LAHORE, Sept. 11 (INP): Following the commencement of CPEC Phase II after Prime Minister Shahbaz Sharif’s visit to China, which aimed to promote business-to-business (B2B) engagement between Pakistan and China, a high-level delegation from the Shandong Chamber of Commerce & Industry, China, visited the Lahore Chamber of Commerce and Industry (LCCI).
Fresh proposals to explore new avenues for B2B collaboration in agriculture, green energy, and modern industrialization were discussed.
The delegation, led by Li Chong, engaged in discussions on investment modalities with Shahbaz Siddique, Convener of the Standing Committee on “Pak-China Business Relations,” and LCCI Vice President Adnan Khalid.
LCCI Vice President praised the consistent interest of Chinese trade missions in engaging LCCI, recognizing it as a pivotal hub for enhancing bilateral trade relations.
He specifically acknowledged the vital role of Li Chong and his delegation in exploring business opportunities that could further strengthen economic ties between the two nations.
He emphasized mutual cooperation in various sectors, including minerals, steel structures, gold mines, salt mines, construction, and medical equipment.
He highlighted that the Pakistani business community is eager to collaborate with Chinese enterprises in these fields, aiming to foster long-term partnerships that could lead to significant economic growth.
He added that the chamber provides a robust platform for policy consulting, technology exchange, market networking, investment consulting, and brand recognition.
The Chinese delegation expressed their appreciation for the warm reception and shared their enthusiasm for further strengthening Pak-China relations.
Mr. Chong highlighted the longstanding brotherly ties between the two countries, emphasizing that this deep-rooted friendship provides a strong foundation for expanding economic cooperation.
He pointed out the immense potential for increasing trade and investment, particularly in the sectors of minerals, gold, medical equipment, and steel.
Mr. Chong also shared insights into China’s recent advancements in these industries and expressed confidence that collaboration with Pakistani businesses could yield mutually beneficial results.
He noted that the Chinese delegation is not only interested in investing in Pakistan but is also keen to invite Pakistani investors to explore opportunities in China.
The delegation emphasized the need for joint venture projects that would create a win-win situation for both countries, ultimately leading to sustainable economic development.
INP/javed
