Yiwu, A Gateway For Pakistan Exportable Products: Consul General
Mohammad Ali (@ChaudhryMAli88) Published March 29, 2023 | 12:50 PM
BEIJING, (UrduPoint / Pakistan Point News - 29th Mar, 2023 ) :China Zhejiang province, in which Yiwu city is located, is Pakistan's largest trading partner and contributes USD 6.7 billion to bilateral trade, said Hussain Haider, Consul General of Pakistan in Shanghai.
An immense potential for further increasing bilateral trade volume exists and can be tapped into by concerted efforts of govt and businesses, he said.
Addressing a webinar between the Consulate General of Pakistan in Shanghai and the People's Government of Yiwu yesterday, the CG described Yiwu as a gateway for the exportable products of Pakistan.
A sizeable Pakistani community resides in Yiwu and is making a healthy contribution to bilateral trade as well as the development and prosperity of the city, he added that Yiwu houses Pakistan's permanent pavilion, which was built and is being run with the support of the Yiwu Municipal Govt. The pavilion will act as an effective platform for introducing more quality Pakistani products to China.
� Yiwu accounts for the world's largest wholesale market for small commodities and is also known as the world supermarket.
The city offers immense opportunities for Pakistani businesses looking to gain a foothold in the Chinese market, China Economic Net (CEN) reported on Wednesday.
The CG underlined that Pakistan and Yiwu businesses would enter into mutually beneficial cooperation relations with their Yiwu counterparts to give further momentum to the bilateral commercial ties.
Speaking on the occasion, Wang Wei, Deputy Mayor of the Yiwu People's Government, pinpointed that the digitization of trade in Yiwu has enabled high-quality development of international economic and trade cooperation.
It is committed to reducing cost, enhancing efficiency and empowering small, medium and micro players in the market, providing a full range of trade and financial services, and creating a world supermarket with global trading and global payment. Yiwu welcomes Pakistani enterprises to bring more quality products to Yiwu.
Related Topics
Recent Stories
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
Osaka seals first win on clay since 2022 in Madrid
Earthquake jolts Karachi
Sindh minister orders operation after attack on police in Ghotki
TikTok to fight US ban law in courts
More Stories From Miscellaneous
-
PDMA predicts gusty wind, rain with thunder, hails
1 day ago -
Iranian president Raisi given guard of honour at PM House
2 days ago -
Intellectuals, writers accolades Naseer Mirza on his literary contribution
3 days ago -
Bahawalpur Adabi Sangat hosts memorable mushaira
3 days ago -
Cattle farming vital to alleviate poverty in rural areas
3 days ago -
Pakistan: A land of tourism, archeological wonders
4 days ago
-
Transforming education sector: from job hunters to job creators
6 days ago -
Amjad Bobby remembered on 19th death anniversary for timeless contributions to music
9 days ago -
Legendary actor Nadeem’s 26 films released on Eid-ul-Fitr days in 50 years
10 days ago -
Besant Hall Cultural Centre to celebrate evening with Sanam Marvi on 26 April
10 days ago -
Radio Bahawalpur presents program “Eidi Shidi”
13 days ago -
Radio Bahawalpur to broadcast Eid programs
16 days ago