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Home China

President calls for greater Chinese investment in Pakistan

News Desk by News Desk
December 12, 2024
in China, Pakistan
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President calls for greater Chinese investment in Pakistan
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President calls for greater Chinese investment in Pakistan during a meeting with business delegation of Chinese.

President Asif Ali Zardari has urged Chinese investors to increase their involvement in various sectors of Pakistan’s economy, emphasizing the mutual benefits of such investments.

During a meeting in Karachi with a Chinese business delegation led by Chinese Consul General Yang Yundong, the President stressed the importance of strengthening economic and commercial ties between the two nations.

Zardari highlighted that enhanced collaboration between investors and businesses from both countries could significantly bolster bilateral trade and economic partnerships.

The Chinese delegation expressed its intent to invest $1 billion in developing a medical city in Pakistan, aimed at advancing the country’s healthcare sector.

They also showed interest in investing across multiple industries in Pakistan, including agriculture, livestock, energy, transport, and manufacturing.

Welcoming the delegation, the President underscored the longstanding and historic friendship between Pakistan and China, emphasizing their shared interests and aligned views on key global issues.

He reiterated his vision of transforming Gwadar Port into a regional hub for trade and economic activity, which he believes would enhance regional connectivity and economic collaboration.

Zardari assured that Pakistan prioritizes Chinese investments and is committed to offering comprehensive support and facilitation to Chinese investors.

He also mentioned the introduction of Chinese language courses in Sindh as a step towards deepening cultural and people-to-people ties between the two nations.

The meeting was attended by Chief Minister Sindh Syed Murad Ali Shah and other provincial ministers, reflecting the high-level commitment to strengthening bilateral relations.

 

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