Pakistan initiated negotiations with China’s CZK Huarui Group, a 60-year-old business conglomerate. The talks centered on the group’s plans to invest in Pakistan across several sectors, including Artificial Intelligence, Science & Technology, Modern Agriculture, Healthcare, Logistics, and Infrastructure, with a particular emphasis on enhancing the supply chain market.
One of the main topics was boosting E-commerce in Pakistan through cooperation with China, recognizing it as a critical need for the country’s economic growth. Federal Minister of the Investment Board, Abdul Aleem Khan, assured the Chinese representatives of a supportive and favorable business environment in Pakistan. He emphasized the importance of strong trade relations between neighboring countries like China and Pakistan, highlighting the positive impact on both nations.
CZK Huarui Group’s Chairman Liu Yafie, General Manager Sophia Lee, Davi Dong, Chen Wenlong, and Shi Jie expressed their commitment to increasing the import and export of goods in Pakistan. They also discussed enhancing bilateral collaboration in industry, academia, research, and asset management.
Federal Minister for Commerce Jam Kamal Khan pledged full cooperation in trade and commended the Chinese group’s interest in large-scale investments in Pakistan.
In a parallel meeting, a delegation from Tangshan Donghua Iron and Steel Group, based in Beijing, met with Federal Minister Abdul Aleem Khan to explore investment opportunities in Pakistan. Discussions included potential investments in Pakistan Steel Mills and the iron industry. Senior Advisor to the Chairman of Donghua Group, Ms. Luo Shu, briefed Minister Khan on the group’s investment possibilities and bilateral trade issues, reinforcing the growing economic ties between Pakistan and China.
