Mr. Khalid Taimur Akram, Executive Director, Pakistan Research Center for a Community with Shared Future (PRCCSF), Islamabad
In a significant step toward deepening investment cooperation between China and Pakistan, a high-level business delegation visited Islamabad from 28 April to 4 May 2025. The delegation included senior executives from over a dozen Chinese enterprises, including Zhongke Hongtai (Anhui) New Energy Technology Co., Ltd., Beijing Hangxing Transmission Technology Co., Ltd., Beijing Xiaotunpai Technology Co., Ltd., the New Energy Operations Committee of the China Electricity Equipment Management Association, the Chamber of Commerce for High Technology and Equipment Industry, and the All-China Federation of Industry and Commerce (ACFIC) across a spectrum of high-impact industries, including high-tech manufacturing, renewable energy, electronics, aviation, satellite communications, mining, and smart technologies.
The visit to Pakistan was led by Precise Development (HK) limited, China, an All-China Federation of Industry and Commerce (ACFIC) business development partner.
This landmark visit underscores growing Chinese investor confidence in Pakistan’s economic potential and reflects the strategic importance Beijing places on strengthening bilateral trade and industrial ties under the broader China-Pakistan Economic Corridor (CPEC) framework. Founded in 1953, the All-China Federation of Industry and Commerce (ACFIC) functions as the primary chamber of commerce for China’s private sector. Closely integrated with the Chinese leadership through the United Front Work Department, ACFIC plays a vital role in aligning private enterprise development with national goals, including global economic expansion, sustainable innovation, and technological self-reliance. With more than 3,000 local federations spread across China, it wields significant play role over private industrial policy and maintains regular engagement with China’s political bodies like the CPPCC and the National People’s Congress (NPC).
The significance of this visit extends beyond business reflects a growing sense of confidence among Chinese investors in Pakistan’s economic trajectory. It also underscores Beijing’s strategic interest in elevating its role as a long-term development partner through initiatives aligned with CPEC’s Phase-II, which focuses on industrial cooperation, technological innovation, and sustainable development.
China’s Multi-Sector Investment across Pakistan
The delegation’s visit began in Islamabad, where a series of structured engagements laid the foundation for targeted investment facilitation. Key meetings included Federal Ministry of Commerce, Federal Board of Investment (BOI), Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Special Investment Facilitation Council (SIFC) at the Prime Minister’s Office. These meetings facilitated candid discussions on Pakistan’s industrial landscape, legal reforms, taxation frameworks, and special economic zones. The delegation also interacted with Pakistan’s leading entrepreneurs further enhancing B2B connectivity. Importantly, a Banking Facilitation Agreement was signed between the delegation and Bank Makramah Limited, ensuring seamless cross-border financial transactions. This banking partnership will serve as a critical enabler for direct foreign investment, easing capital flows and de-risking future transactions.
In Lahore, the visit began with engagements at the Lahore Chamber of Commerce and Industry (LCCI). The delegation was hosted by Adil Mahmood, CEO of Adil Group of Companies and management of SOLECTRA by SM SOLAR Pvt. Ltd., where green technology transfer and solar energy deployment were at the heart of the conversation.
A major milestone was achieved with the signing of an MoU between Precise Development (HK) limited, China and the University of Lahore (UOL) to launch the Pakistan-China Industrial Entrepreneur Bridge (PC-IEB). This academic-industrial collaboration aims to create a knowledge-sharing platform and innovation incubator that promotes joint ventures, student exchange programs, and co-developed industrial solutions.
Moreover, the delegation visited AOS Ltd, a company that specializes in AI-powered agricultural platforms, showing China’s keen interest in uplifting Pakistan’s agritech ecosystem. They also held B2B meetings with mining and pharmaceutical companies, aiming to tap into untapped natural resources and boost Pakistan’s pharma exports. Perhaps the most comprehensive set of engagements occurred on May 2, when the delegation visited Sundar Industrial Estate, managed by the Punjab Industrial Estates Development & Management Company (PIEDMC). Here, a pivotal agreement was signed to attract and accommodate Chinese industries within Punjab’s industrial zones.
This was followed by a high-level roundtable involving Senior Minister Ms. Marriyum Aurangzeb, Secretaries from Energy, Mines, Agriculture, Planning, Finance, and Industry and the Heads of Punjab Board of Investment and Trade (PBIT), Punjab IT Board (PITB), and the Central Business District (CBD) This comprehensive institutional coordination illustrated Punjab’s readiness to welcome Chinese capital in a structured, transparent, and scalable manner.
The delegation also visited Sargodha, a growing industrial city with strategic value. Meetings at the Sargodha Chamber of Commerce and Industry and the Pakistan Electrical Manufacturers Association helped identify regional investment opportunities beyond traditional hubs.
Prospects are so high in Balochistan as the delegation had a meeting with the management of the Defence Housing Authority (DHA) Quetta, indicating an interest in infrastructure development and urban planning projects in Balochistan.
A number of strategic agreements were signed during the visit, particularly one between Precise Development (HK) limited, China and Perfect Tel Company (Private) Ltd. (PTC) for the establishment of a Chinese Business Investment Office in Pakistan. This office is envisioned as a permanent platform to onboard and assist future Chinese investors.
Other key institutional collaborations included the Legal & Management Consultants (LMC) which would Offering regulatory and compliance support to Chinese enterprises. The Society of Mediators & International Dispute Resolution (IDI) will ensuring smooth legal mediation and arbitration for commercial disputes.
The visit not only facilitated vital B2B linkages and strategic MoUs but also set in motion a new institutional infrastructure designed to support the long-term establishment of Chinese enterprises in Pakistan. As the Belt and Road Initiative (BRI) enters its second decade and CPEC moves into its industrial cooperation phase, this delegation’s visit may well be remembered as a milestone that transformed intent into action. With a strong push toward investment diversification, regional integration, and innovation-led growth, Pakistan is poised to become a key node in China’s global economic vision.
Pakistan would sustain this momentum by offering policy consistency, investor facilitation, and infrastructure development to translate these engagements into impactful outcomes. The future of Pakistan-China economic cooperation is a promising and great.
