PM Shehbaz reaffirms commitment to deepen economic ties with China under CPEC 2.0

ISLAMABAD – Prime Minister Muhammad Shehbaz Sharif held a series of high-level meetings with leading Chinese enterprises, reaffirming Pakistan’s commitment to deepening economic, industrial, and infrastructure cooperation under the framework of CPEC Phase II. The prime minister met with the delegation of FAMSUN led by CEO Mr. Zhengjun Chen. He appreciated FAMSUN’s longstanding contribution to Pakistan’s agriculture sector, particularly in grain storage, feed production, and food security. The premier emphasized Pakistan’s focus on reducing post-harvest losses and invited FAMSUN to establish manufacturing and technology transfer facilities in Pakistan under the incentives available through Special Economic Zones and the Green Pakistan Initiative. PM Shehbaz Sharif also met with Chairman Hou Jianxin and delegation of Shandong Xinxu Group Corporation and welcomed the Group’s expanding footprint in Pakistan across maritime development, battery manufacturing, mineral processing, and industrial cooperation. He appreciated Xinxu Group’s role in advancing the Xinxu Special Economic Zone, the Sea-to-Steel project at Port Qasim, and investments in Gwadar and northern mineral sectors. The Prime Minister reaffirmed the Government’s full support for these strategic projects and encouraged accelerated implementation under CPEC Phase II. He also met with Zhang Bingnan, Chairman of China Communications Construction Corporation (CCCC) and senior representatives of China Road and Bridge Corporation (CRBC). The Prime Minister highly appreciated the companies’ over six decades of contribution to Pakistan’s infrastructure development, including landmark projects such as the Karakoram Highway Rashakai Special Economic Zone. He reiterated Pakistan’s commitment to fast-tracking priority infrastructure projects including ML-1, KKH realignment, and other connectivity initiatives under CPEC. The Prime Minister emphasized that Pakistan values CCCC/CRBC as long-term strategic partners in infras