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Latest News - August 24, 2019

Chinese Industrialist Offers to Modernize Pakistan’s Textile Industry

A Chinese business delegation led by CEO Yantai Zhonglian Industry Jiang Xuelian met with Executive Committee Members of Pakistan-China Joint Chamber of Commerce & Industry (PCJCCI). She proposed to introduce modern technology to Pakistan through joint ventures in the textile industry of Pakistan. This prospect of collaboration would revamp the domestic textile industry. In this B2B meeting, PCJCCI Secretary-General Salahudin Hanif said Chinese assistance would substantially benefit the emerging economic status of Pakistan. Moreover, it will provide new opportunities to Pakistani investors and their Chinese partners.

LAHORE: Chinese business delegation has offered to introduce modern technology through joint ventures in textile industry of Pakistan.

CEO Yantai Zhonglian Industry Jiang Xuelian discussed the prospects of collaboration with the domestic textile units in a business-to-business meeting held here on Friday.

Executive Committee Members of Pakistan-China Joint Chamber of Commerce & Industry (PCJCCI) Dawood Ahmad, Farooq Ali Khan Sherwani and Secretary General PCJCCI Salahuddin Hanif attended the meeting.

Representatives of various companies of Pakistan’s textile industry making woven fabric, knitted fabric and flannel fabric were also prsent.

Jiang said that her company was capable of designing, manufacturing and exporting.

“We want to introduce innovative contemporary technology of Europe to Pakistan,” she said.

Dawood Ahmad and Farooq Ali Khan Sherwani said China had been offering an incredible support to Pakistan at all times.

“The constant assistance of China will do wonders for the emerging economic status of Pakistan”.

PCJCCI Secretary General Salahudin Hanif said that such meetings will help develop smooth bilateral trade between the two countries.

“These sessions will open new opportunities for Pakistani investors and their Chinese counterparts,” he said.

It is notable that PCJCCI has expedited the efforts to hold business-to-business meetings and exhibitions with the aim to provide one-stop shop for all industry products from processing technology to the finished products to develop bilateral relations between Pakistan and China.

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