President seeks more investments by Chinese companies

10 Nov, 2011

A Chinese delegation, led by Member of Central Committee of Communist Party of China (CPC), Lu Hao called on President Asif Ali Zardari at Bilawal House on Tuesday and discussed Pak-China bilateral relations and also ties between PPP and CPC. The discussion involved wide ranging matters including mutual co-operation in economic and finance sectors besides the regional situation.
He was accompanied by JIA Tingquan Deputy Secretary General CPC Committee of Gansu Province, WANG Yongqian Director General Foreign Affairs, JI Ping, Wang Huanxiang, Du Dingding and Zhao Xu. Senator Jahangir Badar, Senator Mian Raza Rabbani, Pir Mazhar Ul Haq, Raja Pervez Ashraf, Taj Haider, Malik Asif Hayat and Dr Asad Majid Khan were also present in the meeting from Pakistan side.
President Zardari appreciated China's support for Pakistan's' sovereignty and territorial integrity and underscored the importance of time-tested strategic partnership between the two countries. He said it was encouraging to note that the traditional Pak-China friendship was being translated into economic co-operation for mutual benefit of the two countries.
The President said that Chinese investors, businessmen were most welcome to undertake business ventures in Pakistan and take benefit of business-friendly policies and incentives offered by Pakistan Government. Seeking more investments by Chinese companies in Pakistan, the President stressed upon the need for making efforts to realize full potential of bilateral trade. He said China was like a second home to him and he was keen to learn from Chinese experience of development and progress.
The President thanked Chinese Government for inviting new generation of Pakistan to visit China and witness the unprecedented progress made by China. He also thanked the Party for the warm reception and hospitality, extended to Chairman PPP Bilawal Bhutto Zardari during his recent visit to China.

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