China, Pakistan’s major trading partner with volume of $12.299b

ISLAMABAD: Head of Chinese delegation Ambassador Sha Zukhang has said Pakistan and China are major trading partners with volume of trade reaching an alltime high of US$ 12.299 billion in 2014-15. He said this while addressing a session for the delegate of 100 Chinese investors organized by Pakistan Business Council. The Chinese delegation was briefed about investment opportunities and potential in various sectors of the country, said a statement issued by Pakistan Business Council here on Friday. Head of the Chinese Delegation, Ambassador Sha Zukhang, who was also the chief guest of the session - briefed the attendees about the initiative and interest of Chinese businessmen in supporting the economy of Pakistan. He also admired the efforts made towards ChinaPakistan Economic Corridor (CPEC) through dedication of various stakeholders in both countries. Chairman of the Pakistan Business Council, Bashir Ali Muhammad, while addressing the delegation said "The alliance between China and Pakistan has always been one of our strengths." He said this relationship covers many different areas, including industry, economics, energy, trade and investment, to name a few. He further added "It is not just about building road and railway networks or energy projects but also about a myriad of business and social activities that will create employment opportunities, which lead to a higher level of growth in the country's GDP." It will have a positive impact on Pakistan-China trade but will also encompass Central Asia", he said. Around 100 eminent Pakistani business persons were invited to this event by Ministry of Commerce and Pakistan Business Council.