On May 24, Pakistani and Chinese officials, business leaders and investors gathered in Hangzhou, in China’s Zhejiang province, for the Pakistan-China B2B (Business-to-Business) Investment Conference. More than 500 leading enterprises from both countries attended the event, where Islamabad and Beijing signed several new Memoranda of Understanding (MoUs).
The Pakistan-China B2B investment conferences are a series of meetings between the two countries to enhance strategic and economic ties through tech and other sector-specific partnerships. The first conference was held in Shenzhen in June 2024, which resulted in several commercial agreements. Over 600 Chinese companies participated in the second conference in September 2025, when the two countries signed 21 joint agreements and 148 MoUs, and bilateral accords worth $8.5 billion across many sectors.
The most recent conference, the third in the series, was focused on technology, including artificial intelligence (AI), telecommunication, agriculture, fintech, and energy storage. Pakistani officials touted the engagements as a new phase of economic cooperation under the China-Pakistan Economic Corridor (CPEC), the flagship project of China’s ambitious Belt and Road Initiative (BRI).
