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Business & Finance

PM Shehbaz seeks action plan to attract Chinese industrial investments

  • Premier will visit China from June 4 to 8
Published May 31, 2024 Updated May 31, 2024 08:55pm

Prime Minister Shehbaz Sharif has directed the authorities concerned to prepare an action plan to encourage Chinese companies to set up industrial units in Pakistan, according to state-run Radio Pakistan.

Chairing a meeting in Islamabad today, he said the government will provide all possible facilities to Chinese industrialists and investors.

The prime minister directed to formulate a comprehensive plan regarding productive business-to-business meetings between the two countries during his visit to China starting from June 4.

A detailed briefing was given to the prime minister regarding the preparations for his visit to China.

A delegation of industrialists, investors and entrepreneurs from Pakistan will also accompany PM Shehbaz during his visit to Chinese city Shenzhen.

China vows support to manufacturing sector

It was informed that the delegation will meet the Chinese business community and discuss the promotion of business-to-business relations between the two countries.

The prime minister directed Pakistani Ambassador in China to provide all possible facilities to the Pakistani business delegation in China.

Earlier, the foreign office said the PM’s trip to China will seek to upgrade cooperation under the multi-billion dollar China-Pakistan Economic Corridor, which is a key part of Beijing’s Belt and Road Initiative.

Comments

Comments are closed for this article.

Saeed May 31, 2024 09:24pm
Mr PM Seems To Think That He'll Just Tell Them And They Will Come As If Chinese Businessman Are His Subordinates
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Ash Chak May 31, 2024 10:26pm
This man still does not have a clue. Why would the Chinese set up industry in Pakistan? No security. No infrastructure. Tons of corruption.
0
test May 31, 2024 11:56pm
Use Yuan for trade Get Chinese investment from BYD CATL SAIC BAIC GWM FAW CFmoto Huawei Lenovo BBK Baidu Transsion Xiaomi Bytedance Tencent Alibaba JD UnionPay Sinopec Sinopharm Sinochem Norinco COMAC
0
ali Jun 01, 2024 04:10am
they will never come . pakistan business community is investing outside country due instability, corruption, no security, no law ... why would anyone come and invest here
0
Re=== Jun 01, 2024 04:50am
There is a point in time when people start believing in their own lies. Pakistan leaders are there. Why would Chinese even think about this?
0