Chinese, Pakistani businesspersons explore new avenues for investment

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ISLAMABAD: A high-level Chinese business delegation visited the Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday to explore new avenues for business collaboration and investment.

The delegation, led by Cindy Chen and comprising representatives from 14 key Chinese enterprises, expressed a strong interest in fostering partnerships across a variety of sectors including automotive spare parts, real estate, hospitality, mobile accessories, hardware and building materials, as well as consumer goods.

According to a statement, they showed interest in exploring the export potential of Pakistani products such as sesame, fish meal, pink salt and mangoes.

Cindy Chen, the head of the delegation, expressed China’s continued commitment to expanding business ties with Pakistan, describing the country as China’s most trustworthy friend.

She and her delegation members affirmed their openness to joint investments in areas such as copper mining, heavy machinery, science and technology, digital innovation and agricultural products, including sesame seeds, the statement read.

ICCI President Nasir Mansoor Qureshi emphasised the significance of Pakistan-China relations, highlighting China as Pakistan’s largest trading partner.

He said that the China-Pakistan Economic Corridor (CPEC) has been pivotal in enhancing trade and economic ties between the two nations, positioning them to reach new heights of collaboration.

President Qureshi further pointed out that the visit by the Chinese delegation was a powerful testament to the deepening bonds between Pakistan and China, showcasing the model of strategic cooperation, mutual trust, and economic collaboration.

Mr Qureshi highlighted the importance of harmonising policies, reducing trade barriers and fostering deeper business-to-business (B2B) engagements as essential steps to create a mutually beneficial environment for both nations.

Published in Dawn, February 19th, 2025

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