APCEA, FPCCI join hands to boost Pak-China trade


NH Naqvi


Chairman All Pakistan China Enterprises’ Association (APCEA) Li Zhihuai on Wednesday has urged the traders’ unions and firms to join hand to strengthen business ties with China during an event organized by APCEA  and FPCCI in Islamabad.

He emphasized cooperation and creating corridors between the traders, business firms of both countries to boost up the economy and business opportunities.

Advisor to Prime Minister for Commerce, Textile & Industry Production and Investment, Abdul Razak Dawood was the chief guest on the occasion, Ambassador of the Peoples Republic of China to Pakistan Yao Jing, Chairman APCEA Li Zhihuai, President FPCCI Ghazanfar Bilour and Chairman United Business Group (UBG) and Senior Vice President of the SAARC Chamber of Commerce Iftikhar Ali Malik were also present on the occasion.

Chairman APCEA said that the All-Pakistan Chinese Enterprises’ Association was registered in Pakistan with the SECP as per the approval of the Ministry of Commerce China and relevant Pakistani laws. It is a self-disciplinary and non-profitable organization, which represent for all the Chinese enterprises in Pakistan, and works under the instructions from the Chinese Economic and Commercial Counselor’s Office of the Embassy. It has 3 branches namely the Islamabad Branch, the Karachi Branch and the Lahore Branch. Presently it has in total 159 member companies from different areas of business like infrastructure construction, finance, energy, investment, trade, aviation and security.

The Association has divided all its board member companies into 4 groups namely transport infrastructure, industry, energy, finance and communications by their different scope of business.

The Association has established a security information exchange platform and tax information exchange platform. Also established a website, and carried out different kinds of internal communicating activities with the guidelines from the Counselor’s Office.

China and Pakistan have enjoyed a special friendly relationship which can be dated back for decades. Nowadays, the China-Pakistan Economic Corridor has drawn so much attention as the frontline of One Belt One Road Initiative. As the most loyal inheritor for Pak-China all-weather friendship and the sincerest service provider for CPEC, the All-Pakistan Chinese Enterprises’ Association will continue its efforts to deepen the bilateral economic and trade cooperation, further improve the people to people communications, and bring the welfare and fortune to both our two peoples.

Today the All-Pakistan Chinese Enterprises’ Association and the Federation of Pakistan Chambers of Commerce & Industry going to sign a Memorandum of Understanding, signing this MoU will lay a solid foundation for our two Organizations’ future friendly cooperation.

“I was told that our member company of APCEA China Road and Bridge Corporation will sign respective MoUs with the Islamabad, Peshawar and Rawalpindi Chambers of Commerce for the marketing & Propaganda of Rashkai Special Economic Zone. I am so pleased to see that our forum can yield fruitful achievements” Li Zhihuai added.

He emphasized the to take the full advantage of this forum to make networking with all the participants and hoped that APCEA can join hands with FPCCI to set up a platform for both Chinese and Pakistani entrepreneurs, which will bring more energy to Pak-China Economic Cooperation and create more business opportunities for enterprises from both countries.

Ghazanfar Bilour said that MoU between APCEA and FPCCI is a milestone to open the gate of emerging opportunities and exchange of knowledge and technology, which will provide value addition to the society.

Chinese Ambassador said that I believe that the Chinese business community can help and assist in developing different projects in Pakistan and China can provide more market access.

The PM of Pakistan is visiting China this week to take part in first China International expo, that will provide an opportunity for China to buy more from Pakistan. The business community of China can also assist in building capacity of Pakistani manufacturing and export.

A number of stalls were also displayed from different Chinese enterprises, among them were Rashakai Special Economic Zone a CPEC pilot Project dedicated to industry cooperation between Pakistan and China.