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William Wu, CEO attends China-Pakistan-China Business Forum 2022
At the invitation of Premier Li Keqiang of the State Council, Prime Minister Shabaz Sharif of the Islamic Republic of Pakistan paid an official visit to China from November 1. To promote economic and trade exchanges and practical cooperation between China and Pakistan, the Embassy of the Islamic Republic of Pakistan in China held an online China-Pakistan Business Forum on November 2 (Wednesday). and about 300 business representatives from China and Pakistan attended the forum online. TOKO Technology as SMEs member attended the forum.
In his remarks, the Prime Minister extended warm felicitations on the 70th anniversary of the founding of People's Republic of China and dilated upon the special nature of the Pakistan-China All-Weather Strategic Cooperative Partnership. The Prime Minister highlighted the Government's key policy measures for revitalizing the economy and providing favourable business environment for foreign investors. He also reaffirmed Pakistan's commitment to expeditious completion of CPEC projects so as to realize the initiative's potential to act as a game-changer.
The Prime Minister added that entering a phase of higher-quality growth, CPEC would multiply trade and investment opportunities between Pakistan and China. The launch of SEZs, introduction of incentive policies for investors, and the implementation of the upgraded Pakistan-China Free Trade Agreement (FTA) would accelerate economic growth and business activity. The Prime Minister also underscored the factors favourable for foreign investment in Pakistan and outlined the sectors in which investments by Chinese investors would yield high dividends. The Prime Minister urged them to take full advantage of the exciting opportunities in Pakistan.
The Forum was also addressed by Foreign Minister Makhdoom Shah Mahmood Qureshi, Adviser to the Prime Minister on Commerce, Mr. Abdul Razzak Dawood, and Chairperson CCPIT, Ms. Gao.Senior executives from China Metallurgical Group Corp. (MCC) and China Machinery Engineering Corp. shared their enterprises' experience of investing and doing business in Pakistan. They encouraged Chinese businesses and enterprises to benefit from the favourable opportunities in Pakistan.
Prior to the business meeting, the Prime Minister held a bilateral meeting with Madame Gao Yan, Chairperson of the CCPIT. He commended the leading role of Chinese enterprises and the CCPIT in China's emergence as the world's foremost trading nation and second largest economy of the world. TOKO Group Ltd and other 200 delegations from China and Pakistan government and business attended the forum.