{"id":116480,"date":"2024-12-05T15:45:20","date_gmt":"2024-12-05T10:45:20","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=116480"},"modified":"2024-12-05T15:45:20","modified_gmt":"2024-12-05T10:45:20","slug":"pakistan-attracts-chinese-investments-in-textile-industry","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/latest-business-news\/pakistan-attracts-chinese-investments-in-textile-industry\/","title":{"rendered":"Pakistan attracts Chinese investments in Textile Industry"},"content":{"rendered":"<p>BEIJING, Dec 5 : Pakistan warmly welcomes Chinese investments in our textile sector, highlighted Khalil Hashmi, Pakistan Ambassador to China, during the Pakistan-China B2B Investment Meeting on Textiles held in Suzhou, China.<\/p>\n<p>Organized by the Pakistani Embassy in China, the Pakistani Consulate General in Shanghai, and the Board of Investment (BOI), the event in Suzhou\u2014a renowned hub for China\u2019s textile industry, aimed to foster joint ventures, trade, and investment partnershiips between leading Pakistani and Chinese textile and apparel enterprises. On this occasion, a Textile One Window Network (TOWN) Office under the Belt and Road Initiative (BRI) was also launched.<\/p>\n<p>Eleven prominent Pakistani companies participated in the event, these companies engaged 37 major Chinese companies to discuss specific proposals and explore avenues for future collaboration, China Economic Net (CEN) reported on Thursday.<\/p>\n<p>Ambassador Hashmi highlighted the strategic advantages of investing in Pakistan\u2019s textile sector, describing it as a pillar of the country\u2019s economy.<\/p>\n<p>\u201cPakistan offers global market access, long-standing expertise, and a vertically integrated supply chain,\u201d he stated. \u201cWith preferential access under the China-Pakistan Free Trade Agreement (CPFTA), the European Union\u2019s GSP+ scheme, and the UK\u2019s Developing Countries Trading Scheme (DCTS), investing in Pakistan opens doors to some of the world\u2019s largest and most lucrative markets.\u201d\u009d<\/p>\n<p>Secretary of the Board of Investment, Rahim Hayat Qureshi, delivered a comprehensive presentation outlining Pakistan\u2019s robust investment policies and facilitation mechanisms tailored for the textile sector. He elaborated on a range of incentives, including streamlined regulatory processes, tax benefits, and infrastructure support within Special Economic Zones (SEZs).<br \/>\nThe event was part of a series of sector-specific initiatives directed by the Pakistani Prime Minister to strengthen the country\u2019s industrial base and enhance economic ties with China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, Dec 5 : Pakistan warmly welcomes Chinese investments in our textile sector, highlighted Khalil Hashmi, Pakistan Ambassador to China, during the Pakistan-China B2B Investment Meeting on Textiles held in Suzhou, China. Organized by the Pakistani Embassy in China, the Pakistani Consulate General in Shanghai, [&#8230;]<\/p>\n<p>\n","protected":false},"author":16,"featured_media":116481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,17784],"tags":[],"class_list":["post-116480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-business-news","category-china-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan attracts Chinese investments in Textile Industry<\/title>\n<meta name=\"description\" content=\"Pakistan attracts Chinese investments in Textile Industry\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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