Pakistan China Monitoring Desk Islamabad
Pakistan-China friendship has entered a new era of economic partnership and cooperation as Pakistan-China Business-to-Business Conference held in Lahore on 09 May showed the attendance of 106 representatives from 74 Chinese companies, representatives of 136 Pakistani companies, and 252 business delegates, along with investors, industrialists, and members of the business community from both countries.
Special Assistant to Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan shed light on the steps being taken to strengthen economic base of the country. Pakistan’s ambassador to China, Khail Hashmi, Federal Secretary for Industries and Production Saif Anjum, SMEDA CEO Nadia J. SETH, Engineering Development Board CEO Hammad Mansoor, PIDC CEO Rizwan Bhatti and other officials were also present.
Pakistan-China relations are based on trust, consistency, and a shared vision, therefore same status should be in business-to-business engagements between the two countries that are opening new economic avenues.
SAPM noted that the positive outcomes of the Prime Minister’s visit to China last year are now beginning to materialize, while the confidence of Chinese investors in Pakistan continues to strengthen. He said, the government had stabilized the economy, restored investor confidence, and strengthened Pakistan’s credibility globally through consistent and effective policies.
He identified home appliances, electrical devices, and battery storage systems as key sectors of the future, adding that Pakistan’s young workforce and strategic geographical location offer excellent investment opportunities.
The world is rapidly moving toward electrification and clean energy, and with Chinese cooperation, Pakistan can become a regional hub for battery manufacturing and energy storage. Pakistan is ready to become an active partner in lithium-ion and sodium-ion battery technologies.
Pakistan is emerging as a promising destination for investment and that the government is taking practical steps to promote industrial growth, enhance exports, and facilitate businesses. Some large-scale reforms that are underway to revive industry and boost exports, including the implementation of the National Industrial Policy and National Tariff Policy to reduce the cost of doing business.
Unnecessary regulatory barriers are being removed under the Regulatory Guillotine initiative to transform Pakistan into a minimally regulated and business-friendly economy. Special committees have been established to ensure implementation and follow-up of every Memorandum of Understanding (MoU) and Joint Venture (JV), reaffirming the government’s commitment to providing facilitation, confidence, and expansion opportunities to investors.
Pakistan-China economic cooperation is a major source of development and prosperity for both countries that needs to further expand this partnership. Chinese investors are supposed to explore investment opportunities in Pakistan, particularly in manufacturing, technology, and energy sectors. The joint ventures in these areas would be mutually beneficial.
The next phase of Pakistan-China cooperation would focus on industrial depth and technological integration. For that industrial revival is a cornerstone of the government’s economic policy and that Pakistan aims to become not only a consumer market but also a manufacturing and technology partner.
The global investors are expected to join Pakistan in building a prosperous future as joint ventures, technology transfer, and collaborative manufacturing are the way forward. “Pakistan is ready to build, innovate, compete, and lead. Our doors are open, our direction is clear, and our commitment is strong,” SAPM remarked.
The conference is an important milestone in strengthening bilateral economic relations, as it was not merely a conference but a defining moment for shaping the future of Pakistan-China cooperation. Strong participation reflected growing global confidence in Pakistan’s economic direction.
