China Pakistan Economic Corridor Industrial Investment Cooperation Series B2B Online Meeting (Textile Industry Special Session) Successfully Held

In order to celebrate the 70th anniversary of the establishment of diplomatic relations between China and Pakistan, and to promote the economic, trade and investment cooperation between China and Pakistan in the context of joint anti epidemic, the China Council for the promotion of international investment, together with the Investment Committee of Pakistan and the China Textile Industry Federation, jointly organized the first B2B online conference on industrial investment cooperation in China Pakistan Economic Corridor with the theme of textile industry on April 27, 2021, We will work together to promote diversified industrial exchanges and cooperation between China and Pakistan in the second stage of the China Pakistan Economic Corridor.

During the opening ceremony, Wei Yan, deputy director general of Asia Department of the Ministry of Commerce of China, Yao Wenping, executive vice president of China Council for the promotion of international investment, Xu Yingxin, vice president of China Textile Industry Federation, President of China Council for the promotion of international trade, and Chinese chairman of China Pakistan entrepreneur Committee Zhang Hongpeng, deputy general manager of Karachi branch of industrial and Commercial Bank of China, khashih ur Rehman, executive director and Secretary of Pakistan Investment Commission, fareena MAZHAR, Secretary of Pakistan Investment Commission, delivered speeches or speeches respectively, briefly introducing the important achievements in the development of China Pakistan Economic and trade relations under the background of the "belt and road" construction, The broad prospects of investment cooperation in key industries including textile industry in the second stage of China Pakistan Economic Corridor are prospected.

Xu Yingxin, vice president of China Textile Industry Federation, delivered a keynote speech on the development of China's textile and garment industry and the prospect of cooperation between China and Pakistan. In his speech, president Xu pointed out that Pakistan is an important cooperative partner of China's textile industry along the belt and road, and that strengthening cooperation between China and Pakistan in textile industry is conducive to the common development of both industries. The industrial cooperation between the two countries has great potential, especially the cooperation between the industries of the two countries around cotton spinning, garment manufacturing and linking up the upstream and downstream of the industrial chain is full of opportunities. The rapid construction of the China Pakistan Economic Corridor has undoubtedly provided strong support for enterprises in terms of facility connectivity. At the same time, China Pakistan FTA also provides a strong backing for the smooth exchange of textile and clothing products between the two countries. As a representative of the interests of Chinese textile enterprises, China Textile Federation is very willing to cooperate with Pakistani government agencies, associations and enterprises to build a bridge between the textile industries of the two countries.

At the stage of special speech, general director of Pakistan textile industry department (Ministry of textile), Shahid Sattar, Secretary of all Pakistan National Textile Enterprises Association, and Du Zhenli, editor of Pakistan textile industry diagnosis report, introduced and analyzed the development situation, policy overview, promotion direction and main suggestions of China Pakistan textile industry project docking and cooperation; Wang Lu, director of Industrial Service Department of Investment Department of China Road and bridge group, and Mr. Mian Kashif Ashfaq, chairman of fissalabad industrial real estate development and management company, introduced the planning, construction and management experience of professional industrial parks.

In the connection and exchange link, Zhao Dong, vice president of Henan garment industry association, Liu Yi, deputy secretary of the Party committee of Liaoning Xiliu garment business management group Co., Ltd., Bao Dequan, general manager of Jiangsu Saige Textile Machinery Co., Ltd., and senior executives of Pakistan Sutai Enterprise Co., Ltd., free mill, Mahmoud group and other enterprises represented the textile enterprises of China and Pakistan on the status quo of cluster development The operation and development situation and cooperation intention of each enterprise have been fully exchanged, and preliminary docking has been carried out on the demand of recyclable chemical fiber materials, tooling manufacturing and market cooperation.

More than 70 representatives from relevant government departments, textile industry enterprises and institutions of China and Pakistan were invited to attend the meeting, which achieved effective results.