KASHGAR, Aug. 19: Twelve cooperation projects between China and Pakistan, valued at RMB 235 million, were successfully signed at the Pakistan-focused session of the 15th Kashgar-Central and South Asia Commodity Fair held in Kashgar, Xinjiang Uygur Autonomous Region, China, as reported by China Economic Net (CEN).
Themed “Sharing Development Opportunities, Building CPEC Together,” the event focused on key sectors including trade, logistics, agriculture, tourism, new energy, and information technology. It provided a practical and efficient platform for advancing the upgraded version of the China-Pakistan Economic Corridor (CPEC) collaboration.
The organizer reported that economic and trade exchanges between Kashgar and Pakistan have seen increasing closeness, with trade volume steadily rising. In the first half of this year, trade between Kashgar and Pakistan increased by 74% year-on-year. Over 200 Kashgar-based foreign trade companies have actively engaged with the Pakistani market, and 56 Pakistani enterprises have established a presence in Kashgar, particularly thriving in sectors like international logistics, import-export trade, and jewelry processing.
Nadeem Alam, President of the Hunza Chamber of Commerce and Industry in Gilgit-Baltistan, emphasized that CPEC has laid a solid foundation for bilateral exchanges. He expressed hopes for further cooperation in infrastructure investment, tourism, energy, and trade and investment optimization.
The fair, which began on August 15, attracted participants from 40 countries and regions, including Pakistan, Kyrgyzstan, and Kazakhstan. Over the five-day event, 181 overseas enterprises and 1,120 domestic companies showcased a diverse range of products and promoted regional economic cooperation.
