The business community on Saturday stressed the need for utilising countries huge labour forces by introducing it to Chinese markets besides attracting investments into the country by offering low labour wages.
"As compared to China, labour wages in Pakistan are low and we have an opportunity to utilise our labour force in Chinese markets to generate foreign exchange," Vice President of SAARC Chamber of Commerce and Industry and former FPCCI President Iftikhar Ali Malik told media persons.
He was of the view that the low wages provide Pakistan an opportunity to attract investments into the country where they have an advantage. He, however, was of the view that Pakistan was facing energy shortage, adding that several MoUs related to energy development would be signed during the Pak-China Business Co-operation Summit.
He said that Pakistani businessmen attach great importance to the current forum, saying that as many as 110 trade bodies and 40 chambers were participating in the forum to explore business and investment opportunities. He said that feasibility regarding the investment and trade opportunities would be made during the summit adding that the results of the summit would have positive impact on economy.