Mian Zahid for increasing exports to China

Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board of FPCCI, has said that Pakistan-China an "all-weather strategic cooperative partnership," identifies critical opportunities for Pakistan to address its persistent trade deficit with China and move towards a more balanced, mutually beneficial relationship. He said a structural trade imbalance has persisted and widened despite the China-Pakistan Free Trade Agreement (CPFTA), as Pakistan primarily exports low-value raw materials while importing high-value machinery and consumer goods. Hussain emphasised that this issue requires a fundamental strategic shift. "Our reliance on low-value exports is a key weakness," he stated.