Chinese investment to help enhance exports

Consul general terms Beijing main source of foreign investment in Pakistan

ISLAMABAD:

China is Pakistan’s largest trading partner and main source of foreign investment, remarked Pakistan’s Consul General in Shanghai Hussain Haider.

Speaking at an event titled “Looking back and going forward”, hosted by Xuzhou Municipal Foreign Affairs Office, Jiangsu Normal University and the University of Punjab, he said that Chinese investment could help enhance local manufacturing as well as exports to China and European Union on zero duty.

On the occasion, Pakistan’s Ambassador to China Moinul Haque underlined the role of academics and research in further cementing ties between the two countries.

“In today’s world, when international ties have become more complex, the role of academics and research work has assumed great significance,” he said.

Xuzhou Municipal People’s Government Deputy Mayor Wu Weidong added that the promotion of Belt and Road Initiative and bilateral cooperation with China would yield fruitful results in future.

“China and Pakistan are all-weather strategic partners and both countries enjoy historic and rock solid friendship,” he remarked. “In retrospect, Xuzhou and Pakistan have maintained close ties and a strong relationship.”

Jiangsu Normal University’s Pakistan Studies Centre Director Prof Sun Hongqi chaired the session.

Chinese Deputy Consul General in Lahore Peng Zhengwu pointed out that Jiangsu had injected new vitality into in-depth development of China-Pakistan relations.

Zhengwu said that he was willing to play an active role to support Jiangsu and Punjab for deepening their ties.

Jiangsu Normal University Deputy Chair University Council Professor Cen Hong reviewed the cooperative relationship established between Jiangsu Normal University and major educational institutions in Pakistan.

Published in The Express Tribune, January 2^nd, 2022.

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