Investment

Published April 21, 2005

BEIJING, April 20: China’s major industrial group has decided to expand its business network in Pakistan for promoting cooperation in the textile sector. “We will set up our permanent office in Islamabad by October this year,” said Sunny Dai, vice-general manager of Yibin Gracegroup, based in China’s Sichuan province.

He told APP that a group’s delegation would visit Pakistan next month to work out a comprehensive plan for strengthening the bilateral cooperation. “We have decided to establish an industrial unit near Karachi next year,” he added.