Linyi Trade City delegation visits FPCCI

KARACHI: A high powered delegation led by Wang Dong, director general of Linyi Trade City, has visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).

FPCCI vice president Saqib Fayyaz Magoon and members of Pakistan China Business Council of FPCCI welcomed the delegation, a statement said. Wang Dong thanked the FPCCI president Zubair F Tufail for the warm welcome and said China-Pakistan friendship was eternal, and beyond economic and trade cooperation. Explaining the role of his organisation and importance of Linyi city, he said it was a new business hub in Southeast China.

“The city is also called capital of logistics and has number of exhibition centres, warehouses, retail parks, wholesale markets, and manufacturing plants. Thousands of companies from China and rest of the world are already operating and taking their share,” he added.

Wang Dong said they were already working in Gwadar on a project where they have built an exhibition centre of 6,000 square metres, and a warehouse of 140,000 square metres. The project is on its way to completion.

“The workforce includes Chinese and Pakistani men, and the perception being spread that only Chinese have been hired by Chinese companies working on CPEC projects and in Gwadar is devoid of truth,” Wang Dong added.

He showed interest in signing memorandum of understanding (MoU) with FPCCI for mutual cooperation in trade, investment, and increasing import and export between the countries. He also invited the Pakistani businessmen to participate in China (Linyi) International Trade and Logistics Fair (CLITLF) being organised from September 23-25, 2017.

He said Pakistani products would be in high demand in Chinese markets and also emphasised that Pakistan must work on non-traditional commodities to trade and export. This exhibition and Linyi Trade city offers enormous opportunities as thousands of buyers from around the world would attend this fair, and it could be a window of opportunity for Pakistani products to export not only to China but to take orders from other countries, Dong added.