QCB keen for joint ventures

LAHORE: Leader of the Chinese delegation from Qingdao Commerce Bureau Li Qun has said that the administration of Qingdao Commerce Bureau (QCB) is keen to promote province-province integration between Punjab and Qingdao, which could be materialised through the establishment of special economic zones through joint ventures.

Addressing members of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI), he said special economic zones are working successfully in Pakistan and Qingdao Commerce Bureau wanted to establish new SEZs in Punjab, especially in the areas of urban and rural infrastructure, construction, home appliances, IT and digital products, logistics, real estate, biopharmaceuticals, refrigerator, electric bicycle, automatic vending machine, new energy electrical tool vehicle, power plants, including thermal, nuclear, gas, hydro, wind, transformer substation, biomass, photovoltaic, and solar energy sectors.