PCJCCI holds B2B meetings with automobile firms

RECORDER REPORT

LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) conducted various business-to-business (B2B) meetings in automobile sector at the Punjab Agri Expo 2019.

PCJCCI initiated this meeting with Shifeng & Dailuda, a leading Chinese agricultural machinery and automobile manufacturing company. Various companies like Guard Group, Master Motor Corporation, Jaffer Brothers, Rimtaj Industries, Sazgar Engineering Works Limited and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) were the part of this meeting.

The representative of Shifeng and Dailuda Co Niu Zhi said that his company wants to introduce European innovative contemporary technology to Pakistan. The new construction machinery from China is equivalent to the price of used and old construction machinery at the moment being imported from Europe, he said.

The Everest International Expo chief executive officer Fa Wen Yen said the B2B meetings will help develop smooth bilateral trade between Pakistan and China. During the inauguration of B2B session, PCJCCI Secretary General Salahuddin Hanif said these sessions will open new vistas of opportunities for Pakistani investors and their Chinese counterparts.

He especially mentioned the keen interest of Dailuda and Shifeng which was exhibiting products like, tractors, truck, three wheelers, diesel engine and electric vehicle and other automobile products at this expo.

He further said that counseling with Chinese business community is a must to increase the quantum of trade and investment opportunities in Pakistan.

He said the Chamber has expedited the efforts to hold business-to-business exhibition with the aim to provide one-stop shop for all industry products from processing technology to the finished products, which will help develop bilateral relations between Pakistan and China.