Pak-China B2B cooperation opens up new avenues for growth: Haroon
ISLAMABAD: Advisor to the Prime Minister on Industries and Production Haroon Akhtar Khan has said that recently held Pakistan-China Business-to-Business (B2B) cooperation has opened new avenues for economic growth between the two nations.
Chairing a high-level meeting to review progress on Pakistan-China B2B cooperation and the implementation of Memoranda of Understanding (MoUs) signed among the various entities of the two countries here on Monday, he said that that the B2B engagements had resulted in significant progress on multiple MoUs and joint ventures worth hundreds of millions of dollars across various sectors.
The meeting was attended by the senior officials from all relevant ministries, departments, government institutions, and stakeholders. He reaffirmed that the Government of Pakistan was fully committed to transforming Pakistan-China B2B cooperation into tangible investment, joint production, technology transfer, and increased exports.
The Advisor emphasized that Prime Minister Shehbaz Sharif had given clear directions to translate Pakistan-China agreements and MoUs into concrete and actionable projects.
“Signing MoUs alone is not enough; the real success lies in translating these agreements into practical initiatives and ensuring the commencement of investments and joint ventures,” he stated.
Haroon Akhtar Khan directed that, in accordance with the Prime Minister’s instructions, continuous follow-up of all MoUs would be undertaken to ensure timely progress and implementation.
The Advisor to Prime Minister described the B2B engagements in the lithium-ion battery, agriculture, and pharmaceutical sectors as an exceptional and historic development, adding that the strong participation of Chinese businesses in these sectors represented a significant industrial opportunity for Pakistan.
He said that Pakistan would further strengthen business-to-business linkages with China to promote technology transfer, local manufacturing, and exports. “Bringing Chinese investment and technology to Pakistan and linking it with local production and exports is a key priority of the Government,” Haroon Akhtar Khan added.
The meeting reviewed mechanisms for effective coordination among relevant ministries, departments, and stakeholders to ensure that the outcomes of Pakistan-China B2B engagements are translated into concrete investments, production facilities, joint ventures, and export-oriented industrial projects.
Copyright Business Recorder, 2026