Speakers at a recent seminar emphasized the urgent need for Pakistan to boost exports to China in order to address the country’s growing trade imbalance. They highlighted the vast potential of the China-Pakistan partnership in manufacturing, special economic zones, and investment-led development, encouraging policymakers and entrepreneurs to take concrete steps.
Chinese Consul General in Karachi, Yang Yundong, noted that China is a major importer with over 2.6 trillion USD in annual imports, while Pakistan currently exports just 3 billion USD to China. He stressed the importance of leveraging trade opportunities under the Free Trade Agreement and fostering direct business engagement between sector-specific stakeholders.
Industrialists and experts underscored collaboration with Chinese investors in sectors like textiles, plastics, minerals, solar technology, automobiles, and renewable energy. They emphasized that strategic economic diplomacy, investment-led growth, technology transfer, and industrialization could drive Pakistan’s economy forward, create jobs, and integrate the country into global value chains.
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