PCJCCI identifies sectors for JVs

LAHORE: Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has identified seven high potential sectors for joint ventures and investment between the two countries.

These sectors included handicrafts, textile, leather, gemstone, sportswear, surgical instruments, technology-based agriculture along with reclamation and salinity control. PCJCCI Office-bearers presented a research paper to Teng Shaung, deputy minister China, counsel for the Promotion of International Trade Jinan, during a meeting here at the Expo Centre, according to the chamber's spokesperson on Monday.

Shaung was heading an 81-member delegation to participate in the auto show, which got the entire auto engineering sector assembled under one roof.

All government high-ups, local and international buyers and manufacturers along with machinery manufacturers, raw material providers, and service providers were present at the event. She also distributed a questionnaire backed by the primary research to have direct feedback from the stakeholders of auto market on this occasion. Shaung expressed satisfaction and hope for the joint business ventures in different sectors. She thanked PCJCCI President S M Naveed and other office-bearers for serving as a bridge between the business communities of Pakistan and China and to explore and expand the opportunities in the commercial and industrial sector.