Over 300 Chinese companies are now working in Pakistan in industries including defense, technology, IT, power generation and infrastructure.
CCTV’s Danial Khan filed this report from Islamabad.
Highlights:
- Pak-China Investment Company is a development, financial institution formed under the initiatives taken by government of Pakistan and China for promotion of trade, investment and economic growth of Pakistan.
- The company was incorporated in 2007 with a capital of $200 million. It is a joint venture in which equity is equally contributed by governments of both the countries.
- Chinese President Xi Jinping will arrive in Pakistan for a two-day visit to lead a high level delegation. He is expected to sign agreements in various fields during the visit and will also inaugurate Gwadar Port and China-Pakistan Economic Corridor.