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PM Shehbaz Sharif reaffirms commitment to Pakistan-China industrial cooperation

by Sub News
April 9, 2026
PM Shehbaz Sharif reaffirms commitment to Pakistan-China industrial cooperation
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Islamabad, April 9, 2026: Shehbaz Sharif met with a four-member delegation led by Jin Yongsheng, Chairman of Service Long March Tyres Private Limited, to discuss investment opportunities and the expansion of bilateral industrial cooperation.

During the meeting, the Prime Minister emphasized that the Government of Pakistan is prioritizing the expansion of business-to-business (B2B) relations between Pakistan and China. He reiterated that Pakistan is committed to fostering a sustainable, transparent, and facilitative investment environment to attract foreign investors.

Highlighting the government’s investor-friendly policies, Prime Minister Sharif noted that the Special Investment Facilitation Council (SIFC) is playing a pivotal role in providing essential support and streamlined services to investors. He stressed that joint ventures such as Service Long March are crucial for economic development, employment generation, technology transfer, and export enhancement in both countries.

Chairman Jin Yongsheng commended Pakistan’s investment-friendly ecosystem and appreciated the government’s economic reforms. He also briefed the Prime Minister on the company’s upcoming investment initiatives and expansion plans.

According to the briefing, Service Long March Tyres remains focused on exports, with reported export revenues reaching $54 million during the fiscal year 2024–2025. The meeting was informed that the Board of Investment (BOI) is facilitating the company across various sectors.

The Board of Investment has extended full support for the establishment of the Service Long March Tyres Sole Development Zone in Nooriabad, a key step toward boosting industrial growth and enhancing Pakistan’s export capacity.

The meeting was attended by Qaiser Ahmed Sheikh, Federal Minister for Investment; Bilal Azhar Kayani, Minister of State for Finance and Railways; Haroon Akhtar Khan, Special Assistant to the Prime Minister; along with other senior government officials.

The engagement underscores Pakistan’s commitment to strengthening economic ties with China and attracting foreign direct investment to drive sustainable growth.

Tags: B2Bbilateral industrial cooperation.Board of InvestmentBOIbusiness-to-businessChairman of Service Long March Tyres Private Limitedfour-member delegationgovernment of PakistanIslamabadJin YongshengPrime Minister SharifShehbaz SharifSIFCSpecial Investment Facilitation Council
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