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Annual ‘APCEA Sustainable Development Report 2021’ launched

ISLAMABAD, Pakistan: The Pakistan-China Institute (PCI) and All-Pakistan Chinese Enterprises Association (APCEA) launched the annual ‘APCEA Sustainable Development Report 2021’ during an event organized at the Chinese Embassy in Islamabad.

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The event was attended by over 100 participants and featured five speeches, including the Chief Guest, the Chairman Senate of Pakistan Sadiq Sanjrani, the Chairman APCEA Yang Jiandou, the Chairman Senate Defence Committee & Pakistan-China Institute Senator Mushahid Hussain Sayed, the Prime Minister’s Special Assistant on CPEC Khalid Mansoor, the Economic Minister Xie Guoxiang and the Ambassador of China to Pakistan Nong Rong.

The APCEA represents 200 Chinese Companies working in Pakistan.

Speakers also welcomed the upcoming visit of Prime Minister Imran Khan to China in early February as it would strengthen the bilateral bond.

Hailing the launch of the report as a good step towards enhancing the understanding of work being done by Chinese enterprises in Pakistan, the speakers appreciated the role of APCEA and PCI for documenting the report which will serve to promote facts and information regarding the role of Chinese enterprises in Pakistan.

In his keynote speech, the Chairman Senate of Pakistan Sadiq Sanjrani said that through this report, the people will learn more about CPEC and the opportunities being created by Chinese enterprises in Pakistan.

Terming CPEC as a game-changer, he said the project will create trade linkages and economic opportunities in the whole region.

Moreover, he said that after overhauling the infrastructure and alleviating the energy crisis in the first phase, CPEC Phase two will initiate an era of industrialization in the country. To harness the opportunities brought by the second phase, he advocated for enhancing communication with Chinese enterprises.

Sadiq Sanjrani urged the APCEA to closely coordinate with the Chambers of Commerce and Industry in Pakistan.

The Chairman Senate Defence Committee & Pakistan-China Institute Senator Mushahid Hussain Sayed said that the APCEA report will serve the purpose of presenting facts and nullifying the fiction being propagated by the adversaries of China about CPEC.

Senator Mushahid Hussain pointed towards the recently passed “Strategic Competition Act” by the US Senate through which the US has allocated $300 million for a “Countering China Influence Fund”.

Against this backdrop, he advised the companies to brace themselves for any disinformation campaigns. He also lauded the upcoming development related to slashing of the long bureaucratic red tape of 37 rules and regulations and said that it would facilitate and ease the work of Chinese enterprises.

Senator Mushahid Hussain Sayed criticized the boycott of the Beijing Olympics by certain Western Countries as biased and based on double standards. He said 2022 is the year of Pakistan’s Platinum Jubilee, in which Pakistan-China ties have always been Center-stage.

Ambassador Nong Rong said that last year, China and Pakistan held a series of celebrations to reinvigorate their time-tested friendship as it marked the 70th anniversary of diplomatic relations. Both sides have supported each other in their fight against the global pandemic and pushed forward high-quality development of CPEC.

The ambassador said China had invested over US$ 25 billion in Pakistan on CPEC projects generating 75,000 jobs, producing 5500 kw of electricity, and building over 500 kilometers of roads and highways.

The Special Assistant on CPEC Khalid Mansoor said that he has seen at first hand the difference being created by the work of Chinese enterprises in Pakistan. Through CPEC, the dream of Thar Coal energy became a  reality.

The CPEC Authority, he said, is working tirelessly to remove any bottlenecks which may emerge during the execution of CPEC projects.

Khalid Mansoor said that Prime Minister Imran Khan had ordered the removal of 37 regulations for a one-window operation for foreign investors and the prime minister personally would be taking briefings on CPEC projects progress every 15 days.

The Minister Counselor of Economic Affairs of the Chinese Embassy Xie Guoxiang said that the trade and economic cooperation between the two countries has been further cemented since the start of CPEC. Chinese enterprises, he maintained, have done marvelous work which can be clearly seen in the report being launched today.

The Chairman APCEA Yang Jiandou said that Chinese enterprises have pursued sustainable development strategies in Pakistan and their role is not limited to building motorways and constructing power projects. The Chinese enterprises have improved people’s livelihood, implemented eco-friendly development, joined hands with Pakistani counterparts to fight the pandemic, and helped in developing local education.

Moreover, he said that the leadership of APCEA has been committed to enhance the connectivity between Chinese enterprises and the local business bodies.

The report launching was attended by a packed audience representing the CEO of Chinese enterprises including Senator Kauda Baber from Balochistan.

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