Islamabad:An international academic symposium marking the 75th anniversary of diplomatic relations between China and Pakistan was held at Peking University over the weekend, bringing together around 100 scholars, think-tank researchers, diplomats, and business representatives from the two countries, China Economic Net (CEN) reported on Monday.
Reviewing the momentum behind the accelerating B2B engagement, Khalil Hashmi, Pakistan’s ambassador to China, said that agreements worth more than $22 billion were signed between Chinese and Pakistani businesses over the past two years.
Nearly 30% of it, or about $7 billion, was linked to efforts involving the relocation of enterprises.Technology is taking an increasingly prominent role. “Over the last two years, we have opened four new centres for Pakistan studies-in Shenzhen, Shandong, Hangzhou and Shenyang,” Hashmi said.
Their focus differs from that of traditional Pakistan-studies programmes, with greater attention being paid to technology-related fields, including chemical technology and artificial intelligence.
Luo Zhaohui, former Chairman of China International Development Cooperation Agency, shared his insights on new developments in Pakistan and new perspectives on China-Pakistan cooperation.
He highlighted the necessity for the two countries to explore new approaches to development and continue to inject momentum into regional peace and growth.Beyond Decarbonisation: Renewables as insurance Energy transition is highlighted as being at the forefront in bilateral cooperation.
“Green transition is no longer just a tool to cut emissions. It has become a safety asset,” said Mao Keji, an associate research fellow at the International Cooperation Centre of China’s National Development and Reform Commission.
The State Bank of Pakistan estimates that replacing fossil-fuel generation with solar power could eventually cut the country’s annual energy-import bill by between $5.2 billion and $7.8 billion.
