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Pak-China economic, cultural exchange centre to help traders

pakistan china

Photo: File

BEIJING: The China-Pakistan Economic and Cultural Exchange Incubation Centre in Chengdu would help Pakistani traders explore business opportunities in China, an official said.

Pakistan Sichuan Chamber of Commerce president Li Hongwu reiterated his resolve to make the center the first stop for Pakistani people when they arrive in Southwest China.

Here they can quickly get help, learn business opportunities in China, and find sale channels in China for their products, he told China Economic Net.

The chamber of commerce held the opening ceremony of China-Pakistan Economic and Cultural Exchange Incubation Centre in Chengdu, China.

“There is always a lack of platforms for Pak-China non-governmental exchange, and we had already planned to establish an economic and cultural exchange centre for a few years.”

“Considering that the exchange is a non-specific concept, we added the word incubation in the name.” Hongwu said that the centre has three primary tasks.

The first is to incubate enterprises. It is hard for small Chinese entrepreneurs without experience and funds to establish companies in Pakistan. “Our platform can assist them in their early stage, guide them and hatch them into small enterprises. We can also support those Pakistani people who have trouble setting up companies in China.”

“In the process, we stress the importance of brand establishment and core competency, which can help rid the companies of vicious competition and facilitate long-term development,” he added.

“The second task is to incubate talents. To achieve that, we will work with think tanks and universities to cultivate talents who know both China and Pakistan well. Talents can help accelerate economic development and enhance industry cooperation between the two countries.”

Hongwu said that the centre will also provide spaces for talent training, where relevant seminars can also be held.

“Third, we want to incubate more small platforms focusing on specific industries, which can be located in central cities of the two countries. Hence, the resources of different places can be reasonably coordinated,” he added.

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