LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has established an online platform to provide assistance in solving the problems and issues of Chinese companies related with the local policies and repulsive mindset of the regulatory bodies.

Wang Zihai, President PCJCCI during his online address to the Executive Committee of PCJCCI highly hailed the initiative of his chamber for facilitating the foreign investors entered into business partnership with the local entrepreneurs. The meeting was attended by M Ahsan Chaudhry, SVP, Sarfraz Butt, VP, Salahuddin Hanif, Secretary General and a number of the Executive Committee Members of PCJCCI.

Wang Zihai, President PCJCCI said that the increasing number of joint ventures between Pakistan and China under CPEC is also confronted with some practical difficulties, which need a quick resolution system. He acknowledged that government of Pakistan had a true cognizance of this issue that has been translated into creation of Alternate Dispute Resolution Courts in Pakistan. He hoped that the collaborative efforts of Pakistan’s government and the PCJCCI will help stabilize the Chinese investment in Pakistan.

Copyright Business Recorder, 2021