Pakistan is preparing to launch its inaugural Panda Bond in China's capital markets, Finance Minister Muhammad Aurangzeb announced in a China Global Television Network (CGTN) interview.
He described the step as evidence of maturing bilateral ties, shifting from infrastructure focus to diversified, market-led economic collaboration. Aurangzeb noted China as Pakistan's largest trading partner, with trade nearing $17 billion in the year's first eight months, bolstered by Beijing's support at international forums and via the China-Pakistan Economic Corridor (CPEC).
CPEC Phase-II, launched after meetings with President Xi Jinping and Premier Li Qiang, emphasizes asset monetization through business-to-business partnerships and private-sector initiatives. Key investment areas include agriculture, minerals, AI, and digital economy, with emphasis on technology transfer beyond mere funding.
Aurangzeb reaffirmed alignment on geopolitical and economic fronts, solidifying the enduring strategic partnership between the two nations.
