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On April 28th, Sun Ruizhe, President of China National Textile and Apparel Council, was invited to attend the Pakistan China Trade and Investment Forum hosted by the Pakistani Ministry of Commerce at the China World Hotel, and with Pakistani Prime Minister Imran Khan and Prime Minister Admiral Abdul Le Daoud, Pakistani Foreign Minister Mahdum Kuressi, Finance Minister Abdul Shayken, Pakistani Ambassador to China Masood Khalid, Chairman of Pakistan Gulmme Textile Group, International Textile Federation Former President Mohamed Basar and his party had a friendly exchange. Yuan Hongping, deputy secretary general of China Textile Association, accompanied the attendance.
According to Daoud, Imran Khan’s visit to China, in addition to participating in the second “Belt and Road” international cooperation summit held in Beijing, has an important task of signing the China-Pakistan Free Trade Agreement. This will be a turning point in the economic and trade cooperation between China and Pakistan, and will also open a new chapter in the trade and investment cooperation between China and Pakistan. In recent years, the “China-Pakistan Economic Corridor” has achieved initial results as the flagship project of China’s “One Belt, One Road” initiative: construction of Gwadar Port, energy cooperation, and planning of special economic zones. In particular, after the signing of the China-Pakistan FTA, combined with Pakistan's labor cost advantage, transportation advantages, power supply improvement, and series of tariff preferences, Pakistan sincerely welcomes Chinese textile enterprises to invest and build factories in Pakistan to achieve the complementary of the textile industry of the two countries. win.
Sun Ruizhe said that with the continuous advancement of the “Belt and Road” construction, the Chinese textile industry has accelerated the pace of global distribution, especially in the countries and regions along the “Belt and Road”. China and Pakistan have a long history of friendship. Pakistan is China's only all-weather strategic partner.
At the moment, it is a good opportunity to strengthen cooperation in the textile industry between the two countries. Sun Ruizhe made three suggestions on how to attract Chinese textile companies to invest in Pakistan. First, the two governments should strengthen consensus and increase support for Chinese textile enterprises in Pakistan. Second, establish the China-Pakistan Investment Joint Committee to establish a normal state. Dialogue mechanism to jointly explore feasible cooperation projects; again, the two sides should strengthen business visits and enhance mutual understanding and mutual trust. China Textiles will consider the delegation of entrepreneurs to go to Pakistan for on-the-spot visits and inspections, and also welcome Pakistani companies to come to China for docking exchanges.
Imran Khan listened carefully to Sun Ruizhe's suggestion that the Pakistani government will provide convenient conditions and full support for Chinese companies investing in Pakistan, hoping that more and more Chinese textile companies will take root in Pakistan.
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