BEIJING: The Embassy of Pakistan in Beijing hosted the “Pakistan Investment Conference – Together for a Shared Future” in conjunction with the China International Fair for Trade in Services (CIFTIS), aiming to attract foreign investment to Pakistan’s diverse sectors.
The conference united prominent figures from both Pakistani and Chinese business communities, showcasing investment opportunities in key sectors such as agriculture, industry, ICT, and banking. Pakistani organizations highlighted their potential for growth and emphasized the increasingly favorable business climate in Pakistan.
High-ranking Chinese officials present included Liu Meiying, Deputy Secretary General of Beijing; Han Bin, President of the Dekezhou City Council for the Promotion of International Trade; Zhang Yanqing, Deputy Secretary General of the People’s Government of Pingdingshan City; and Li An, Deputy Director General of MOFCOM.
In his opening remarks, Ambassador Khalil Hashmi reaffirmed Pakistan’s commitment to enhancing economic ties with China, referencing the ongoing B2B engagements that began with the Business Conference in Shenzhen in June 2024. He emphasized the conference’s role in connecting Pakistani enterprises with Chinese counterparts and showcasing successful investment stories.
Ambassador Hashmi also outlined the Embassy’s plans for future B2B conferences, inviting Chinese investors to seize these opportunities. He expressed confidence that interactions at CIFTIS would bolster Pakistan’s service exports and further integrate the two economies.
Liu Meiying supported these views, welcoming Pakistani businesses to CIFTIS and highlighting the complementary nature of the two economies. She expressed hope that the exchanges would benefit both Pakistani and Chinese enterprises.
The conference featured keynote video messages from Federal Commerce Minister Jam Kamal Khan and Federal Minister for Investment, Privatization, and Communication Aleem Khan. Both ministers emphasized Pakistan’s dedication to facilitating Chinese investments and anticipated that the conference would unlock new opportunities for Pakistani businesses in the Chinese market.
The event included presentations from Pakistani and Chinese companies on investment prospects and successful investment cases, as well as panel discussions on various sectors.
Organized by 🇵🇰Embassy in 🇨🇳,Investment Confernce today in Beijing was great success. B2B momentum generated in #Shenzhen endures. MoUs worth over $350 million signed. More conferences planned. @ForeignOfficePk @investinpak @mincompk @sifcpakistan pic.twitter.com/RvqRk3cKjP
— Khalil Hashmi (@KhalilHashmi) September 14, 2024
It concluded with a focus on the future of trade, investment, and industrial partnerships, aiming to create mutually beneficial business ecosystems. Notably, two Memoranda of Understanding (MoUs) were signed between Pakistani and Chinese companies, valued at over $350 million, marking a significant step forward in bilateral investment and trade cooperation.
