Cross-border trade fair to boost China-Pakistan bond
Experts believed that country’s imports would touch $7 billion, which would result in a trade deficit of around $4 billion. PHOTO: FILE
In the field of global cross-border e-commerce, “we have always been committed to playing the role of bridge and link, especially in emerging markets like Pakistan”, said Beijing Guanrui Technology Company CEO Zhang Na.
As the organiser of the second China Cross Border E-commerce and New E-commerce Exhibition (CBEC), she made the remarks in an interview with the China Economic Net.
Recently, Chief Representative of the Beijing Representative Office of National Bank of Pakistan Shaikh Muhammad Shariq visited the CBEC organising committee to communicate with DeYiE-commerce Alliance, an exhibitor of the second CBEC.
Regarding cross-border payment collection, the two parties have shown a preliminary cooperation intention.
According to Zhang, by assisting Chinese companies to smoothly collect money in cross-border e-commerce trades, NBP further guaranteed the stability of transactions between the two parties, opening up a new path for China-Pakistan e-commerce cooperation.
The second CBEC will be held in Beijing from April 8 to April 10, 2022, with a scale of about 60,000 square metres.
Besides, more than 3,000 companies will participate in it. Exhibitors are mainly divided into three sections namely suppliers, platforms and service providers.
“Many Pakistani companies that have set up representative offices in China will attend it,” Zhang told CEN. “According to our previous experience, local special products and handicrafts are the star products, including brassware, silver pots, wood carvings and wool shawls, which will attract customers.”
CBEC has made a detailed promotion plan, by focusing on handicrafts, to attract more featured Pakistani products into China.
In the current world of e-commerce, Pakistan is still a young market.
“At present, the proportion of online consumers in Pakistan is relatively low,” she added. “Local payment is mainly made in cash and a fairly large number of young people pay by credit card.”
The article originally appeared on the China Economic Net
Published in The Express Tribune, March 5th, 2022.
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