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BEIJING, Nov 5 (APP):: China and Pakistan have taken another step forward in deepening their economic collaboration, with three new cooperation agreements signed at the Office for Asia-Africa Economic and Trade Cooperation Promotion, China’s Ministry of Agriculture and Rural Affairs.
The deals cover a clean water project, a media city project, and a transport robotics initiative.
According to Senator Saleem Mandviwalla, Chairman of Pakistan’s Senate Standing Committee on Finance and Revenue, who witnessed the signing, the sewage treatment, bottled mineral water, and seawater desalination projects will be undertaken by the Chinese environmental technology company Lucion. The initiative, to be based in Pakistan’s Sindh province, aims to help ease the region’s long-standing water crisis.
The transport robotics project, led by a Shanghai-based technology firm, will be rolled out across Pakistan. It will introduce smart delivery and guidance robots in hotels, hospitals, and airports, marking a step toward automation in the country’s service sector.
“China is already highly advanced in smart technologies,” Mandviwalla said. “Pakistan wants to learn from that experience. When our president visited China in September, we saw robots delivering meals in hotels and assisting travelers in airports — we want to bring such innovations to Pakistan.”
He also announced plans to establish a China-Pakistan Asia-Africa Economic and Trade Cooperation Promotion Association, which will focus on strengthening bilateral trade, economic partnerships, media collaboration, and cultural exchanges, China Economic Net reported.
Cultural cooperation is already taking shape. Following the screening of the Chinese record-breaking animated film Ne Zha 2 in Pakistan, the country’s all-time box office hit The Legend of Maula Jatt will soon make its debut in Chinese cinemas.
Recognizing the growing role of Chinese enterprises in Pakistan’s industrial and energy sectors, Mandviwalla also emphasized the importance of aligning with China’s upcoming 15th Five-Year Plan (2026–2030). “It’s not a plan for China only — it’s a global plan,” he said. “Pakistan should seize every opportunity it presents.”
Addressing Pakistan’s economic situation, Mandviwalla said inflation has dropped from 40 percent last year to below 10 percent, interest rates have come down, and the economy is showing signs of recovery. “We have to grow carefully, because rapid expansion can also bring inflation. But our fundamentals are strengthening,” he said.
He pointed to the record-breaking performance of the Pakistan Stock Exchange as evidence of investor confidence.
“Sectors such as energy, cement, banking, and automobiles are performing strongly with double-digit profits,” he said. “That is why the stock exchange is at its highest level ever.”