Pakistani, Chinese traders hold B2B meetings at PCJCCI

Sarfraz Ali 06:07 PM | 28 Feb, 2018
Pakistani, Chinese traders hold B2B meetings at PCJCCI
LAHORE – The Pakistan China Joint Chamber of Industry and Commerce (PCJCCI) on Wednesday organised business-to-business meetings of 31 high profile members and multi-sector Chinese trade delegation with Pakistani investors, and entrepreneurs.

The delegation was headed by Ms Teng Shuang, Deputy Minister China Council for the Promotion of International Trade Jinan.

The delegation came with a purpose to hold interactive B2B meetings with potential partners in Pakistan. The area of interest was mainly Auto Parts manufacturing sector including; Electrical accessories, electrical equipment, sheet metal processing, fiber laser cutting machine and precision machinery along with many other.

The head of the delegation, Ms Teng Shuang invited the PCJCI members to Jinan and extended her precious regards and offer to fully cooperate with the Pakistani officials. The B2B meetings were exclusively arranged by the members of PCJCCI to increase the scope of trade and investment in the above-mentioned areas.

The delegation was warmly welcomed by Dr Iqbal Qureshi, Senior Vice President of PCJCCI. In the interest of promoting bilateral trade facilities between China and Pakistan, Dr Qureshi expressed an utmost aspiration to make these business engagements purposive and productive for the businessmen of both countries.

Conveying his thoughtful approach as an economic analyst, Qureshi said that the “Pak China Joint Chamber of Commerce and Industry is highly grateful to the Chinese officials for being amazingly supportive and concerned about the business development of both countries”.

“China has been an incredible support of Pakistan at all times. Beijing’s constant assistance will do wonders for the emerging economic status of Pakistan and these B2B meetings will certainly have a positive impact on the business community.”

The meeting included various dignitaries including Mr Sohail Qadri, from Punjab Board of Investment, who talked about the investment policies for boosting the ongoing economic activities in Pakistan. Qadri also brought to notice the importance of CPEC in his conversation with high profile delegates from various industries and showed his honest hopes for the industrial boom of both nations.

The PCJCCI invited topmost auto parts manufacturing Pakistani companies to represent the auto industry of Pakistan before Chinese Investors. Among those companies were Suzuki Master Motor, Toyota Airport Motor, Ruba Automotive, Roshan Packages, Guard Agricultures and Novamed Pharmaceuticals etc. The meetings were held successfully between the investors and facilitators. The Chinese entrepreneurs highly appreciated the arrangements being done by PCJCCI and they were also satisfied with the positive response of the companies during the meeting.

It was observed that counselling with Chinese business community is mandatory to increase the quantum of trade and investment opportunities in Pakistan.

Sarfraz Ali
Sarfraz Ali

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 23, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 23, 2023 (Thursday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.1 286.15
Euro EUR 302.5 305.5
UK Pound Sterling GBP 343.5 347
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.55 757.55
Canadian Dollar CAD 205 207.2
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.77 41.17
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 919.22 928.22
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.66
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.12 307.62
Thai Bhat THB 8.19 8.34

Today's gold rates in Pakistan – 23 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,800 on Thursday. The price of 10 grams of 24k gold was recorded at Rs174,730.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 203,800 PKR 2,350
Karachi PKR 203,800 PKR 2,350
Islamabad PKR 203,800 PKR 2,350
Peshawar PKR 203,800 PKR 2,350
Quetta PKR 203,800 PKR 2,350
Sialkot PKR 203,800 PKR 2,350
Attock PKR 203,800 PKR 2,350
Gujranwala PKR 203,800 PKR 2,350
Jehlum PKR 203,800 PKR 2,350
Multan PKR 203,800 PKR 2,350
Bahawalpur PKR 203,800 PKR 2,350
Gujrat PKR 203,800 PKR 2,350
Nawabshah PKR 203,800 PKR 2,350
Chakwal PKR 203,800 PKR 2,350
Hyderabad PKR 203,800 PKR 2,350
Nowshehra PKR 203,800 PKR 2,350
Sargodha PKR 203,800 PKR 2,350
Faisalabad PKR 203,800 PKR 2,350
Mirpur PKR 203,800 PKR 2,350


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