Pakistan eyes $50 billion Chinese exports in 10 years, greenlights joint venture for industry relocation

Pakistan Planning Minister Ahsan Iqbal is chairing a meeting in Islamabad on June 22, 2024, to develop a roadmap ahead of the visit of Chinese experts at the end of June. (@PlanComPakistan/X)
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Updated 26 June 2024
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Pakistan eyes $50 billion Chinese exports in 10 years, greenlights joint venture for industry relocation

  • Chinese experts scheduled to visit Pakistan this month “to foster innovation, technology transfer, capacity building”
  • Earlier this month, Prime Minister Shehbaz Sharif was on a five-day visit to China in which dozens of MoUs were signed 

ISLAMABAD: The Pakistan planning ministry said this week it planned to increase exports to China to $50 billion in the next ten years, as the Prime Minister on Wednesday greenlit a joint venture project to relocate Chinese industries to Pakistan.

Earlier this month, Prime Minister Shehbaz Sharif went on a five-day visit to China that included meetings with top political and business leaders with the aim of upgrading the China-Pakistan Economic Corridor (CPEC), a flagship of the Belt and Road Initiative (BRI), through which Beijing has pledged over $60 billion to Pakistan. Dozens of MoUs were also signed during the visit. 

“The Planning Minister highlighted the goal of exporting fifty billion dollars to the Chinese market. The aim is to increase Pakistan’s exports from 30 billion dollars to 150 billion dollars in the next 10 years,” the ministry said in a statement, emphasizing the importance of learning from China’s experience and know-how.

“A delegation of Chinese experts from various fields is scheduled to visit Pakistan at the end of this month, aiming to foster innovation, technology transfer, and capacity building,” the statement added. 

“The focus will be on capacity building of Pakistani experts through training and knowledge sharing, learning from China’s experience in innovation and technological advancements, adapting innovative solutions to Pakistan’s specific needs, and skill development in key sectors.”

While chairing a meeting to prepare for the Chinese delegation’s visit, Planning Minister Ahsan Iqbal directed line ministries to be “selective and strategic” and focus on areas where China had experience that could be shared with Pakistani professionals. 

“He noted that China has 2.7 trillion dollars in imports, and Pakistan must focus on areas through which it could enhance exports and secure a share in Chinese imports,” Iqbal said, emphasizing the need for Pakistan to learn from China’s strategic advancements in knowledge and technology. 

“The visit aims to transfer Chinese expertise to promote innovation and technology across various sectors in Pakistan, with a focus on mutual cooperation and knowledge sharing.”

Separately on Wednesday, Sharif chaired a meeting of the Board of Investment (BoI) to discuss promoting both local and foreign investment in Pakistan.

“There was significant potential for relocating China’s textile, leather, footwear, and other industries to Pakistan,” state-run APP said in a report, quoting the PM, who okayed a joint venture project to relocate Chinese industries to Pakistan.


Pakistan approves upgrades to national ID cards in push to strengthen digital ecosystem

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Pakistan approves upgrades to national ID cards in push to strengthen digital ecosystem

  • The amendments allow for QR-based verification, authentication controls, biometric expansion, and card format updates
  • The measures advance integrated digital governance through National Data Exchange Layer and broader digital ID ecosystem

ISLAMABAD: Pakistan has notified amendments to the National Identity Card and Pakistan Origin Card rules and introduced QR-based verification and stronger fraud controls, the National Database and Regulatory Authority (NADRA) said on Tuesday, amid efforts to strengthen the country’s digital ecosystem.

The amendments modernize Pakistan’s identity document framework by legally embedding QR-based verification, strengthening authentication controls across digital services, expanding biometric recognition and updating card formats for key citizen categories.

A core reform is the statutory introduction of the Quick Response (QR) code as a defined security and verification feature, authorizing the use of “QR code or any other technological feature” in lieu of current microchip enabling NADRA to adopt evolving verification technologies without repeated rule amendments.

This QR-enabled capability directly strengthens Pakistan’s Digital ID ecosystem and supports interoperability through the National Data Exchange Layer, according to the national database regulator.

“This establishes a robust legal basis for quick and secure verification of identity credentials in both offline and online environments,” NADRA said.

“This will also enable all citizens to carry similar card instead of currently prevalent two types of national identity cards one of which is with microchip and the other without.”

Pakistani state media reported in August that the country was developing digital identities of all its citizens to enable secure and efficient payments. The measures came as part of a broader effort to digitize the economy for greater transparency.

QR-based credentials allow rapid front-end validation of identity attributes in service delivery settings, while also enabling back-end systems to confirm authenticity and status through trusted exchanges. This is expected to improve speed, transparency and consistency of identity verification across government entities and regulated sectors, reduce manual handling, and lower the risk of fraud and impersonation, according to NADRA.

The amendments also strengthen the enforcement effect of card suspension. The Rules now clarify that where a card is suspended, all verification, authentication and related services linked to that card shall stand suspended forthwith. This closes a key risk area by ensuring that once a card is suspended, it cannot continue to be used through digital verification channels or institutional authentication processes.

“The amendments also introduce standardized identification for residents of Azad Jammu and Kashmir by requiring an inscription indicating ‘Resident of Azad Jammu and Kashmir’ in the manner specified by the Authority, thereby ensuring uniform geographic identification on the document,” NADRA said.

“Overall, these amendments strengthen the legal and technological foundations of Pakistan’s identity system by enabling secure QR-based verification, reinforcing the integrity of digital authentication services, improving biometric assurance,” it said. “They also advance readiness for integrated digital governance by supporting structured interoperability through the National Data Exchange Layer and a broader Digital ID ecosystem.”