Prime Minister Shehbaz Sharif recently attended the Pakistan China Business Forum in Shenzhen, expressing his commitment to supporting foreign investors and ensuring resource availability. During his visit, he commended China’s developmental accomplishments and emphasized the need to strengthen the relationship between Pakistan and China through increased investment.
PM Shehbaz Sharif highlighted the creation of a business council aimed at facilitating investments in Pakistan and reiterated the government’s dedication to offering essential facilities to foreign investors and businessmen. He also underscored Pakistan’s abundant resources and emphasized the country’s potential for economic growth.
In light of recent security concerns, Sharif extended his condolences for the tragic incident in which five Chinese citizens lost their lives to terrorism in Besham. He reassured China of Pakistan’s commitment to ensuring heightened security measures for Chinese citizens working in the country and pledged to prioritize their safety.
During a meeting with Zhu Zhejiang, founder and chairman of Transsion Holdings, the premier welcomed the company’s interest in expanding investments in Pakistan’s mobile manufacturing sector and exploring opportunities in electric bikes, modern agriculture, and fintech. He directed relevant authorities to collaborate with Transsion Holdings to devise an action plan.
Additionally, Finance Minister Muhammad Aurangzeb addressed the issue of inflation, emphasizing the positive economic indicators resulting from government measures, such as a reduction in the current account deficit. Foreign Minister and Deputy Prime Minister Ishaq Dar highlighted Pakistan’s investment potential, particularly in IT and mineral resources, while Pakistani Ambassador to China Khalil Hashmi underscored Shenzhen’s progress as a model for cooperation between the two nations.
