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Senate Chairman launches Chinese enterprises report

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Pakistan-China Institute and All-Pakistan Chinese Enterprises Association (APCEA) launched the annual ‘APCEA Sustainable Development Report 2021’ during an event organized at the Chinese Embassy.

The event was attended by over 100 participants and featured five speeches, including the Chief Guest, Sadiq Sanjrani, Chairman Senate of Pakistan, Yang Jiandou, Chairman APCEA, Senator Mushahid Hussain Sayed, Chairman Senate Defence Committee & Pakistan-China Institute, Khalid Mansoor, Special Assistant to PM on CPEC Economic Minister Xie Guoxiang and Nong Rong, Ambassador of China to Pakistan.

APCEA represents 200 Chinese Companies working in Pakistan. Speakers also welcomed the upcoming visit of the Prime Minister to China early February, as it would strengthen the bilateral bond.

Senate Chairman Sadiq Sanjrani in his keynote speech said that through this report, the people will learn more about CPEC and the opportunities being created by Chinese enterprises in Pakistan.

Terming CPEC as a game changer, he said the project will create trade linkages and economic opportunities in the whole region. Moreover, he said that after overhauling the infrastructure and alleviating the energy crisis in the first phase, CPEC Phase two will initiate an era of industrialization in the country.

To harness the opportunities brought by the second phase, he advocated for enhancing communication with Chinese enterprises. He urged APCEA to closely coordinate with the Chambers of Commerce and Industry in Pakistan.

Senator Mushahid Hussain Sayed, Chairman Senate Defence Committee & Pakistan-China Institute said that APCEA report will serve the purpose of presenting facts and nullifying the fiction being propagated by the adversaries of China about CPEC.

Ambassador Nong Rong, said that last year, China and Pakistan held series of celebrations to reinvigorate their time tested friendship as it marked the 70th anniversary of diplomatic relations. Both sides have supported each other in their fight against the global pandemic and pushed forward high quality development of CPEC. He said China had invested over $25 billion in Pakistan on CPEC projects generating 75,000 jobs, producing 5500 kw of electricity and building over 500 kilometers of roads and highways.

Khalid Mansoor, Special Assistant to PM on CPEC, said that he has seen at first hand the difference being created by the work of Chinese enterprises in Pakistan.

Through CPEC, the dream of Thar Coal energy became a reality. CPEC Authority, he said, is working tirelessly to remove any bottlenecks which may emerge during the execution of CPEC projects.

Guoxiang, Minister Counselor of Economic Affairs of Chinese Embassy said the trade and economic cooperation between two countries has been further cemented.

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