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Punjab, China’s New Envoy Agree to Advance CPEC 2.0 With Investment Focus

Punjab positions special economic zones as the entry point for Chinese manufacturers.

Overview

  • Chief Minister Maryam Nawaz Sharif met Consul General Sun Yan in Lahore and accepted his invitation to visit China, with both sides pledging deeper cooperation under CPEC.
  • Officials outlined CPEC 2.0 as a shift toward industry, agriculture and mining to anchor production, trade and investment.
  • Punjab promoted investor-ready sites at Allama Iqbal Industrial City and Quaid-e-Azam Business Park, including a plug-and-play Garments City for export-oriented manufacturing.
  • A three-month Chinese language course at the Lahore Chamber concluded, highlighting a drive to build language capacity seen as critical for business ties.
  • Business leaders pointed to a large trade gap with China—about $2.5 billion in exports versus $16.3 billion in imports—and called for steps to boost Pakistani sales.