China making efforts to achieve balanced trade

Chinese Consul General in Lahore Zhao Shiren has emphasised that Beijing is making all-out efforts to have balanced trade with Pakistan and create more opportunities for Pakistani exporters. He pointed out that bilateral trade had grown substantially, with the trade volume reaching $16.2 billion in financial year 2023-24. He said that China was keen on narrowing the trade deficit by encouraging imports of Pakistani products. Speaking during a visit to the Lahore Chamber of Commerce and Industry (LCCI), the consul general reiterated China's intention to foster stronger business-to-business (B2B) links and promote public-private partnerships for mutual economic benefits.