Chinese businessmen to enhance ties with Pakistan
Business Wednesday, February 10th, 2010A high powered delegation of Sichuan Province of China visited Islamabad Chamber of Commerce and Industry (ICCI) here on Tuesday and discussed possibilities to further enhance trade, investment and economic cooperation with Pakistan.
The delegation led by Vice Governor of Sichuan province, Huang Xiaoxiang particularly discussed the possibilities of enhancing cooperation in agriculture, manufacturing and energy sectors.
Addressing the business community, Huang Xiaoxiang said that Pakistan and China enjoy infinite friendship, adding that China was always keen to widen and deepen its relations with Pakistan in all areas particularly in economic sphere.
He invited Pakistani traders and investors to participate in the forthcoming 11th Western China International Economy and Trade Fair, which will be held from October 16-20 in Changdu city of Sichuan Province of China.
Since its launch in 2000, the Fair has now become a great event for commodity displays, investment talks, business exchanges and high level forums, he added.
He said the event would provide Pakistani entrepreneurs an excellent platform of economic diplomacy, investment promotion and trade cooperation and urged upon the businessmen to ensure maximum participation in it for promoting their business relations with regional and international entrepreneurs.
Speaking on the occasion, Zahid Maqbool, President, ICCI said that though many Chinese companies were already earning high returns by investing in Pakistan, but there was still lot more potential for trade and investment cooperation between the two countries.
He informed the delegation members that many sectors of Pakistan economy including energy, oil and gas, minerals, infrastructure development, textiles, IT, financial services, real-estate, mass transit communication network, automobile and agri-based industry have been offering lucrative investment opportunities to Chinese investors and they should step up their efforts for further enhancing their investment in these sectors.
He said ICCI was planning to take a delegation to China in April 2010 and ensured the visiting guests that ICCI would also take a delegation to the 11th Western China International Fair to explore more possibilities of promoting trade and investment with China.
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on Feb 10 2010. Filed under