Federal Minister Ahsan Iqbal, in a video statement before the departure, mentioned that a significant number of Pakistani and Chinese companies would participate in the business forum scheduled for June 5 in Shenzhen. During the forum, various Memoranda of Understanding (MoUs) and agreements for cooperation and partnership between Pakistani and Chinese companies will be signed. This initiative aims to boost investment and exports from Pakistan as part of the second phase of the China-Pakistan Economic Corridor (CPEC).
The primary focus of the visit is on enhancing bilateral economic relations and fostering business-to-business collaborations. Notably, a large contingent of investors and industrialists from 79 Pakistani companies has also traveled to China to participate in the business-to-business conference in Shenzhen. These representatives will engage with their Chinese counterparts to explore opportunities for mutual growth and cooperation.