BEIJING: The companies from China and Pakistan agreed on enhancing cooperation at the China-Pakistan Financial and Trade Exchange Forum held in Shanghai, China.
On the forum, the project of China-Pakistan cross-border e-commerce (Bozhou) livestreaming base was started.
In this regard, the Counsel General of the Consulate of Pakistan in Shanghai, Hussain Haider and Chief Representative of United Bank Limited in China, Falak Sher Zaman conferred the license.
“With the support of National University of Science and Technology (NUST), Pakistan, the e-commerce base will introduce more Pakistani products to China and vice versa”, Zhao Zhijiang, Director of Shanghai Huiguan Culture Media, an organizer of the forum said.
Direct Cargo Flight Between Karachi, Shanghai Stressed
He said that if a direct cargo charter flight opened between Karachi and Shanghai, it would result in the business worth over one billion yuan annually. Chinese importers, the Consulate General of Pakistan in Shanghai, and UBL also agreed to increase seafood import from Pakistan.
Zhao said that the imports started after the first session of China International Import Expo (CIIE), but more opportunities are yet to be tapped given Pakistan’s advantages in seafood production and China’s vast market.
Multiple companies in banking, financial investment, agriculture, automobile, aquatic, and trade sectors were also present to introduce bilateral opportunities.
To further enhance bilateral investment and business exchanges, UBL awarded the China- Pakistan Honorary Advisor Certificates to over a dozen Chinese participants who have long been contributing to China-Pakistan friendship. APP
