BEIJING, Aug 18 (INP): Trade volume between China and Pakistan has reached around dollar 20 billion that reflects growing economic relationship between the two countries.

This was stated by Pakistan Counsel General, Shanghai , Dr. Naeem Khan on Friday.  The two countries have bright prospects to further upgrade their trade tires. China, he said is a huge economic power and looking forward to new markets for its surplus production and Pakistan could become an ideal destination for Chinese investment and goods because of vibrant middle class and hardworking workforce,”

Dr. Naeem Khan was of the view that with huge consumers market and skilled, hardworking and low cost labor, Pakistan could attract the Chinese investors and traders and turn Pakistan into a major industrial zone.

He said, China is committed to invest more than $ 60 billion under China-Pakistan Economic Corridor (CPEC), a flagship project of Belt and Road Initiative in energy and infrastructure sectors in Pakistan .

Naeem Khan said China considers Pakistan a strategic partner has been encouraging its investors and traders to go Pakistan take part in investment and trade activities.

“We can achieve our goal of economic prosperity by utilizing this opportunity in an appropriate manner by enhancing our economic base and overcoming challenges,” he added.

Terming the CPEC a cornerstone for the economic development of Pakistan , he said, “ Pakistan could be China ’s best trade partner in the region, by enhancing its infrastructure and communication network.

About the role of the Consulate General in attracting Chinese investment in Pakistan , he said, “We have been introducing Pakistani products in the trade fairs besides maintaining a close liaison with political and economic leadership as well as the chambers of commerce for this purpose.”

INP/J/SB/AK