Serving Zhejiang Private Enterprises Going Global Policy Presentation and Pakistan’s Rasakai Special Economic Zone Promotion Conference was held in Hangzhou, Zhejiang Province on the 22nd. More than 150 representatives of well-known private enterprises in Zhejiang attended the conference on-site, and more than 1,000 entrepreneurs attended the conference online. Seeking for the “power of private enterprises” on the road to high-quality development of China-Pakistan Economic Corridor.
As an important pilot project of the “Belt and Road” initiative and a landmark project of China-Pakistan cooperation, the China-Pakistan Economic Corridor has made a number of construction progress in recent years. For private enterprises, participating in the construction of the China-Pakistan Economic Corridor is providing new platforms and opportunities for enterprises to go global and carry out international cooperation.
At the scene, Yang Xuesong, deputy general manager of China Road and Bridge Engineering Co., Ltd., introduced that the Rashakai Special Economic Zone in Pakistan, developed by his company, is the first industrial park project promoted under the framework of the China-Pakistan Economic Corridor. It will actively introduce automobiles, Machinery and equipment manufacturing and other related industries. Enterprises in the park can enjoy a one-time exemption from tariffs on imported machinery and equipment used for plant construction, and exemption from income tax for 10 years after production.
Wang Licheng, chairman of the International Cooperation Chamber of Commerce of Zhejiang Province Federation of Industry and Commerce and chairman of the board of directors of Holley Group, bluntly stated that overseas economic and trade cooperation zones such as Pakistan’s Rashakai Special Economic Zone are a new model for China’s opening to the outside world and an important carrier of international capacity cooperation. Enterprises have provided good conditions for participating in international cooperation. Private enterprises should take the opportunity of international production capacity cooperation to follow up quickly, and jointly draw a "concentric circle" of development.
According to Jin Weihai, vice chairman of the Zhejiang Chamber of Commerce and chairman of the board of directors of Jintian Sunshine Investment Group Co., Ltd., Pakistan is in the early stages of industrialization. It is a good opportunity for private enterprises to leverage their industrial advantages and participate in the high-quality development of the China-Pakistan Economic Corridor. Consider organizing a team to go to Pakistan to carry out project inspections after the epidemic has stabilized.
"What are the preferential policies for financing and lending in Pakistan?" "Is there a huge demand for ecological agriculture and traditional Chinese medicine in Pakistan parks, and what is the investment prospect?" A video connection was also carried out at the scene, and the representatives of the enterprises on the scene had a "cloud dialogue with the leaders of the Pakistani park" ", in-depth exploration of the "potential" of local development.
It is understood that in recent years, Zhejiang’s foreign trade and overseas investment have continued to grow. During the "Thirteenth Five-Year Plan" period, the foreign investment of Zhejiang private enterprises accounted for more than 95% of the province's total investment; from a regional perspective, investment in countries along the "Belt and Road" has a high proportion, with the investment amount accounting for 48.96% of the total investment. In 2020, the trade volume between Zhejiang and Pakistan was 3.48 billion U.S. dollars, of which the import from Pakistan was 440 million U.S. dollars, a year-on-year increase of 58.4%.
"At present, private enterprises have become the main force in Zhejiang to accelerate economic transformation and development and promote high-quality economic development." Chen Hao, deputy director of the United Front Work Department of the Zhejiang Provincial Party Committee and secretary of the Zhejiang Federation of Industry and Commerce, said that Pakistan is a member of the World Trade Organization and has 2 The vast market with a population of over 100 million and huge development potential is another hot spot for Chinese companies to cultivate overseas. The province will provide better services for the development of private enterprises in related parks and promote the integration of private enterprises into the development of the international economy.