BEIJING: Pakistan’s Prime Minister Shehbaz Sharif on Wednesday met senior executives from China’s top companies in Beijing, seeking to strengthen investment cooperation across key sectors including textiles, technology, agriculture, mining, connectivity, and space.
The talks focused on strengthening collaboration in key sectors such as textiles, information technology, agriculture, industry, mining and minerals, road and digital connectivity, e-commerce, and space technologies, the state-run APP news agency reported.
During the meetings, the prime minister informed about the comprehensive reforms and measures undertaken by the government to stabilize and strengthen Pakistan’s economy.
These measures include tax incentives for investors, simplified visa procedures for Chinese nationals, and the establishment of dedicated counters at major airports to facilitate smoother travel and business operations.
The Prime Minister also emphasised Pakistan’s commitment to a whole-of-government approach through the Special Investment Facilitation Council (SIFC), which has become a central platform for fast-tracking investments, resolving obstacles, and enhancing B2B collaboration.
The prime minister stressed that industrial cooperation remains the cornerstone of Pakistan-China economic cooperation and a defining pillar of the high-quality development of the China-Pakistan Economic Corridor (CPEC) as it enters into its second phase.
He invited Chinese companies to consider Pakistan as their preferred investment destination, particularly for relocating industries into Special Economic Zones (SEZs).
Pakistan, he added, offers a unique comparative advantage with a large pool of skilled and cost-effective labor, competitive input costs, and strategic connectivity to regional and global markets.
He assured Chinese business leaders that Pakistan is committed to providing a conducive business environment and facilitating win-win industrial partnerships.
He noted that enhanced Chinese investment in Pakistan’s SEZs will not only contribute to Pakistan’s economic resilience and job creation but also strengthen the vision of CPEC as a driver of regional growth, innovation, and shared prosperity.
