Wen Jiabao
President Asif Ali Zardari and Chinese Premier Wen Jiabao talk during their meeting in Beijing.—AP Photo

ISLAMABAD: China and Pakistan will sign 20 agreements and MoUs during the visit of Chinese Prime Minister Wen Jiabao.

This was stated by China’s ambassador to Pakistan Liu Jian in an interview to APP here on Tuesday.

He said China’s Premier and Pakistani leadership will hold wide-ranging discussions to draw a five-year blueprint to expand their economic and trade relations.

He said the top priority of the visit of the Chinese leader to Pakistan will be to further solidify already strong strategic ties with medium and short-term plans of action.

Wen Jiabao will pay a 3-day official visit to Pakistan from Dec 17 to 19.

The ambassador said Wen Jiabao will be leading a large business delegation; comprising more than 250 business leaders.

The ambassador said at present, Pakistan is China’s second largest trading partner in South Asia and China is Pakistan’s third largest trading partner, third largest import source and fifth largest export market of Pakistan.

He said the bilateral trade was growing as in the first nine months of this year, the volume grew by 29 per cent as compared to last year and China’s imports rose by 36 per cent during the same period.

Referring to the cooperation in energy sector, he said there are 120 ongoing bilateral projects, which will bring tangible benefits to the people of Pakistan.—APP

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...