China-Pakistan Trade, Energy, Investment Center to be set up in Shenzhen

Author: Monitoring Desk

The Global Innovation Centre (GIC) is planning to set up an office in Pakistan, as well as establish a China-Pakistan Trade, Energy, and Investment Centre in the organization’s Shenzhen office.

Pakistan Ambassador to China, Moin ul Haque was briefed by Director General, GIC, Zhao Gang during a meeting held at the embassy of Pakistan, Beijing.

GIC is focused on five core businesses: international cooperation in Technology; incubation of new businesses; scientific and technological industrial Zones; training of entrepreneurs; and investment and capital financing. It has offices in ten countries, including the U.S., UK, Germany, Indonesia, the Republic of Korea, and Thailand.

Zhao briefed the Ambassador about GIC and its desire to cooperate with Pakistan in science and technology, focusing on the incubation of new businesses, the development of electricity storage devices, semi-conductors, and New Energy Vehicles.

He informed that GIC was planning to set up an office in Pakistan, as well as establish a China-Pakistan Trade, Energy, and Investment Centre in the organization’s Shenzhen office.

Positively noting Zhao’s suggestions, Ambassador Haque highlighted the expanding science and technology cooperation between Pakistan and China.

He also invited the Centre to benefit from the initiatives and incentives taken by the Government of Pakistan to facilitate investment in Pakistan in ICT, New Energy Vehicles, and emerging technologies and assured of the embassy’s full support in this regard.

Share
Leave a Comment

Recent Posts

  • Pakistan

Sindh CM reviews city projects, seeks date-wise completion deadlines

Sindh Chief Minister Syed Murad Ali Shah presiding over a review meeting of three important…

4 mins ago
  • Pakistan

Hyderabad district faces shortage of 917 primary teachers

Deputy Commissioner (DC) Shaheed Benazirabad Shahryar Gul Memon chaired a meeting of the District Reform…

4 mins ago
  • Pakistan

DCC reviews performance of PHCIP

The district coordination committee (DCC) meeting under the chairmanship of Deputy Commissioner Abdul Rauf Mahr…

5 mins ago
  • Pakistan

145 more properties sealed for illegal commercial use

The Lahore Development Authority (LDA) intensified its crackdown on illegal commercial buildings and defaulters of…

5 mins ago
  • Pakistan

MCL administrator revokes ZOP appointments

The Administrator of the Metropolitan Corporation Lahore (MCL) has been compelled to withdraw recent appointment…

5 mins ago
  • Pakistan

Police refute report about Bannu Bazaar explosion

The news of an explosion at Bannu Bazaar Imambargah, which was circulating on social media,…

6 mins ago