Times of Islamabad

Positive development from China over imports from Pakistan

Positive development from China over imports from Pakistan

ISLAMABAD: China’s State Development and Investment Corp (SDIC) hasannounced that it has signed procurement contracts with Pakistan and 15other economies during the third China International Import Expo (CIIE)being held in Shanghai.

The purchase covers more than 20 kinds of commodities including grain,fruit, textiles and chemical products, according to China Daily on Saturday.

SDIC Chairman Bai Tao said that China is committed to taking initiative inthe mechanism of global sharing and enabling global cooperation to be moreflexible with an open mind and measures.

“SDIC will continue to deepen cooperation in important fields and keyindustries with partners both at home and abroad, so as to shareopportunities brought by the CIIE, go hand in hand and contribute to thepromotion of global economic development and regional economic and tradeexchanges,” he added.