Pakistan eyes stronger market presence in China through CIIE

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Observer Report
Beijing

Pakistan attaches great importance to the China International Import Expo (CIIE) and hopes to gain deeper insights into the Chinese market and business patterns through the event, a Pakistani diplomat said.

In an interview, Pakistan’s Consul-General in Shanghai Hussain Haider said that several companies from Pakistan have attended the last three editions of the CIIE, and his country is currently preparing for the fourth expo, which is scheduled to take place in November this year.

He said the experiences Pakistani companies have gained from the CIIE will lead to wide-ranging benefits, China Daily reported on Saturday.

At a recent Pakistani culture fair held in Shanghai, which features various local specialty goods, Haider stressed that China is Pakistan’s largest trading partner and second largest export destination.

The ministries of commerce in both the countries have made great efforts to enhance bilateral trade since the launch of the China-Pakistan Economic Corridor.

Aqeel Chaudhry, founder and CEO of a renowned jewellery brand Winza, said that the tax exemption agreement has significantly boosted the business of Pakistani companies.

Winza was among the Pakistani exhibitors that attended the third CIIE, during which it displayed 36 precious gems and secured orders worth around 5 million yuan ($760,000).

Many famous Shanghai companies also expressed their intention to cooperate with Winza, which has to-date signed agreements with three of them, Chaudhry said

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