by Zafar Hussain
Pakistani Ambassador to China, Moin-ul-Haque on Friday expressed the hope that Chinese businessmen would continue to prioritize Pakistan for trade and investment and benefit from the country’s favourable business environment.
He was speaking at a seminar held to deepen industrial cooperation between Pakistan and China. The theme of the seminar was ‘Industrial Cooperation and Development of Industrial Parks under CPEC’.The event was part of the activities to commemorate the 70th anniversary of the establishment of the diplomatic ties between Pakistan and China.
Co-hosted by China Civil Engineering Construction Cooperation (CCECC) and Research and Development International (RDI), the event was attended by Dr. Zhao Baige, Vice-Chair of Foreign Affairs Committee of 12th NPC, Mr. Ying Xiong, Director General of International Department of National Development and Reform Commission (NRDC), and Mr. Chen Sichang, General Manager of CCECC.
Senior representatives of the leading enterprises of Chinese companies dealing in oil and gas, infrastructure development, paper and packaging, electronic appliances, agricultural machinery and ICT also participated in the event. The companies’ representatives briefed the Ambassador on their ongoing projects and presented specific proposals for expanding their business operations in Pakistan.
Sharing their views, Dr. Zhao Baige and Mr. Ying Xiong underscored that the Chinese government had always encouraged both its private enterprises and SOEs to explore and deepen business linkages with Pakistan. They expressed satisfaction with the steady pace of development of several SEZs in Pakistan being established under CPEC and encouraged Chinese enterprises to invest in the industrial sector of Pakistan.
Thanking Chinese businessmen for their interest, Ambassador Moin-ul-Haque briefed them on the favourable investment policies of Pakistan to attract foreign investment especially from China.
He said that the government of Pakistan has offered special incentives to Chinese businessmen for relocation of industries to Pakistan. He reiterated Pakistan’s complete commitment to all ongoing CPEC projects as envisaged by the leadership and peopleof the two countries.
