Advance the China-Pakistan Economic Corridor construction with pragmatic manner in the means of industry cooperation

The executive vice president and secretary general of China's private economy international cooperation chamber of commerce Wang Yanguo made a speech. [Photo provided to chinadaily.com.cn]

On the afternoon of October 13th, the international seminar of Chinese-Pakistan entrepreneurs deepened the discussion around the industry cooperation. The executive vice president and secretary general of China's private economy international cooperation chamber of commerce Wang Yanguo, the president of international green economy association Deng Jihai, the chief director of international business of XinAo group Jiang Yu and the business manager of China's Overseas Port Holdings Co Ltd Wu Yuping made a keynote speech, and the president of chamber of commerce of metals, minerals & chemicals of the ministry of commerce Chen Feng took the chair.

The industry cooperation is the core part of China-Pakistan economic corridor construction, and has significant meaning for stimulating economic growth, increasing employment, promoting investment and trade and achieving mutual benefit and win-win results, and will inject new vitality for the sustainable development of the Corridor, and is the priority for realizing "spanning development, comprehensive development, synergetic development" of China and Pakistan. As the main body of industry cooperation, entrepreneurs of both countries should have further communication, list each other's requirements, find the fields that have common interests precisely, provide the specific items, and promote the industry cooperation to be done as soon as possible. The international seminar of Chinese-Pakistan entrepreneurs was just in time.

Take the Demand Connection as a Guide

There is a large population in Pakistan, a rare occupancy of resources per capita, a shortage of electric power resources and a relative backward production capacity construction, and so, for the domestic economic construction and development and the promotion of people's production and living level of Pakistan, it is urgent for the support of capacity.

The executive vice president and secretary general of China's private economy international cooperation chamber of commerce Wang Yanguo expressed that, nowadays, the international capacity cooperation is a focus for advancing the propose of "One Belt One Road", we have accumulated rich experiences in construction in the fields of electricity, steel, construction materials, chemical industry, household appliances and machinery etc. and Pakistan is a big country in South Asia, has an abundant labor resource in young adults, is in the initial stage of industrialization process, has a prominent location advantage and is the preferred partner of the international capacity cooperation. There is a huge room and large potential for capacity cooperation between China and Pakistan. The two countries should take the corridor construction as an opportunity, and connect the development strategy and their demands deeply, take the capacity cooperation as a guide, build a leading demonstration zone for capacity cooperation and promote the spanning development of Pakistan's economy in favor of the local people.

The president of international green economy association Deng Jihai expressed that China and Pakistan cooperate both in the traditional industry fields such as energy, mineral products, infrastructure construction etc. and even more in the fields of emerging industry using new technology. It needs joint effort for China and Pakistan to form green supply chain and industrial greenization, and needs the connection of market and platform strategy of industry connection.