On August 15, 12 China-Pakistan cooperation projects, valuing at 235 million renminbi, were signed at the Pakistan-focused session of the 15th Kashgar-Central and South Asia Commodity Fair held in Kashgar, Xinjiang Uygur autonomous region.
Themed "Sharing Development Opportunities, Building CPEC Together," the event focused on key sectors including trade, logistics, agriculture, tourism, new energy and information technology. It provided a practical and efficient platform for cooperation, promoting the implementation and tangible results of an upgraded version of the China-Pakistan Economic Corridor (CPEC) collaboration.
According to the organiser, Kashgar's economic and trade exchanges with Pakistan have been increasingly close, with trade volume steadily rising. In the first half of this year, trade between Kashgar and Pakistan increased 74% year-on-year.
Over 200 Kashgar-based foreign trade companies have actively engaged the Pakistani market, while 56 Pakistani enterprises have established a presence in Kashgar, thriving in sectors such as international logistics, import-export trade and jewellery processing.
Nadeem Alam, President of the Hunza Chamber of Commerce and Industry in Gilgit-Baltistan, said that CPEC has laid a solid foundation for bilateral exchanges and he hoped that both sides can engage in practical cooperation in infrastructure investment, tourism, energy, and trade and investment process optimisation, creating a dynamic and efficient platform for economic and trade exchanges.
The 15th Kashgar-Central and South Asia Commodity Fair kicked off on August 15, attracting participants from 40 countries and regions, including Pakistan, Kyrgyzstan and Kazakhstan. Over the five-day event, 181 overseas enterprises and 1,120 domestic companies were showcasing a diverse array of products and promoting regional economic cooperation.
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