A joint business conference featuring 25 leading Chinese companies was held in Beijing, focusing on investment opportunities in Pakistan.

Federal Minister of Investment, Communications, and Privatisation, Abdul Aleem Khan, addressed the conference, discussing potential avenues for collaboration between the two countries.

During the event, Chinese investors engaged in detailed discussions with the federal minister, presenting practical suggestions to boost investment.

The discussions revolved around enhancing business cooperation and fostering economic ties between Pakistan and China. The conference saw participation from key Chinese companies operating in sectors such as pharmaceuticals, logistics, medical equipment, and technology.

Abdul Aleem Khan expressed Pakistan’s enthusiasm for welcoming Chinese business investments, stressing the country’s openness to cooperation in various fields, including education, technology, and more.

He highlighted that China, in addition to its involvement in the China-Pakistan Economic Corridor (CPEC), is a partner in the Belt and Road Initiative (BRI), further strengthening the bilateral relationship.

The minister pointed out Pakistan’s strong potential as an investment hub, emphasizing that with a population of over 240 million people, 70% of whom are youth, the country offers a growing consumer market and a skilled IT workforce.

He noted that the cost of doing business in Pakistan is 70% lower than in North America and Europe, making it an attractive destination for investment.

Pakistan’s rich natural resources were also underscored, with the minister for Investment, Communications, and Privatisation mentioning the country’s position as the fifth-largest in population, the seventh-largest in copper reserves, and the second-largest in coal deposits.

He added that Pakistan’s agricultural and livestock sectors have great potential for growth, offering investors vast opportunities to tap into.

Moreover, Pakistan’s access to international markets, including the United States, the European Union, and the United Kingdom, positions it as a suitable destination for business expansion.

Abdul Aleem Khan reiterated Pakistan’s commitment to strengthening its partnership with China and creating a conducive environment for investment that will benefit both nations.