On October 20, the China-Pakistan Textile Industry Cooperation and Exchange Conference hosted by the China National Textile and Apparel Industry Federation was held in Shanghai. Wang Tiankai, President of the China National Textile and Apparel Council, Shah Jahan, Minister of State of the Ministry of Commerce of Pakistan, Xu Yingxin and Yang Shibin, Assistant Presidents of the China National Textile and Apparel Council, Maratha, Vice Chairman of the Pakistan Investment and Trade Commission, and more than 100 business representatives from the two countries. people attended this meeting. The meeting was chaired by Gao Yong, Vice President of China Textile and Apparel Federation.
The talks between the two sides originated from Wang Tiankai’s meeting with Sharif, Minister of Pakistan’s Punjab Province, and his delegation in Beijing in July this year. The two sides reached a consensus on deeply tapping the potential for cooperation in the textile industry between the two countries and improving the level of cooperation. In August, the Chinese delegation led by Gao Yong visited Pakistan. The two parties signed a “Memorandum of Cooperation” on jointly promoting the development and construction of the “Punjab Textile and Garment Special Economic Zone” and decided to promote international textile fabrics and accessories (autumn and winter) in China. ) China-Pakistan Textile Industry Exchange Meeting will be held during the Expo.
In his speech, Wang Tiankai first gave a brief summary of the current situation of China’s textile industry and China-Brazil trade situation, and said that the textile industries of China and Pakistan are highly complementary, and strengthening cooperation in the textile and apparel industry is important to both parties. He said that China’s textile industry has entered a stage of in-depth adjustment, accelerating the transformation of economic growth mode, increasing global optimization of resource allocation, and actively participating in international cooperation, which have become the key to technological innovation, brand building, sustainable development and improvement of talent quality in China’s textile industry. Important way; Pakistan’s textile industry is also at a critical period of development. Strengthening cooperation, complementing each other’s advantages, and jointly exploring the potential of cooperation between the two countries’ textile industries will surely bring tangible benefits to the enterprises of both countries.
In his speech, Shah Jahan also expressed the hope that the two countries will strengthen cooperation in the textile field. In his view, the signing of the memorandum of understanding on the development and construction of the “Punjab Textile and Garment Special Economic Zone” is a new beginning for cooperation in the textile industry between the two countries. At the same time, he introduced in detail various favorable investment policies implemented by the Punjab Economic Zone in order to attract Chinese companies to negotiate investment. He said that this is a good opportunity for the development of the textile industries of both countries. Pakistan is willing to provide complementary support for the adjustment and upgrading of China’s textile industry. He hopes that more Chinese textile companies will participate in the development and construction projects of the Punjab Economic Zone. We also hope that China and Pakistan will invest more and more in each other’s textile field.
In order to allow the Pakistani personnel attending the meeting to better understand the current situation of China’s textile industry and the “going global” situation of Chinese textile enterprises, Xu Yingxin used detailed data to describe the booming development trend of China’s textile industry in his speech, and sorted out The core competitive advantages of China’s textile industry and enterprises were also discussed. The current policies and measures adopted by the Chinese government to encourage enterprises to “go global” were also discussed. Regarding the prospects of China-Pakistan cooperation, he said that the strong support from relevant departments of the Punjab provincial government will help Chinese textile companies make bold and confident investments in the long term. A transparent and stable investment environment is very important to companies on both sides.
In the following speeches, Malata, Vice Chairman of Pakistan Investment and Trade Commission, and Zaid Basar, Head of Gulme Group, introduced in detail the development status and advantages of Pakistan’s textile industry, as well as the investment policy of Punjab Province. and environment, including infrastructure, logistics, raw materials, labor, energy supply, etc., allowing Chinese textile companies to have a deeper understanding of the necessary information and potential opportunities for investment in Pakistan.
The heads of China Cotton Textile Industry Association, China Chemical Fiber Industry Association, China Home Textile Industry Association, China Garment Association, China Knitting Industry Association, and China Textile Machinery and Equipment Industry Association also attended the meeting and gave detailed speeches. It briefly introduced the development status and cooperation prospects of various subdivided fields of China’s textile industry.
At the same time, in order to allow Chinese textile companies interested in investing to better understand Pakistan, the organizers also specially arranged an interactive communication session. Relevant Pakistani leaders discussed the issues of security, taxation, energy, labor, land, and currency that Chinese companies are concerned about. The questions were answered one by one.
