Pakistan and China forge new trade alliances at landmark B2B conference
The third Pakistan-China B2B investment conference took place in Hangzhou, China, drawing over 500 leading enterprises from both nations. The event aimed to boost economic ties, with a strong focus on technology, energy, and agriculture. Pakistani Prime Minister Shehbaz Sharif attended and highlighted the need for deeper cooperation in digital innovation and trade. The conference centred on three key sectors: IT and telecoms, battery energy storage systems (BESS), and agriculture. Within IT and telecoms, discussions covered e-commerce, fintech, cybersecurity, AI, gaming, and mobile hardware. A representative from Chinese AI firm Ruanjiang Turing AI Tech Co Ltd noted their strengths in algorithms, chips, and real-world applications.
Pakistani business leaders also shared their goals. Adnan Aftab of Select Technologies explored partnerships in battery technology with Chinese firms. Mian Khalil Ahmad from The Grains Industries Private Ltd pledged to bring advanced manufacturing tech to Pakistan’s food-processing sector. Zhejiang’s trade with Pakistan has grown significantly, reaching $6.74 billion in 2025, with $5.82 billion coming from Zhejiang’s exports. The province has already invested $116 million in 43 Pakistani companies. Hundreds of firms signed memorandums of understanding (MOUs) during the event, setting the stage for future projects.
The conference strengthened direct communication and practical cooperation between Pakistani and Chinese businesses. New agreements were signed, and leaders from both sides emphasised collaboration in technology, energy, and agriculture. Trade and investment between Zhejiang and Pakistan are expected to expand further in the coming years.
