Chinese expertise could make Pakistan food basket of world: LCCI.

LAHORE -- Chinese technological advancement and expertise could help Pakistan to serve as a food basket to this part of the world. It has vast fertile land, all weathers and one of the best canal systems but unable to reap fruit from these blessings just because of lack of modern technologies.

Lahore Chamber of Commerce and Industry (LCCI) President Irfan Iqbal Sheikh told media here Sunday that China had transformed itself into an economic giant and its unbelievable development in industrial and agriculture sectors had mesmerized the world. He said that China was already playing a vital role to make Pakistan prosperous. Transfer of technology would ensure speedy growth for Pakistan's industrial and agriculture sectors.

He said that the government to government collaboration well-supported by frequent interaction between private sectors representatives of Pakistan and China were presently at their best. The bilateral trade volume between Pakistan and China was above US $ 16 billion while China was the highest contributor to the net foreign direct investment in Pakistan. Regular exchanges of business delegations were spreading positive indicators to the world.

There were countless opportunities for the Chinese investors to invest in the vibrant...