Chinese public sector keen to enter into joint ventures

LAHORE (April 20 2009): Chairman, Yunnan Chamber of Commerce, China, Li Jiashou, leading high level Chinese delegation, on Sunday said that Chinese public sector is keen to enter into joint ventures with their counterparts in Pakistan to promote bilateral trade between the two countries.



Speaking at a dinner hosted by Vice President, Saarc Chamber of Commerce and Industry (Saarc CCI) and veteran trade leader, Iftikhar Ali Malik here on Saturday night at his residence, Li Jiashou said, We are in Pakistan to explore the avenues and study the scope of investment in different sectors and invite President Saarc CCI, Tariq Sayeed along with 15-member delegation as key speaker at the inaugural session of 3-day China South Asia Business Forum to be held in kuming China on June 05 under the aegis of China Council for Promotion of International Trade (CCIPT). He said, it the earnest desire of the Chinese public sector to promote business and enter into joint ventures with Pakistan as both countries are time tested friends of each other in their hours of trial.



He said that people of China love Pakistani as compared to all other countries across the globe. Ms Tan Yun said that there was vast scope for promoting tourism in Pakistan and Pakistani diplomats must provide necessary information and tour package regarding tourists spots to attract Chinese to Pakistan.



She said that majority of the Chinese are not aware of the world s best scenic valleys and spots in Pakistan especially in northern areas, including Gilgit, Hunza, Naran, Kaghan, Lahore, Multan, Harrapa and Murree etc.



Welcoming the Chinese delegation, Iftikhar Ali Malik said that China s Trade is about $600 billion in the region and its only $6 billion trade is with Pakistan. He said it is absolutely imbalance of trade and balance of payment is in favour of China. He urged the Chinese delegation for co-operation to get market access to China and asked them to invest in Pakistan.



Iftikhar Ali Malik said that they are already importing hybrid rice seeds from China which has increased their yield hundred percent. He said that time has come that China must transfer its technology to Pakistan.



The dinner was attended by Ms Tan Yun, Vice Secretary General CCPIT, Yunnan Sub-Council, Ms Fan Juanjuan, IR&MA, CCPIT, Yunnan Sub Council, Taimur Ali Malik, Dr Waqar Chaudhary, Anwwar A Sheikh and other elite of the town.



Earlier, the delegation met Sultan Chawla, President FPCCI and Mohibullah Shah, Chairman, Trade Development Authority Pakistan (TDAP). It is worth mentioning here that prominent business leader and President Saarc CCI,Tariq Sayeed has been invited for the second time.


Courtesy: Business Recorder