Since last year, B2B conferences, roadshows in China have led to 300 MoUs and 25 JVs worth $11b

Ambassador Khalil Hashmi, Pakistan’s permanent representative to UN office in Genera. PHOTO: APP


BEIJING:

Pakistan’s Ambassador to China Khalil Hashmi on Monday held individual meetings with Pakistan’s honorary investment counsellors in China to strengthen coordination and set priorities for the year ahead.

The meeting was attended by Ma Xiaoli, representing Yuan Jianming, Zhang Baozhong, Wang Zihai and Jian Peng. Besides individual meetings, the ambassador also held a collective working luncheon with the investment counsellors.

Hashmi appreciated the counsellors’ sustained efforts across a wide geographic spread covering Hong Kong-Macao-Greater Bay Area, a region known for innovation in science and technology, Xinjiang, a gateway to Pakistan, Shandong, a major industrial base and Henan, an emerging agriculture hub.

He underscored the counsellors’ important role in advancing trade, investment and people-to-people linkages. He encouraged them to synergise their efforts with Pakistan’s national development priorities and mobilise Chinese investments in export-oriented sectors of Pakistan.

Highlighting the progress made in the past two years to mobilise investment in priority sectors, the ambassador briefed them on identifying 21 key sectors, channeling investments in these sectors through joint ventures to boost productive capacities and integrating investments with human capital development.

He expressed satisfaction over the unprecedented results achieved from the two B2B Investment Conferences held in Shenzhen and Beijing and six sectoral investment roadshows held since last year, which cumulatively led to the signing of over 300 MoUs and 25 joint ventures worth $11 billion so far.

He shared with them the active follow-up mechanism underway in Pakistan at the high level to facilitate the implementation of the MoUs. The ambassador advised the counsellors to actively pursue the MoUs falling within their respective jurisdictions to translate commitments into tangible outcomes.

The investment counsellors welcomed the initiative to convene a focused annual review by the ambassador, marking the beginning of an institutionalised engagement. They shared their plans for 2026 and expressed resolve to lend full support to the embassy’s economic diplomacy agenda while boosting bilateral cooperation in the mutually beneficial areas.

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