Pakistani diplomat highlights digital boom and investment potential at global expo
By Meng Fanrong
HANGZHOU, Oct. 10 (China Economic Net) - "Pakistan's digital landscape is growing rapidly, and it offers immense potential for investors. Pakistan is eager to collaborate with global partners, especially China, to harness the full potential of digital trade," declared the Consul General of Pakistan in Shanghai, Shehzad Ahmad Khan, at the opening ceremony of the 3rd Global Digital Trade Expo held in Hangzhou, Zhejiang on 25 September.
Shehzad Ahmad Khan, Consul General of Pakistan in Shanghai addresses the 3rd Global Digital Trade Expo. [Photo provided by Consulate General of Pakistan in Shanghai]
Hangzhou has witnessed significant growth in the digital sector, particularly in cross-border e-commerce and digital trade. Since being approved as China's first comprehensive pilot zone for cross-border e-commerce in 2015, Hangzhou has experienced a surge in cross-border e-commerce sellers, from fewer than 100 to over 63,000. In 2023, the city's digital trade volume amounted to approximately RMB 319 billion.
"China is viewed as a pioneer in digital innovation, and we are keen to learn from China's success stories and partner with China to fully tap the potential of digital trade," Shehzad Ahmad Khan said. "Pakistan is rapidly transforming its digital infrastructure, leveraging technologies like cloud computing, data centers and IoT."
The Consul General further elaborated on the supportive policies and market layout optimization that have contributed to Pakistan's digital growth. He cited the policies of the Pakistani government, such as the Pakistan National ICT Industry Development White Paper, aimed at expanding computing power and integrating smart applications across various sectors. These efforts not only enhance digital transformation, but also indirectly boost overall economic output through their multiplier effects, he stressed.
Asked about the potential of digital collaboration between Pakistan and China, the diplomat was enthusiastic. "The China-Pakistan digital collaboration extends beyond infrastructure investment. Both countries are working together to develop a new generation of ICT experts who can continue Pakistan's digital journey for many years to come," he said. "This includes increasing digital skills investment, which is considered a pillar of Pakistan's digitalized future. We extend an invitation to more Chinese enterprises to explore these prospects."
(Editor:Liao Yifan)