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Ambassador Hashmi views CIIE as a key chance to expand Pakistan trade

News Desk by News Desk
November 8, 2024
in China, Pakistan
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Ambassador Hashmi sees tremendous opportunity for Pakistan trade growth at CIIE
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Ambassador Hashmi views CIIE as a key chance to expand Pakistan trade describing the expo as an essential platform for developing nations like Pakistan.
Pakistan’s Ambassador to China, Khalil Hashmi, highlighted the vast opportunities for Pakistani businesses to expand in China during the ongoing 7th China International Import Expo (CIIE) in Shanghai.

In an interview, Hashmi described the Expo as an essential platform for developing countries like Pakistan to present their products and connect with Chinese consumers and businesses. “This year, more than two dozen Pakistani companies are participating, showcasing a variety of traditional handicrafts, textiles, and agricultural products, including well-known brands in rice and clothing,” he stated.

Hashmi emphasized that China’s economic strategy, which emphasizes openness and shared prosperity, offers significant opportunities for Pakistani firms, particularly small and medium-sized enterprises (SMEs). As China’s e-commerce sector plays an increasingly large role in its economy, the ambassador encouraged Pakistani businesses to leverage online platforms to enhance their visibility and sales in this vast market.

He expressed optimism about more Pakistani sectors, such as food, electronics, and IT, entering the Chinese market. Hashmi urged Pakistani companies to innovate, collaborate with the Trade Development Authority of Pakistan (TDAP), and seize opportunities to access this dynamic market.

He noted that last year’s CIIE attracted over 3,400 exhibitors and 410,000 professional visitors, including numerous business leaders and investors interested in import partnerships. Hashmi highlighted China’s trade figures, with total imports and exports reaching 41.76 trillion yuan ($5.88 trillion) in 2023, a 0.2% increase year-on-year. He encouraged Pakistani companies to collaborate with TDAP, broaden their networks, and enhance Pakistan’s exports to China and other markets.

 

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