Chinese ACFIC and Precise Development (HK) Ltd Delegation Explores Economic Collaboration with Pakistan

ACFIC

Islamabad, The Gulf Observer: On 6 August 2025, a high-level five-member Chinese business delegation from the All-China Federation of Industry and Commerce (ACFIC) and Precise Development (HK) Limited visited Pakistan to explore economic cooperation opportunities. During their visit, the delegation met with Dr. Imtiaz Ahmad, Chief Economist of Pakistan, at the Federal Ministry of Planning, Development and Special Initiatives in Islamabad. Dr. Ahmad warmly welcomed the delegation and underscored Pakistan’s eagerness to deepen economic ties with China.

The Chinese delegation was headed by Mr. Yi Jiang, Director of All-China Federation of Industry and Commerce (ACFIC), and Mr. David Chu, CEO of Precise Development (HK) Limited, China.
During the meeting, the delegation praised the investor-friendly policies implemented by the Government of Pakistan. Dr. Imtiaz Ahmad provided a comprehensive overview of Pakistan’s development policies, highlighting the country’s commitment to fostering economic growth and collaboration.

This exchange underscores the strong bilateral engagement between China and Pakistan, emphasizing the importance of international cooperation in driving sustainable development and economic prosperity. Such interactions pave the way for deeper mutual understanding and partnership opportunities that benefit both nations.

The meeting was also attended by Mr. Khalid Taimur Akram, Director Eurasian Region, Precise Development (HK) Limited, China.