Islamabad, In a significant boost to bilateral trade and technological collaboration, Abdul Aleem Khan, Federal Minister for Investment Board, Communications & Privatization, held strategic meetings in Beijing with major Chinese business groups, including the CZK Huarui Group and Tangshan Donghua Iron and Steel Group.
According to Press Information Department, during his discussions with CZK Huarui Group, a commitment was made by the Chinese firm to invest in key sectors such as Artificial Intelligence, Science & Technology, Modern Agriculture, Healthcare, Logistics, Infrastructure, and supply chain markets in Pakistan. The talks also highlighted the critical role of e-commerce in Pakistan’s economic development, with plans to enhance this sector through Chinese cooperation.
The meeting underscored the importance of trade relations between China and Pakistan, with Minister Khan assuring the Chinese counterparts of Pakistan’s commitment to providing a conducive environment for their investments. Representatives from both sides, including Chinese group Chairman Liu Yafie and other senior officials, promised to significantly increase import-export activities and focus on bilateral collaboration in Industry-Academia Research and Asset Management.
Additionally, discussions with Tangshan Donghua Iron and Steel Group explored further investment in Pakistan’s steel and iron sectors. Senior Advisor Luo Shu of Donghua Group discussed the potential for expanding their investment footprint in Pakistan, emphasizing the strategic importance of these initiatives for bilateral trade enhancement.