Don’t miss the latest developments in business and finance.

Chinese Vice President Wang visits Lahore to promote trade cooperation

Image
Press Trust of India Lahore
Last Updated : May 28 2019 | 2:00 PM IST

Chinese Vice President Wang Qishan visited Lahore as part of his trip to promote economic cooperation with the Punjab province, the largest and most developed region of Pakistan.

He reached the provincial metropolis on Monday on a two-day trip to meet officials and visit Chinese investment centers in the province.

Wang visited the Haier-Ruba Economic Zone in Lahore along with Chinese Ambassador Yao Jing and Consul General Long Dingbin on Monday.

The Haier-Ruba zone, a major player in the domestic market, sells various consumer products.

Wang also met Chief Minister Usman Buzdar and discussed how to increase cooperation with Punjab.

The senior Chinese leader said that his government would welcome an economic cooperation between the Punjab government and the big provinces of China.

Governor Chaudhry Mohammad Sarwar, who hosted dinner in the honour of Wang, said a new era of cooperation has started between Pakistan and China with his visit.

More From This Section

Wang, a member of the politburo of the ruling Communist Party of China (CPC), also visited Taxila archaeological museum where Buddhist artefacts from Gandhara civilisation are preserved.

The senior Chinese leader, who arrived in Pakistan on Sunday for a three-day visit, met President Arif Alvi and Prime Minister Imran Khan.

Various agreements have been signed in Islamabad after delegation-level talks between the two sides.

The Pakistani officials said that the visit would expedite the USD 60 billion China-Pakistan Economic Corridor (CPEC).

The CPEC, launched in 2015, is a planned network of roads, railways and energy projects linking China's resource-rich Xinjiang Uyghur Autonomous Region with Pakistan's strategic Gwadar Port on the Arabian Sea.

Also Read

First Published: May 28 2019 | 2:00 PM IST

Next Story