Skip to main content

Chinese business companies seek better investment environment CPEC to help both countries discover new avenues of bilateral cooperation, says Chairman CPSSC Lv Xinuha

 March 26, 2019

Zubair Qureshi

China Pakistan Economic Corridor (CPEC) offers immense trade and business opportunities to the enterprises and business entities of both countries and through this mega project more incentives and initiatives will keep flowing for the good of the entire region.
This was said by Chairman of Council for Promoting South-South Cooperation (CPSSC), a non-government organization (NGO) of China entrusted to promote overseas trade and investment opportunities Mr Lv Xinhua during an interview with media persons here Monday.
Mr Xinuha who is currently visiting Pakistan leading a delegation of 28 business enterprises and a total of 40 entities briefed the media persons at his hotel room about the purpose of his two-and-a-half day stay in Pakistan saying it is to better investment environment between the two countries and hold meetings with officials and businesses for the ease of doing business for Chinese companies.
During this period, Chinese business companies will have close interaction with their Pakistani counterparts to learn from each other’s experience and strike a common cord of interest.
“I am in Pakistan to meet the officials as well as local companies’ representatives, trade and investment regulatory bodies so that business between the two countries could flourish in a hassle-free environment,” he said. To a question about CPSSC, he said all progress in trade and investment between China and Pakistan can be defined as South-South Cooperation and it covers all the energy and electricity projects, roads and infrastructure, port and industry etc. Belt & Road cooperation has strengthened Pak-China cooperation and Chinese business companies are looking towards this market for investment and trade purposes.
Mr Xinhua made it clear that he was not in Pakistan to sign a deal or an MoU, however he said there was some possibility of the same in future. Chinese investors are keen to invest in energy, electricity, environment protection, textile and chemical sectors, he said. Since Chinese investors are interested in making investment in Pakistan I am here to create good business environment for them, said Mr Xinhua.
To a question, he said Pakistan has recently announced a number of incentives for foreign investors and I hope the government takes care of the needs of the Chinese investors. To a question, Mr Xinhua said he saw Pakistan on the same path that China has treaded during last 40 years of opening up and reform.
About South-South Cooperation and its role in boosting bilateral trade, he said the CPSSC works under the Ministry of Foreign Affairs and around 120 enterprises are its members while more than 100 senior retired Chinese diplomats are serving to make the council watch interests of the Chinese business companies overseas and generate smooth trade and investment environment.
About doing business in Pakistan, he said when we mention Pakistan in China people think of a country that is friendly and close to their hearts. About business problems for Chinese companies, he said there is no country where you don’t face problems but with discussion and consultation you come over them.



https://pakobserver.net/2019/03/26/chinese-business-companies-seek-better-investment-environment-cpec-to-help-both-countries-discover-new-avenues-of-bilateral-cooperation-says-chairman-cpssc-lv-xinuha/

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

The Rise of China-Europe Railways

https://www.csis.org/analysis/rise-china-europe-railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…