PM invites Chinese firms to relocate industries to Pakistan under 'win-win' partnership model
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May 24, 2026
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Premier Shehbaz Sharif on Sunday invited the Chinese companies and entrepreneurs to relocate their industries and businesses to Pakistan,
An illustrative image related to: PM invites Chinese firms to relocate industries to Pakistan under 'win-win' partnership model, highlighting key aspects of the story. | Image source: The Express Tribune
PM invites Chinese firms to relocate industries to Pakistan under 'win-win' partnership model
Premier Shehbaz Sharif on Sunday invited the Chinese companies and entrepreneurs to relocate their industries and businesses to Pakistan, enter into joint ventures with the local firms, and benefit from the country’s investor-friendly policies, describing the drive as a “win-win model” for both nations.
Addressing the Pakistan-China B2B Investment Conference on IT & Telecom, battery energy storage systems (BESS) and agriculture in Hangzhou, China, the premier stated that labour in China today had become pretty expensive and that China was obviously moving towards a very high level of industrialisation.
He observed that the industry where China was no longer competitive because of expensive labour could come to Pakistan, bring in plant and machinery, enter into joint ventures with Pakistani entrepreneurs, manufacture goods, and export to third countries.
“This model will be a win-win model for Chinese and Pakistani entrepreneurs, and this will be something of a roaring success in times to come, whether it is textile or leather or other areas,” the premier maintained in his address broadcast on national TV channels.
"It is no coincidence that we are celebrating 75 years of our great friendship between Pakistan and China, along with this third B2B event in a row. Starting from Shenzhen to Beijing, and now in Hangzhou, a metro which we are visiting for the first time, we are all deeply… pic.twitter.com/CZHM7nV2zt
He also invited Chinese businessmen to come and see the export zone in Karachi, where they would have great opportunities to understand industry propositions.
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