Chinese technology enterprises invited to explore Pakistan for future business, investment.

BEIJING -- Pakistan Ambassador to China, Moinul Haque has invited the Chinese technology enterprises to come and visit Pakistan and explore the country for their future businesses and investment and asked them to take advantage of incentives being offered by the government.

"We are promoting establishment of Chinese industries, manufacturing units in special economic and technologies zones and facilitating their exports also beyond Pakistan to the neighbouring regions," he made these remarks while addressing the participants of China Pakistan Technology Investment Conference.

Special Technology Zone Authority (STZA) hosted the conference in collaboration with Pakistan Embassy in Beijing.

Ambassador Haque said that Pakistan's young population presents a great potential and opportunities for the Chinese companies to establish their businesses in Pakistan and use huge skilled human resource in the field of IT and software development.

Pakistan can also serve as a very important regional hub for the Chinese companies to do business with the Central Asia, Middle East and onwards to Africa, he added.

He said that the Chinese enterprises were being offered special incentives and tax rebates as well as other facilities to set up their businesses.

Ambassador Haque mentioned the presence of a number of Chinese technologies companies particularly Huawei which have a very old association and important business with Pakistan.

He pointed out that other Chinese companies like Alibaba, Tencent, Xiaomi, ZTE, Oppo and Haier as well as automobile and electric vehicle manufacturing companies were now looking Pakistan as their future investment destination.

While highlighting the special and unique nature of the China-Pakistan friendship, he said that it was an all-weather strategic partnership and iron brotherhood, which has been nurtured over the years by successive generations of our leaders and people, adding, this relationship is deeply rooted in the hearts of our people.

He remarked that cooperation between the two countries in the areas of trade, investment and technology has become a very important part of bilateral agenda and one of the manifestation of the China Pakistan Economic Corridor (CPEC), which is the flagship project of President Xi's Belt and Road Initiative.

He said the two countries have already constituted a joint working group on science and technology. Last year, both countries also...