LAHORE – Held at the Embassy of Pakistan in Beijing, a China-Pakistan Trade and Investment Symposium was aimed at enabling participants from Pakistani business and investment community to interact with their Chinese counterparts in a business to business format.
Song Jianming, Deputy Director General of Beijing Municipal Commission of Commerce, said that of the total import and export commodity trade volume between Beijing and Pakistan for the year 2014 was very encouraging.
Beijing’s exports to Pakistan included mobile phones, heat exchange equipment and steel, while China’s import from Pakistan mainly focused on textile yarn, agricultural products and unwrought copper and copper products. He said that since this year was a special year of friendship between the two countries set to promote relations by enhancing exchanges, he welcomed Pakistani enterprises and trade delegations to participate with the Chinese counterparts in a series of business activities to be held in China, such as the Canton Fair, Imported Commodities Shopping Festival and E commerce Seminar, in order to exhibit and purchase commodities.
Its purpose was to expand mutual cooperation, investment, explore opportunities, and promote trade contacts between Chinese and Pakistani enterprises.
Pakistan attached great value to facilitating Chinese business community in Pakistan, Ambassador Masood Khalid said in his address. He urged the Chinese business community to explore Pakistan’s vast market potential. There were several products like cotton, cotton yarn, leather, rice, cereals, animal feed, stones, marble, gems for jewellery, fruits and vegetables where joint ventures could be considered. Pakistan being an agricultural country, Chinese companies could join Pakistani entities to develop the agriculture sector for our common food security, he added.