BEIJING: Pakistan is intensifying efforts to attract export-oriented investments, having mobilised $11 billion through memoranda of understanding (MoUs) and joint ventures with Chinese partners over the past two years, Pakistan’s Ambassador to China Khalil Hashmi said on Monday.
The ambassador held individual meetings and a collective working luncheon with Pakistan’s honorary investment counsellors in China to strengthen coordination and set priorities for the year ahead. Participants included Ma Xiaoli, representing Yuan Jianming, along with Zhang Baozhong, Wang Zihai and Jian Peng.
Hashmi appreciated the counsellors’ contributions across key regions, including the Hong Kong–Macao–Greater Bay Area, Xinjiang, Shandong and Henan, and highlighted their role in promoting trade, investment and people-to-people ties. He urged them to align efforts with Pakistan’s national development agenda and mobilise Chinese investment in export-focused sectors.
Briefing the counsellors on recent progress, the ambassador said Pakistan had identified 21 priority sectors and was channeling investments through joint ventures to enhance productive capacity and integrate human capital development. He noted that two B2B investment conferences in Shenzhen and Beijing, along with six sectoral roadshows, had resulted in over 300 MoUs and 25 joint ventures worth $11bn.
Hashmi said a high-level follow-up mechanism was in place in Pakistan to ensure implementation and advised counsellors to actively pursue MoUs within their jurisdictions. The counsellors welcomed the institutionalised annual review and reaffirmed their commitment to supporting Pakistan’s economic diplomacy and strengthening bilateral cooperation.
By China Economic Net
