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PR-/62
Rajab 4, 1437 A.H.
April 12, 2016

CEC Expo plans to showcase Chinese Electronics in Karachi next year: Shao Shulin

KARACHI: President of CEC Expo, Mr. Shao Shulin has informed that CEC Expo, a subsidiary of China National Electronics Import & Export Corporation (CEIEC), plans to organize an exhibition in Karachi in the month of March 2017 to showcase electronics, home appliances and security system being produced by China Electronics Corporation.

Exchanging views during his visit to Karachi Chamber of Commerce & Industry (KCCI) along with members of CEC Expo delegation, President CEC Expo informed that around 200 exhibitors from China were being targeted for this particular show in Karachi which will be staged next year.

The Chinese delegation also comprised of CEC Expo Deputy Manager Mr. MIAO Jian, CEC Expo Project Manager Ms. Ivy Fan and CEC Expo General Manager Mr. WANG Ying, whereas President KCCI Younus Muhammad Bashir, Senior Vice President KCCI Zia Ahmed Khan, Vice President KCCI Muhammad Naeem Sharif, Former Presidents KCCI Haroon Agar and Iftikhar Ahmed Vohra, CEO Badar Expo Zohair Naseer, Director International Marketing Badar Expo Sadia Zohair and KCCI Managing Committee members were also present at the meeting.

Appreciating the vibrant role being played by Karachi Chamber of Commerce and Industry, Shao Shulin sought KCCIís assistance for effectively promoting CEC Expoís exhibition which will provide a perfect platform for Business-to-Business meetings between the business communities of Pakistan and China.

It was further informed during the meeting that a seminar will also be staged at the exhibition and special arrangements were being planned for B2B meeting in order to explore possibilities of undertaking joint ventures and look for investment opportunities in the electronics sector.

President CEC Expo further informed that CEIEC was one of the largest trader of electronics in China which focuses on four integrations including Defense Electronics System Integration, Public Security Integration, Overseas Engineering Integration, and Business Solutions Integration.

Speaking on the occasion, President KCCI Younus Muhammad Bashir extended full support and cooperation to President CEC Expo in making their exhibition successful in Karachi. In this regard, he said that the exhibitionís information will be circulated amongst all members of the Karachi Chamber and KCCI members from the electronics sector will particularly be encouraged to densely participate in this show.

He was of the view the exhibition and trade fair play a very crucial role in improving trade and investment ties between countries by bringing the business communities under one roof where business-to-business meetings and matchmaking can be done successfully.

He said that the Karachi Chamber, being a vital stakeholder of business and industrial community, acts as a bridge between, government, law enforcement agencies, and business & industrial community of Karachi which was the industrial and capital hub of Pakistan. He informed that the city generates more than 65 percent revenue to the national exchequer and contributes 35 percent to national GDP. Therefore, the economy of Karachi accelerates the pace of the National economy.

Younus Bashir informed the delegates that Karachi offers excellent opportunities to Chinese investors who can surely benefit by investing or undertaking joint ventures in various sectors of the economy, particularly in the electronics sector.

He was of the view that the telecommunication and Consumer Electronics market of Pakistan has grown at a rapid pace during the past few years and further growth was being expected in the days to come.

Majority of the electronics including home appliances, computers and core computer components, telecommunication and consumer electronics etc. were being supplied to the rest of the country from Karachi where many international companies in the electronics businesses have established their units and have been successfully doing business. Chinese companies can also look for business opportunities in the IT sector of Pakistan, he said, adding that Pakistan has a considerable market for a host of electrical items.

He was of the opinion that there was a huge potential for further improving trade and business ties between Pakistan and China. With setting up of China-Pakistan Economic Corridor (CPEC) and upon completion of Gwadar Port, massive number of investment opportunities were likely to emerge in this part of the region which was likely to become the Gateway to South Asia and Central Asian Republics.

He also invited Chinese delegates to participate in KCCIís 14th My Karachi-Oasis of Harmony Exhibition scheduled to be organized in the month of April 2017 which would provide a perfect platform for promoting Chinese electronic equipment. The three day long exhibition is attended by around 1 million visitors while many countries around the world including Vietnam, Mauritius, Indonesia, Sri Lanka, Bangladesh, India, Turkey, Switzerland and Japan etc. have also been successfully participating in this event.