China vows support for industrial growth

Newly-appointed Chinese Consul General Zhao Shiren has said that collaboration in various sectors of the economy between Punjab and China can push economic ties to new highs and vowed that the Chinese Consulate in Lahore will fully cooperate to accelerate businessto-business engagement for industrial growth.

The consul general expressed these views while visiting the Punjab Board of Investment and Trade (PBIT) where issues of mutual interest, promotion of bilateral relations and enhancing investment by Chinese enterprises in Punjab were discussed.

The consul general said that China wanted to see stable and sustainable development in Punjab, adding that agricultural technology, social sector, training of manpower and industrial development were the main areas at the current development stage of China-Pakistan Economic Corridor (CPEC).

“China will help Punjab in the development of industrial parks, transfer of technology and capacity building of human resources,” he announced.

The Chinese envoy emphasised that cooperation between Punjab and China in the fields of agriculture, technical education, livestock and tourism needed to be enhanced to utilise the real potential.

PBIT CEO Ahmer Mallick said that the current government was focusing on promoting export-led progress of the industry and import substitution for sustainable economic growth.