Qudsia Bano

Pakistan and China have strengthened their cooperation in the fields of information technology (IT) and e-commerce with the signing of a memorandum of understanding between the Guangzhou Tianhe Software and Information Industry Association and E-Commerce Gateway Pakistan Private Limited, a trade shows and exhibitions organiser.

The agreement aims to jointly promote ITCN Asia 2025, a premier IT and e-commerce trade fair, scheduled to take place in Lahore and Karachi from May 9-11 this year. Experts believe this partnership will not only enhance Pakistan’s digital economy but also attract foreign investment and promote technological advancements.

Muhammad Imran, Acting Consul General and Trade and Investment Counsellor at Pakistan Consulate General, Guangzhou, highlighted the significance of the collaboration, stating that it represents a shared commitment to advancing Pakistan-China cooperation in IT and e-commerce.

“This partnership will create opportunities for local businesses, facilitate knowledge exchange, and strengthen bilateral trade relations. China’s expertise in digital innovation can significantly contribute to Pakistan’s technological growth,” he said. Guangzhou’s Tianhe District, known as the “Silicon Valley of Guangzhou,” is home to some of China’s most innovative tech firms and startups, making this partnership strategically important for Pakistan’s IT industry.

Experts have praised the initiative, calling it a game-changer for Pakistan’s digital economy. Dr Asad Qureshi, a digital transformation specialist, noted that China’s involvement in Pakistan’s IT sector could accelerate the country’s progress toward becoming a regional technology hub. “China has made significant advancements in Artificial Intelligence, fintech, and e-commerce.

This MoU provides Pakistan with an opportunity to learn from China’s experience and implement similar digital strategies that can enhance the efficiency of local businesses,” he explained. Qureshi also emphasised that events like ITCN Asia 2025 will attract international investors, boosting Pakistan’s IT exports.

Ali Kamal, Chief Economist at the SDG Support Unit, Ministry of Planning Development and Special Initiatives, pointed out that the agreement will help bridge Pakistan’s digital divide and improve market access for small and medium-sized enterprises. “Many local businesses lack exposure to global e-commerce trends.

Collaborating with China’s tech industry will provide them with the tools and knowledge to compete in the international market. This will lead to job creation and economic growth,” he said. Kamal also highlighted that increased cooperation with China could pave the way for further investments in Pakistan’s digital infrastructure, making it easier for businesses to transition to online platforms.

With Pakistan’s IT and e-commerce sectors growing rapidly, the MoU is expected to play a crucial role in shaping the country’s digital future. By leveraging China’s technological expertise and market influence, Pakistan can position itself as a key player in the global digital economy, fostering innovation and long-term economic growth.

Credit: INP-WealthPk