PCJCCI, Precise Development (HK) Limited partner to boost Sino-Pak trade, tech ties
LAHORE: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) and Precise Development (HK) Limited of China have signed an agreement aimed at strengthening Sino-Pak cooperation in trade, technology, investment, and industrial development.
The event was attended by Jiang Yi, Director of All-China Federation of Industry and Commerce (ACFIC), China; Hiu David Chu, CEO of Precision Development (HK) Limited; and He He Amanda, Director of Precision Development (HK) Limited. PCJCCI President Nazir Hussain presided over the ceremony, while Brig. (Retd) Mansoor Saeed Sheikh (Retd) Senior Vice President PCJCCI, Salahuddin Hanif, Secretary General, and executive committee members were also present. This collaboration marks a significant milestone in strengthening trade, investment, and economic cooperation between Pakistan and China.
Under the agreement, the Chinese enterprise, will represent PCJCCI in China and at the International Trade Center located in Shenzhen, China, to enhance bilateral collaboration in trade, technology, investment, and industrial partnerships, Gwadar Pro reported. Key components of the agreement include Precise Development (HK) Limited serving as the official authorized representative of PCJCCI in China, and facilitating coordination with government bodies, enterprises, and business associations. The agreement also envisions the establishment of a Sino-Pak Cooperation Exchange Platform to promote B2B matchmaking, policy consultation, investment promotion, and market research between Chinese and Pakistani enterprises. Through this partnership, both organizations aim to strengthen economic collaboration across various sectors including information technology, renewable energy, textiles, logistics, and consumer goods and build a long-term foundation for sustainable development and mutual prosperity between Pakistan and China. Staff Report
