A Chinese business delegation from Shanghai city visited the Federation of Pakistan and Chambers of Commerce and Industry (FPCCI) Zonal office here on Wednesday to discuss matters of mutual interest. Speaking on the occasion, Gao Yunlong, who was leading the delegation, said that economic globalisation and regional integration has provided enormous opportunities for further cooperation between China and Pakistan.
The delegation comprised of members from different sectors like cosmetics, garments, Japanese products, security products, cameras, solar products, electronics, Q-mobiles manufacturer, agriculture, coal, oil, chemical, batteries and mobile accessories including Ms Gao Halting, Wang Haixuz Steel, Chu Shi Long. Both countries are strongly associated with each other while mutual relations of the two countries are based on solid foundations, he said. Pakistan is an ideal destination for foreign investment and top priority of the Chinese investors, the delegation leaders said.
The Regional Chairman Mian Rehman Aziz Chan briefed the delegation about the investment and joint ventures opportunities in the country and said joint ventures with the Chinese enterprises would facilitate vital transfer of technology as Pakistan direly needed upgrade value-addition process. China is one of leading trade partner of Pakistan and has been playing significant role in the economic development of the country, he said. The trade delegations not only enhance trade and economic ties between the two countries but also a source of getting essence of investment opportunities so most important and right sector could be focused, he added.
The Federation's vice president Syed Muhammad Aasim said there are tremendous opportunities for joint ventures specially agro sector, rice, edible oil extraction, integrated cold chain systems, mines and minerals, textile, sports goods, Halal food products, cutlery, leather fruit and vegetable dehydration, fruit juice pulping and value addition units. Joint ventures with Chinese enterprises would facilitate vital transfer of technology which we direly needed to upgrade our value-addition process.