mr. Chong also gave an overview of China’s latest achievements in these fields and conveyed his belief that working with Pakistani companies may be advantageous to both parties. He mentioned that the Chinese delegation is eager to welcome Pakistani investors to investigate opportunities in China in addition to their interest in investing in Pakistan. The team stressed the importance of joint venture initiatives that would benefit both nations and eventually result in sustained economic growth.
The Chinese delegation and the LCCI restated their commitment to pursuing new opportunities for cooperation and boosting bilateral trade. The Vice President of LCCI reaffirmed the organization’s willingness to assist Chinese businesses in navigating the Pakistani market and promoted ongoing communication between the business communities of the two countries. The Shandong delegation’s visit is another important step in the ongoing attempts to improve economic ties between Pakistan and China. Both countries have expressed optimism for a successful future based on respect and cooperation.