According to Xie Xiaolin, the CEO of China’s Vivo Communication Technology, the company is interested in putting up an assembly facility in Pakistan to manufacture smartphones.
Xie Xiaolin made these remarks during a video call with Pakistan’s Ambassador to China, Moin ul Haque, during which he expressed his support for the country. A recent economic diplomacy outreach to Chinese firms was the catalyst for the meeting.
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Aside from the economic team that accompanied Ambassador Haque, was also there. During the meeting, the Consul-General of Pakistan in Guangzhou was present. Haque expressed his pleasure at the strengthening of commercial links between Pakistan and China, but he stressed the need to broaden and diversify such partnerships to ensure their long-term sustainability.
Vivo Mobile’s investment in the Pakistani market since 2017, as well as the company’s development plans in Pakistan, were also praised by the embassy. The embassy also assured the company of its unwavering support.
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Xie Xiaolin and his colleagues gave a presentation on Vivo’s achievements in Pakistan since 2017 and their plans to develop an assembly facility.
The Chinese firm was also briefed on Pakistan’s investment legislation, incentives for export-oriented businesses, and the government’s control over special technology zones.