Pakistan and China are set to enhance collaboration for rapid industrialisation in Punjab, especially for encouraging B2B engagement between Chinese investors and their local counterparts.
China’s Consul General to Lahore Zhao Shiren during his visit to the Punjab Board of Investment and Trade (PBIT) held discussions on different areas for increasing cooperation between the two sides.
Zhao appreciated efforts of the former and current industries secretary for promoting the relocation of labour-intensive industries from China to Punjab by leveraging a strong network of Special Economic Zones across the province both in the public and private sectors.
He assured complete support and other steps to encourage Chinese investors to relocate to Punjab and form partnerships with the local investors.
Other areas of mutual collaboration including visa facilitation for Pakistani businessmen also came up for discussion.
Published in The Express Tribune, December 17th, 2022.
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