A total of 27 Pakistani leather and fisheries companies are set to participate in significant road shows in China on October 29 and November 5, aiming to strengthen business-to-business (B2B) activities with China, a key economic ally. Organized by the Privatization Ministry, these roadshows will be held in Qingdao and Guangzhou, providing a platform for fostering trade and investment collaborations.
The initiative comes as Pakistan seeks foreign investment and regional partnerships to alleviate its ongoing economic challenges. The recent visit of China’s prime minister to Pakistan led to multiple agreements, further enhancing trade, business, and investment cooperation between the two nations.
The roadshows will see representatives from 17 Pakistani fisheries companies and 10 leather companies engaging with potential Chinese partners. “Business-to-business activities between China and Pakistan are progressing, and these roadshows for the leather and fisheries sectors are part of this ongoing collaboration,” the Privatization Ministry stated.
Following a review meeting chaired by Privatization Minister Abdul Aleem Khan, it was highlighted that seven key sectors—including leather, textiles, medical and surgical equipment, fruits, vegetables, plastics, fisheries, and animal foods—hold significant potential for economic growth. Khan emphasized that cooperation between Pakistani and Chinese organizations could lead to a breakthrough for Pakistan’s economy.
Khan also noted that 168 companies from China and 78 from Pakistan are actively cooperating, adding that Pakistan should capitalize on the opportunity to gain a larger share in the transfer of industries from China.
Since 2013, Chinese investment under the China-Pakistan Economic Corridor (CPEC), part of the Belt and Road Initiative, has been a lifeline for Pakistan’s struggling economy. The $65 billion in investments, along with financial support such as loan rollovers, has helped Pakistan meet its external financing needs during a period of critically low foreign reserves.
