Beijing (Web Desk): Prime Minister Shehbaz Sharif on Wednesday held a series of important meetings in Beijing with senior executives of leading Chinese companies to encourage greater business-to-business investment between the two countries.
The talks focused on expanding cooperation in key sectors such as textiles, information technology, agriculture, industry, mines and minerals, road and digital connectivity, e-commerce, and space technologies.
During these interactions, PM Shehbaz highlighted the wide-ranging reforms introduced by the government to stabilize and strengthen Pakistan’s economy.
He pointed to tax incentives designed to attract investors, simplified visa procedures for Chinese citizens, and the establishment of special counters at major airports to make travel and business facilitation easier.
The premier also drew attention to the Special Investment Facilitation Council (SIFC), describing it as a central mechanism that promotes a whole-of-government approach to fast-tracking investments, removing hurdles, and boosting industrial cooperation.
PM Shehbaz stressed that industrial collaboration is the foundation of Pakistan-China economic ties and a defining feature of the second phase of the China-Pakistan Economic Corridor (CPEC).
He invited Chinese businesses to make Pakistan their preferred destination for investment, particularly by relocating industries into Special Economic Zones.
The prime minister emphasized that Pakistan provides distinct advantages, including a large base of skilled yet affordable labor, competitive production costs, and strategic access to both regional and global markets.
Shehbaz Sharif assured Chinese business leaders that Pakistan is dedicated to offering a supportive business climate and enabling mutually beneficial partnerships.
“Chinese investment in Pakistan’s SEZs will contribute to job creation, enhance economic resilience, and further solidify CPEC as a catalyst for regional development, innovation, and shared prosperity,” PM Shehbaz asserted.