President Zardari invites Chinese industrial giants to invest in priority sectors

Apr 30, 2026 | China, Economy

SANYA, HAINAN (April 29, 2026) — During his week-long official visit to China, President Asif Ali Zardari met with Wang Jian, CEO of the Hangzhou Jinjiang Group, to encourage a significant expansion of Chinese investment in Pakistan. Highlighting the country’s strategic shift toward sustainability, the President identified renewable energy, water treatment, and electric vehicle (EV) battery systems as top-tier priority sectors. He assured the conglomerate—which ranks among China’s top 100 business groups—that Pakistan, particularly the Government of Sindh, is committed to providing a seamless public-private partnership framework for foreign investors.

Quick Facts

  • Strategic Meeting held in Sanya, Hainan, between President Zardari and the leadership of the Hangzhou Jinjiang Group.
  •  Focus on alternate energy, water treatment, and electric vehicle battery technology.
  • Hangzhou Jinjiang Group is already active in Pakistan’s heavy industry, fertilizer, and coal gasification sectors.
  • President Zardari emphasized that the Sindh government would offer specialized facilitation for provincial investments.
  • The meeting was attended by senior officials including Senator Saleem Mandviwalla and Sindh Provincial Minister Sharjeel Inam Memon.

Expanding the Industrial Footprint

The meeting focused on leveraging the existing presence of Chinese industrial groups to modernize Pakistan’s economic infrastructure. The Hangzhou Jinjiang Group currently operates across oil and gas, renewable energy, and irrigation sectors. The President urged them to pivot toward high-tech green energy solutions.

Zardari noted that foreign partnerships in EV battery systems and water purification are critical for Pakistan’s long-term environmental and industrial health. The President highlighted that the Public-Private Partnerships model is being streamlined to protect foreign capital and ensure project transparency.

The Broader China Visit

President Zardari’s visit to Hainan follows a three-day engagement in Hunan province, part of a broader diplomatic mission to bolster the China-Pakistan Economic Corridor (CPEC).

Beyond business, the President’s itinerary includes attending the commissioning ceremony of the Pakistan Navy submarine “Hangor,” symbolizing the deep strategic and defense ties between the two nations.

The outreach to major Chinese conglomerates is viewed as an effort to stabilize the economy amid regional volatility, ensuring that Pakistan remains a prime destination for long-term Chinese industrial relocation.

The President’s delegation reaffirmed that Pakistan is ready to act as a regional hub for Chinese industry, offering lucrative incentives for companies willing to localize production and technology transfer.

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