Pakistani and Chinese companies signed agreements and memorandums of understanding worth more than $7 billion to strengthen cooperation in major economic sectors.
The agreements were finalised during the Pakistan-China B2B Investment Conference held in Hangzhou.
Focus on IT, Agriculture and Energy Cooperation
The investment deals cover key sectors including information technology, telecommunications, agriculture, and energy storage systems.
According to officials, the agreements aim to expand industrial collaboration, increase trade activity, and encourage technology transfer between Pakistan and China.
Shehbaz Sharif Calls Deals a Major Milestone
Prime Minister Shehbaz Sharif described the agreements as a major step forward in strengthening bilateral
economic relations.
He encouraged Chinese investors to expand operations in Pakistan through joint ventures and long-term partnerships.
Furthermore, he highlighted investment opportunities in manufacturing, agriculture, and export-oriented industries.
Agriculture and Trade Opportunities Highlighted
The prime minister also pointed to China’s large agricultural import market and urged greater participation by Pakistani exporters.
He said increased agricultural exports could support rural employment, strengthen trade ties, and improve economic growth.
Growing Pakistan-China Economic Partnership
The conference reflected expanding economic cooperation between Pakistan and China under broader regional connectivity and investment frameworks.
In addition, both sides expressed interest in deepening collaboration in emerging industries and sustainable economic development.
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