The ongoing visit of the Prime Minister and federal ministers to China aims to attract investment across various sectors and foster bilateral trade activities.
In Beijing, Federal Minister for Investment Board, Communications, and Privatisation, Abdul Aleem, engaged in crucial discussions with China’s CZK Huarui Group, established for over six decades. These negotiations, attended by a Pakistani delegation, resulted in the decision by high-ranking members of the Chinese business group to invest in Pakistan’s artificial intelligence, science and technology, modern agriculture, healthcare, logistics, and infrastructure sectors. Additionally, plans were outlined to enhance e-commerce in Pakistan through collaboration with China.
During the discussions, Federal Minister Abdul Aleem Khan assured Chinese authorities of providing a conducive environment for investment in Pakistan. He emphasized the significant trade relations between China and Pakistan and their positive impact on both countries.
Chairman Liu Yafie, General Manager Sophia Lee, and other representatives of the Chinese group expressed their commitment to bolstering import and export activities in Pakistan. They also highlighted their intention to collaborate in industry-academia research and asset management.
Federal Minister for Commerce, Jam Kamal Khan, pledged full cooperation in trade matters and appreciated China’s interest in making substantial investments in Pakistan.
Furthermore, a delegation from Tangshan Donghua Iron and Steel Group also met with Federal Minister Abdul Aleem Khan to explore investment opportunities in various sectors, including Pakistan Steel Mills and the iron industry. Senior Advisor to Chairman Donghua Group, Luo Shu, discussed potential investments in Pakistan and bilateral trade issues during the meeting.
