Pakistani Prime Minister to conference with Chinese prime minister, network with corporate CEOs in Beijing

Pakistan's Prime Minister Shehbaz Sharif in China for Business and Diplomatic Ties

Pakistan's Prime Minister Shehbaz Sharif is currently in China, marking the start of his visit over the weekend. The visit comes as Sharif's government pushes for sustainable economic growth in Pakistan and seeks to strengthen bilateral ties with China.

During his stay, Sharif will attend the second edition of the Pakistan-China Business-to-Business Investment Conference. The conference, set to take place in Beijing, will review outcomes from the first conference held in Shenzhen in June 2024 and set a future roadmap. Sharif will preside over the event, inviting top Chinese business executives and companies to expand their investments in Pakistan.

The China-Pakistan Economic Corridor (CPEC) project, a multi-billion-dollar initiative, has seen Chinese companies heavily invest in power, transport, infrastructure, and telecom projects in Pakistan. This collaboration has helped boost the bilateral trade between the two countries, which exceeded $25 billion in recent years.

Sharif's meetings with Chinese leadership, including President Xi Jinping, have been focused on discussing ways to further enhance economic cooperation. The discussions are expected to cover a wide range of topics, including investment opportunities, trade agreements, and infrastructure development.

Apart from business matters, Sharif also witnessed a major Victory Day military parade in Tiananmen Square. The parade, China's largest in years, showcased cutting-edge systems such as hypersonic missiles, sea drones, and laser air defenses. The parade was widely viewed as a show of Chinese military might, with a number of world leaders, including Russia's Vladimir Putin, attending the event.

During his visit, Sharif also attended a summit of the Shanghai Cooperation Organization (SCO). The SCO is a regional political, economic, and military organisation, which includes China, Russia, and several Central Asian countries.

While the search results do not provide specific information about which companies will be represented at the second edition of the Pakistan-China Business-to-Business Investment Conference in Beijing, it is clear that Sharif's government is known for its investor-friendly policies and is eager to attract more foreign investment to drive economic growth in Pakistan.

Pakistani Prime Minister to conference with Chinese prime minister, network with corporate CEOs in Beijing