Lahore: In a bid to enhance bilateral trade, investment, and industrial cooperation, a Chinese delegation from Xinjiang Province visited the Lahore Chamber of Commerce and Industry (LCCI). The delegation focused on sectors such as agriculture, textiles, food processing, livestock, technology transfer, cross-border e-commerce, hospitality, tourism, and regional connectivity.
According to Lahore Chamber of Commerce and Industry, the Leader of the Chinese Delegation, Ha Zengyou, emphasized the need for entrepreneurs and businesses to translate government-level agreements into economically viable projects. Ha noted that the Xinjiang Production and Construction Corps (XPCC) and Lahore possess complementary industrial strengths, offering significant potential for cooperation in agriculture, textiles, manufacturing, trade, and infrastructure.
The discussions also featured the participation of Yang Guangyuan, Minister Counsellor at the Embassy of China, alongside LCCI President Ali Hussam Asghar and other notable members of the LCCI. Ha Zengyou outlined a four-pronged framework for cooperation, prioritizing agriculture and food processing, textiles, new trade channels, and connectivity and infrastructure. He highlighted Pakistan's strong potential in fruits, vegetables, seafood, and other agricultural products, while noting XPCC's expertise in standardized cultivation and livestock raising.
LCCI President Ali Hussam Asghar highlighted the longstanding friendship between Pakistan and China and stressed the need for stronger business partnerships and economic cooperation. He identified water-efficient farming, improved cotton productivity, and halal meat production as promising areas for joint ventures. He also invited Chinese investors to explore opportunities in Punjab’s industrial infrastructure and Special Economic Zones.
LCCI Senior Vice President Sardar Usman Ghani proposed the establishment of a Chinatown in Lahore to create a welcoming environment for Chinese investors and professionals. He emphasized Lahore's strategic location and developed transport network as attractive features for international investors. Former LCCI President Shahzad Ali Malik underscored the strategic importance of cotton for Pakistan and called for benefiting from Chinese expertise in cotton cultivation.
As the dialogue between the two regions progresses, it is expected to pave the way for increased economic ties and mutual growth opportunities.