- Extolls China’s commitment to bringing peace to world, as a friend, and close partner of Pakistan
- Vows heightened security for Chinese citizens working in Pakistan, promising to prioritize their safety
KARACHI: Prime Minister Shehbaz Sharif assuring resource availability pledged to provide steadfast support to foreign investors like never before for mutual benefit.
“The Shenzhen speed is remarkable achievement. Going back to Pakistan, it’s enough for us to learn from”, Premier Shehbaz Sharif stated while speaking at the Pakistan China Business Forum in Shenzhen on Wednesday.
The prime minister lauded China’s developmental achievements as exemplary during his visit to the brotherly country.
Speaking at the forum, PM Shehbaz stressed the importance of bolstering the relationship between the two nations and fostering increased investment.
PM Shehbaz declared that Shenzhen’s modernization offered Pakistan lessons to replicate and emulate.
“A few decades ago, Shenzhen was a small fishing village, but today, with a population of 17 million people, it has created a GDP of around USD 500 billion”, Prime Minister Muhammad Shehbaz Sharif said at the Pakistan China Business Conference held today in Shenzhen, according to a report carried by China Economic Net (CEN) on Wednesday.
Going through the history of China, he attributed China’s dynamic economic advancement to the “solidarity” of Chinese people, their “untiring efforts” and “forward-going visions” of the leadership.
He also highlighted China’s achievements in erasing corruption, poverty alleviation, and youth empowerment.
Referring to the ensuing B2B session of the conference, which provides opportunities “of unprecedented scale” for bilateral companies in ICT, EV, solar, textile, steel, agriculture, etc. to explore chances of cooperation, he urged Pakistani companies to sit down with Chinese counterparts and find out how to attract China’s industries to Pakistan.
“Pakistan’s mining sector is worth USD 10 trillion, but for now only USD 30 million is availed.
Today is the moment for you to capture”, he said, adding that support will be provided like never before for mutual benefit.
He also extolled China’s commitment to bringing peace to the world. Hailing China’s role as a friend, neighbor, and close partner of Pakistan through thick and thin, he pledged to spare no effort in protecting the lives of Chinese brothers and sisters in Pakistan.
He mentioned the establishment of a business council to facilitate investments in Pakistan and reiterated the government’s commitment to providing necessary facilities to foreign investors and businessmen.
Highlighting Pakistan’s abundant resources, the PM underscored the potential for economic growth.
Regarding security concerns, Sharif expressed condolences over the tragic incident where five Chinese citizens lost their lives to terrorism in Besham.
He affirmed China’s status as a steadfast friend and partner to Pakistan, offering support in times of need, be it during conflicts, natural disasters, or on global platforms.
The PM assured heightened security measures for Chinese citizens working in Pakistan, promising to prioritize their safety.
During a meeting with Zhu Zhaojiang, 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.
Shehbaz Sharif directed relevant authorities to collaborate with Transsion Holdings to devise an action plan.
Finance Minister Muhammad Aurangzeb addressed the issue of inflation, stating that government measures have led to positive economic indicators, including a reduction in the current account deficit.
Foreign Minister and Deputy Prime Minister Ishaq Dar emphasized Pakistan’s investment potential, particularly in IT and mineral resources, while Pakistani Ambassador to China Khalil Hashmi highlighted Shenzhen’s progress as a model for cooperation between the two nations.
