Pakistan, China deepen economic, cultural ties with fresh agreements during President Zardari visit

Pakistan President Asif Ali Zardari (center) witnesses the signing of an Memorandums of Understanding (MoU) between Hao Jiaolonog (left), Vice President of Beijing Asia-Africa Longyue Culture Company, and Ammad Hussain, Director of ASM Services, for the construction of a modern textile industrial park in Pakistan, at Urumqi city of China on September 19, 2025. (PID)
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Updated 20 September 2025
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Pakistan, China deepen economic, cultural ties with fresh agreements during President Zardari visit

  • Islamabad views China as an important strategic ally and investment partner, which has funneled billions of dollars into Pakistan
  • Beijing is Pakistan’s largest trading partner, with Chinese firms investing heavily in Pakistan’s power, transport, infrastructure

ISLAMABAD: Pakistan President Asif Ali Zardari and Chinese officials have vowed to boost trade, cultural and people-to-people relations between both countries, Zardari’s office said on Friday, following his interactions with Chinese leaders in Xinjiang Uyghur Autonomous Region.

President Zardari has been on a ten-day visit to China since Sept. 12, where he has met Chinese political, business and industry leaders to strengthen cooperation between Pakistan and China in diverse sectors.

On Friday, the Pakistan president attended a dinner hosted in his honor by Nie Zhuang, Vice Governor of Xinjiang and the Communist Party Secretary of the Kashgar city, according to Zardari’s office.

Welcoming the Pakistan president, Vice Governor Nie highlighted the centuries-old relations between people of the Kashgar and the people of Pakistan.

“Kashgar greatly valued its friendship with Pakistan and looked forward to enhancing cooperation in trade, culture, and people-to-people exchanges,” Nie was quoted as saying by Zardari’s office.

President Zardari expressed gratitude for the warm hospitality and said he was deeply impressed by the “remarkable progress” he had witnessed across various Chinese cities.

“I feel energetic after meeting the Chinese people, as their warmth leaves a positive impact on me and gives me positive energy,” he said, complimenting President Xi Jinping for his visionary leadership in transforming China into a major economic power.

Pakistan views China as an important strategic ally and investment partner, which has funneled billions of dollars into the country under the China-Pakistan Economic Corridor (CPEC) energy and infrastructure project for over a decade.

On Friday, Pakistani and Chinese enterprises signed multiple memorandums of understanding (MoUs) for the establishment of a textile industrial park, supply of advanced emergency equipment and to modernize livestock sector in Pakistan, with President Zardari overseeing the signing ceremony.

The Pakistani president said the agreements would open new avenues of cooperation between Pakistan and China in sectors that directly support Pakistan’s economic growth and public welfare.

“Modernizing the livestock industry will help improve food security and create job opportunities in rural areas, the textile park will boost industrial development and exports, while the partnership on fire trucks and emergency equipment will strengthen Pakistan’s capacity to respond to disasters and protect communities,” he was quoted as saying by his office.

Beijing is Pakistan’s largest trading partner, with bilateral trade topping $25 billion in recent years, while Chinese firms have also invested heavily in Pakistan’s power, transport, infrastructure, telecommunication and other projects.

Earlier this week, both sides signed multiple agreements to strengthen cooperation in agriculture, environmental protection and mass transit.


Pakistan finance chief calls for stronger emerging market voice during Saudi conference

Updated 12 February 2026
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Pakistan finance chief calls for stronger emerging market voice during Saudi conference

  • Aurangzeb tells Saudi state media developing economies must assume larger global role
  • Minister says AlUla conference can strengthen coordination among emerging economies

KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb on Thursday called for developing economies to play a greater role in shaping global economic governance in an interview on the sidelines of the AlUla Conference for Emerging Market Economies in Saudi Arabia.

The conference, hosted by the Kingdom’s Finance Ministry, brings together top government functionaries, central bank governors and policymakers from emerging markets to discuss debt sustainability, macroeconomic coordination and structural reforms amid global economic uncertainty.

In a conversation with the Saudi Press Agency, Aurangzeb described the conference as a timely platform for dialogue at a moment of heightened geopolitical tensions, trade fragmentation and rapid technological change, including advances in artificial intelligence.

“It is not merely about discussions but about translating deliberations into concrete policy actions and execution over the course of the year,” he said, according to a statement circulated by the Finance Division in Islamabad.

The minister said emerging markets’ growing share of global output and growth should be matched by greater influence in international decision-making.

He noted these economies must strengthen collective dialogue and coordinated policy responses to address shared challenges, adding that the global landscape had evolved significantly since the inaugural edition of the conference.

Aurangzeb expressed confidence that the outcomes of the AlUla Conference would contribute to strengthening coordination among emerging economies and reinforcing their collective voice in shaping a more inclusive and resilient global economic order, the statement added.