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Briefings on China-Pakistan Bilateral Economic and Trade Cooperation in 2017

According to the statistics of Pakistan, China has become Pakistan's largest trading partner for four consecutive years, the largest source of import and the third largest export destination. In the 2017-2018 fiscal year, China-Pakistan trade volume totaled US$13.2 billion, accounting for 16.4% of Pakistan’s total trade volume. Pakistan's exports to China mainly include cotton products, grains (rice), mineral sands, slag and calx, garments, optical, photographic and medical equipment and accessories, lime and cement, and animal leather. China's exports to Pakistan mainly include: electrical machinery, electrical and audio-visual equipment and accessories, nuclear reactors, boilers, mechanical tools and parts, iron and steel, chemical fiber filaments, organic chemicals, iron and steel products, plastics and their products.

At the same time, Pakistan is also China’s largest investment destination in South Asia. According to the statistics of the Ministry of Commerce of China, by the end of 2017, China’s direct investment stock in Pakistan was US$5.71 billion. According to the statistics of Pakistan, China's direct investment in Pakistan in the 2017-2018 fiscal year was US$1,585.8 million, up 30.9% year-on-year, accounting for 57.3% of the foreign investment in Pakistan and ranking the first in Pakistan’s source countries of foreign investment for five consecutive years. In terms of the investment fields, in addition to the traditional energy and infrastructure, China’s capital steadily spreads to communications, home appliances and finance.

(All information published in this website is authentic in Chinese. English is provided for reference only. )