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April 9, 2006 Sunday Rabi-ul-Awwal 10, 1427





Business city


BEIJING, April 8: Leading Chinese business group Guanghua has offered to set up a business city in Pakistan to develop mutually beneficial cooperative partnership. Yang Tianlong, chairman of the group, told APP here on Saturday that he would visit Pakistan soon to find some Pakistani partner to develop the city as hub of providing consumers’ products of reliable quality on relatively lesser price. Later, a similar city could be set up in China for projecting Pakistani goods, he added.

“This is a new idea, establishing direct contact between the manufacturing companies to sell their products in the respective countries,” he said.

The group planned such business city following the recent visit of Chinese Premier Wen Jiabao to South Asian countries.

As a first step, the group is establishing a ‘business mall’ this month in New Delhi.—APP






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