PM urges Chinese companies to invest in Pakistan
Prime Minister Imran Khan on Tuesday held a series of meetings with the representatives of Chinese companies in Beijing and invited them to invest in Pakistan.
China Gezhouba Group Chairman Lyu Zexiang called on the prime minister in a meeting attended by Foreign Minister Shah Mahmood Qureshi, Planning Minister Khusro Bakhtiar, Railways Minister Sheikh Rashid, Commerce Adviser Razak Dawood, Special Assistant Nadeem Babar and Chairman Board of Investment Zubair Gillani, says a press release issued here by the PM Office.
The China Gezhouba Group Corporation (CGGC), founded in 1970, is one of the most competitive listed companies with very strong financing capabilities. As a transnational operation enterprise with the fastest growth in China, CGGC has expanded its business in more than 100 countries and regions.
In another meeting, the prime minister met CEO of Long March Tyre Company Li Qingwen and discussed investment and business scenario. Chaoyang New Long March Tyre Co. Ltd. is a member of the Lianoning Tyre Group and is one of the best tyre manufacturers.
Also, Chairman of Board Orient Holdings Group Limited Jiang Xueming called on the prime minister and discussed industrial matters.
Orient has business areas involving infrastructure construction, real estate development, construction materials, chemical fibre, mining, e-commerce, new materials and intelligent manufacturing, etc.
In another meeting, Chairman China Metallurgical Group Corporation ( MCC) Guo Wenqing called on the prime minister.
China Metallurgical Group Corporation ( MCC Group) is the longest-running construction group in China's iron and steel industry, serving as the pioneer in this field.
Earlier, Prime Minister Imran Khan arrived here Tuesday on a twoday official visit of China at the invitation of his Chinese counterpart. Upon arrival at Beijing Capital Airport, the prime minister was warmly received by Chinese Minister for Culture, Luo Shugang, Ambassador of China to Pakistan, Yao Jing and Ambassador of Pakistan to China Naghmana Hashmi.
The prime minister was presented Tri Services Static Guard by a smartly turned out contingent. Minister for Foreign Affairs, Minister for Planning, Adviser on Commerce and Chairman Board of Investment were accompanying the prime minister.
During the visit, the prime minister will have meetings with Chinese President Xi Jinping and Premier Li Keqiang. Both the Chinese leaders will separately host banquets in honour of the PM. A number of agreements are expected to be signed at a ceremony to be witnessed by the two prime ministers.
The prime minister's visit is in continuation of the long-established tradition of the leadership of the two countries meeting regularly, and consulting closely on bilateral, regional and international issues of mutual interest. The prime minister will exchange views on regional developments including the state of peace and security in South Asia arising from the situation in occupied Jammu and Kashmir since August 5 this year.
The visit will be instrumental in further cementing Pakistan's economic, investment and strategic ties with China. Among other things, the prime minister will apprise the Chinese leadership of the government's recent landmark decisions to speed-up implementation of ongoing China-Pakistan Economic Corridor (CPEC) projects as well as efforts to project CPEC as a high-quality demonstration project of Belt and Road Initiative (BRI).
There will be interaction with senior representatives of the Chinese business and corporate sector for deepening bilateral trade, commercial and investment partnership.
The prime minister will also be participating in the closing ceremony of the Beijing International Horticulture Expo, as the chief guest, where Premier Li Keqiang will be the host.
This is PM Imran Khan's third visit to China within a year. After swearing in as prime minister, Imran Khan paid the first official visit to China and attended first China International Import Expo held in Shanghai in November 2018. This year in April , Imran Khan visited China and participated in the Second Belt and Road Forum for International Cooperation (BRF) in Beijing.