An investment promotion meeting about Pakistan was held on May 18 at the 16th Cross-Strait Fair for Economy and Trade (CFET) held in Fuzhou, capital of Fujian province.
Babar Amin, Pakistan's consul general in Guangzhou, attended the meeting and gave detailed information about Pakistan and its economic and trade environment, and its investment preferential policies, especially in fields such as finance, tax revenue, land and labor resources.
He also gave an overall introduction of a major cooperation agreement signed by China and Pakistan, and recommended some leading areas attractive to enterprises in Fujian province.
According to Babar Amin, in addition to investments in explosive or radioactive substances, weapons and coins, all foreign investments in Pakistan enjoy the same policies as its domestic investments. What’s more, it takes only seven weeks for foreign capital to apply to Pakistan’s market.
Both Pakistan and China enjoy a long-term cooperation in economy and trade and maintain a state of close bilateral relations and friendly ties. Pakistan has become one of the target investment countries for “going out” enterprises and is also one of the most important target markets for China.