Business Desk 
Sep 05, 2025
Pakistan and China signed 21 memorandums of understanding (MoUs) and joint ventures worth $4.2 billion on Thursday to enhance business-to-business (B2B) cooperation across multiple sectors.
The agreements were announced at the second Pakistan-China B2B Investment Conference in Beijing, where Prime Minister Shehbaz Sharif assured Chinese investors of swift facilitation and the removal of bureaucratic hurdles.
Calling the new agreements a reflection of the “iron-clad brotherhood” between the two nations, the prime minister said Pakistan was committed to expanding bilateral economic ties.
“Pakistan is your second home, just as China is ours,” he told Chinese businessmen, stressing the government’s determination to avoid delays in the investment process.
China is still an important strategic partner for Pakistan, having invested billions of dollars in energy and infrastructure projects under the China-Pakistan Economic Corridor (CPEC), which is a flagship project of President Xi Jinping's Belt and Road Initiative (BRI).
According to Pakistan's Planning Commission, CPEC projects are worth $25.4 billion, while a further $8 billion is reportedly in the pipeline, bringing the total Chinese investment in the country to around $33 billion at this stage.
Among the agreements at the conference, various deals were discussed including the agriculture, health, mining, industrial, and information technology sectors. The PM particularly emphasised the importance of agriculture, referring to its significance as 60% of the economy in Pakistan, and encouraged Chinese companies to bring their expertise and capital to Pakistan to invest.
He also said that with respect to Agriculture, opportunities in IT and artificial intelligence should also be focused, and referred to China as the world leader in this field.
Describing the B2B engagements as a "long march of economic development" prime minister stated that "the deals are a new chapter in the relationship between Pakistan and China that commences in Beijing, it proceeds in Islamabad."
