Chinese Consul General advocates enhanced business ties and investments in Punjab

ISLAMABAD (PEN) : Consul General of China Zhao Shiren emphasized the potential for enhanced trade between Pakistan and China through increased collaboration between their private sectors across various economic sectors, particularly focusing on investments in Punjab through public-private partnerships. He highlighted the role of the Chinese Consulate General in bridging the two nations and promoting bilateral trade, urging improvements in security, tax reforms, and infrastructure. The Federation of Pakistan Chambers of Commerce and Industry echoed the sentiment, underlining the attractiveness of Pakistan and Punjab for foreign investment, especially within Special Economic Zones, and emphasizing the shift from government-to-government to business-to-business cooperation, aiming for mutual benefits and addressing challenges like overcapacity through joint ventures and technology transfer.