KARACHI: The rising cost of business and environmental issues in China has made Pakistan an ideal destination for relocation of Chinese textile industry, leader of a Chinese delegation and vice president of Tianjin People’s Association for Friendship with Foreign Countries, Mr Chen Weiming said on Friday.

He was addressing a meeting with the members of All Pakistan Textile Mills Association (Aptma).

He emphasised the need for adjustments to promote industry. “It will help in balancing trade of both nations,” he said.

The aim would be to create multidisciplinary, multiple formats and diversified development of modern textile industry, he added.

Aptma Senior Vice-Chairman Zahid Mazhar welcomed joint ventures in the textile sector.

Published in Dawn, April 15th, 2017

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...