China to invest in Pak's textile & tech sectors

China is ready to synergize the high-quality Belt and Road cooperation with Pakistan's development plans, carry outcooperation in agriculture, mining, public wellbeing and other areas in accordance with local

Chinese companies have signed multiple Memorandums of Understanding (MoUs) with Pakistani counterparts, Dawn reported.

The MoUs were signed at the 'Business Roundtable Conference' held at the Pakistan Embassy in Beijing, as per Dawn.

The agreements, focused on textile, technology, agriculture, and livestock sectors, were finalised at the 'Business Roundtable Conference.' At the conference, as many as 25 major Chinese companies expressed their deep interest in investing heavily in Pakistan, including agriculture, automobiles, electrical alliances, pharmaceuticals, logistics, medical equipment, and technology companies.

Federal Minister for Board of Investment, Privatisation, and Communications Abdul Aleem Khan presided over this conference at the Pakistani Embassy in China.

Country Director of Hong Kong Business Group Anna Su, Mayor of Daming County, Li Shuang, Chief Advisor Qin Linzheng, Deputy Mayor Sun Deshi, Group President of Lianghao, Li Hui, Qin conditions.