A seven member Chinese delegation paid a visit to the Rawalpindi Chamber of Commerce and Industry (RCCI) and held an informative and interactive session on preferential tariff by Chinese Government on 313 Pakistani products.
The head of the delegation Anderson informed the participants that M/s. Zhejiang Eman, a supply Chain Management Company Limited from Yiwu International Trade City of Zhejiang Province of China is offering free display of Pakistani commodities in Pakistan Pavilion in China. Anderson stressed that Pakistan businessmen should provide samples of their products so that the Company could arrange their free display in China.
Pakistani exporters should be more proactive to penetrate Chinese market for exports, otherwise other countries would capture market share in China, he suggested. He said that China has implemented a preferential tariff on 313 Pakistani products and Pakistani exporters should fully capitalize on this concession. Highlighting the business potential of Yiwu City, Anderson said that Yiwu was one number city of China in terms of exports/imports with 70,000 shops and 3 million daily trade of items.
Earlier, President RCCI Malik Shahid Saleem, in his remarks said that preferential tariff by Chinese Government on 313 Pakistani goods will help to improve the trade balance between the two countries.
Pakistani exporters should avail this golden opportunity and captured their place in one of the biggest Chinese markets in Yiwu City to flourish their exports, he remarked. Malik Shahid Saleem assured the delegation of full support and assistance for joint ventures and investment.
He said that China-Pakistan Economic Corridor (CPEC) is a mega development initiative and a game changer for Pakistan and the region as well. A joint venture strategy including Chinese and Pakistani companies can capitalize on this golden opportunity, he added. Representatives from M/s. Zhejiang Eman, Vice President Fayyaz Qureshi, members of the executive committee and a large number of traders were also present on the occasion.