KARACHI: President Asif Ali Zardari has urged for expanded Chinese investment in various sectors of Pakistan’s economy, highlighting the potential for enhanced economic collaboration between the two nations. In a meeting with a Chinese business delegation led by the Chinese Consul General in Karachi, Yang Yundong, President Zardari emphasized the importance of bolstering economic and commercial ties through greater bilateral engagement.
According to Radio Pakistan, President Zardari underscored the need for increased interaction between the people, investors, and businesses of both countries to foster stronger trade and economic relations. The Chinese delegation expressed a keen interest in investing $1 billion to establish a medical city in Pakistan, aiming to advance the country’s healthcare sector. Additionally, they showed interest in investing across various sectors, including agriculture, livestock, energy, transport, and manufacturing.
Welcoming the delegation, President Zardari pointed out the share
d interests and views between Pakistan and China on key issues, alongside the deep-rooted and historic brotherly ties. He reiterated his vision of developing Gwadar Port into a regional trade and economic hub to improve regional connectivity and boost trade and economic cooperation.
President Zardari assured the delegation that Pakistan is committed to facilitating and supporting Chinese investments, expressing a preference to conduct business with China. He also highlighted the introduction of Chinese language courses in Sindh as a vital step towards strengthening cultural and people-to-people linkages between the two countries.
The meeting was also attended by Chief Minister Sindh, Syed Murad Ali Shah, and other provincial ministers, reflecting a shared interest in enhancing Pakistan-China relations.