BEIJING: Dr. Abid Qaiyum Suleri, the executive director of the Sustainable Development Policy Institute (SDPI), highlighted China’s commitment to facilitating easier access for foreign nationals to work, study, and travel within the country.
Speaking to China Economic Net (CEN), he emphasized that China’s dedication to wider opening-up and mutual benefits creates an advantageous environment for foreign businesses to prosper. He noted that China’s well-developed infrastructure and comprehensive industrial system further enhance its appeal to foreign companies and investors.
During the annual plenary sessions of China’s top legislative and political advisory body, known as the Two Sessions, the government work report for 2024 was presented. The country’s GDP growth target is set at approximately 5% for 2024, and development objectives for several sectors are outlined. Shakeel Ramay, CEO of the Islamabad-based Asian Institute of Eco-civilization Research and Development, shared insights with a CEN reporter.
Ramay highlighted China’s efforts in opening up its financial sector and providing opportunities for foreign enterprises to access financing within China. He predicted continued economic growth driven by factors such as the strength of the domestic market, mechanisms supporting the dual circulation model, and initiatives like the Belt and Road Initiative (BRI).
He particularly emphasized the role of renewable energy and related industries, along with innovation- and technology-driven policies, in bolstering China’s economy.
Ali Farid Khwaja, Chairman of KASB Securities, a prominent stock brokerage in Pakistan, echoed the sentiments of confidence in China’s economy. He noted the empowerment of China’s economy by rising high-tech companies and emphasized China’s ability to achieve ambitious goals.
Drawing from his experience covering global markets, Khwaja highlighted the rapid ascent of companies like ZTE and Huawei in the telecom equipment sector, underscoring China’s capability and determination to meet targets. —APP
