China-Pakistan Entrepreneurs International Seminar opens in Beijing

BusinessChina-Pakistan Entrepreneurs International Seminar opens in Beijing

ISLAMABAD, Pakistan: China-Pakistan Entreprenurs International Seminar opens in Beijing with an aim to integrate the resources of all the parties concerned through Think-tank platform to enhance China and Pakistan enterprise cooperation.

China-Pakistan Entrepreneurs International Seminar opens in Beijing
Luo Xi, general manager of China Export and Credit Insurance Corporation delivers a speech. ( chinadaily.com.cn)

The seven-day long seminar is co-sponsored by RDI international think tank project of the Chinese Academy of Social, Tsinghua University Real Estate Presidential Chamber of Commerce, Pakistan China Institute, International Green Economy Association and other agencies, says a statement received here on Thursday.

Senator Saleem Mandviwala, Chairman Senate Standing Committee on Finance, Khalid Masood, Pakistan Ambassador to China,  Zhao Baige, member of NPC Standing Committee, Cai Fang, deputy head of RDI think tank project and others attended the seminar.

Senator Saleem Mandviwalla said in his speech, the Pakistani people know very clearly the strategic significance of CPEC for both countries.

“Pakistan welcomed with open arms for China’s investment and President of China Xi Jinping has rolled out great vision for people from China and Pakistan,and now the key points lie in action and implementation and to achieve the vision” he added.

Saleem Mandviwalla introduced in the RDI international think-tank platform, the joint efforts of think tank from both countries, entrepreneurs and relevant all walks of life have carried out a series of joint cooperation this year in Haikou, Karamay, Beijing and other places.

He recalled that on August 11-12 this year, Pakistan economic corridor Karamay Forum (2015), initiated by RDI international think tank project, was a good practice.

In the forum, China and Pakistan signed 20 cooperation memorandums worth a total of 10.35 billion Yuan, and adopted the China-Pakistan Economic Corridor “Karamay Declaration”, attracting international attention.

He said the China-Pakistan Entrepreneurs Seminar is one of the important outcomes to implement, bridge a direct communication platform between enterprises of both sides to promote substantive project connection, also it prepares for the Karamay Forum (2016).

Khalid Masood, Pakistan’s Ambassador to China hopes to have a further pragmatic promotion of CPEC through deep business cooperation connection.

He said that thanks to the unremitting efforts of generations of leaders of China and Pakistan, the diplomatic relations between the two countries are now solid like the rock and now CPEC project, as the latest case of the global economy and regional development, will further promote bilateral relations.

Zhao Baige Chairman of RDI International think-tank project pointed out in the speech that the seminar was a pragmatic platform for implementation of China-Pakistan Economic Corridor (CPEC) through the promotion of enterprise cooperation.

Zhao said RDI international think tank, as a new think tank platform with Chinese characteristics, pragmatic, professional and efficient, is willing to provide a full range of intellectual support and integrated services for “One Belt and One Road”, promote the division of labor and cooperation in enterprises “going global” process and improve enterprise to “expand overseas business collectively”.

Also it hopes to help enterprises coordinate and solve the difficulties and problems emerged in “One Belt and One Road” so as to further stimulate the market element dynamic and more effectively give play to the fundamental role of the market, he added.

Cai Fang,a member of NPC Standing Committee said that the CPEC serves as the link to connect the “Silk Road economic belt” and “the 21st-Century Maritime Silk Road”.

Also it is the important part of the strategic vision of “One Belt and One Road”, and the flagship project initiated by “One Belt and One Road”, he added.

He said the two countries conduct closer high-level exchanges, deepen economic and trade cooperation, and reach a gradual upgrade of interconnection.

Chinese enterprises hope to actively participate in Pakistan economic and social development, he added.

Luo Xi, general manager of China Export & Credit Insurance Corporation said that CPEC is of great significance, but the opportunities and risks co-exist.

During promotion of CPEC building process, accurately grasping the characteristics and trends of related risks is a necessity to smoothly carry out the work, he added.

He said through four merchantability arrangements of government collaboration, project planning, financing support, and risk protection, CPEC has made a good start, related work is developing in an orderly manner, and a number of major projects have made staged progress.

Chen Huan, deputy head of Chinese working group of Asian Infrastructure Investment Bank (AIIB) Preparation said AIIB is an open and inclusive multilateral development institution, and is a professional, efficient infrastructure investment and financing platform to achieve mutually beneficial cooperation.

Chen Huan said AIIB is willing to develop close cooperation with countries including Pakistan along the route; in particular the infrastructure investment will pave the way for the sustainable development for decades to come.

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