Chinese investors focus on power supply policies: Pakistan-Wuxi Investment Seminar
WUXI, Aug 18th (Gwadar Pro)- The Pakistan Investment Promotion Seminar was held in Wuxi city, Jiangsu province on 17th August. 22 companies from different sectors participated in the seminar. The textile industry, power supply policies and trade preferential agreements are the key focuses among Chinese investors.
Consul General of Pakistan in Shanghai Hussain Haide，attended the seminar, and made a detailed presentation on Pakistan’s business environment and incentives.
“Pakistan is one of the earliest supporters of the ‘the Belt and Road’ initiative, China Pakistan Economic Corridor plays a pivotal role in Pakistan's economic development. We hope that more Wuxi enterprises can join China Pakistan Economic Corridor and achieve win-win development.” The consul general stated.
Premier Autoparts, a local firm in Wuxi, shared its experiences of investing in Pakistan, stating that the local cost advantages and preferential policies made Pakistan a promising investment destination.
Zhao Jianjun, the Mayor of Wuxi Municipal People’s Government, met with the Consul General during his visit. Both sides exchanged visions on promoting deeper bilateral trade and people-to-people cooperation. The mayor expressed his willingness for Wuxi and Lahore to become sister cities in the near future.