`Chinese textile industry exploring Pakistan`
KARACHI: The rising cost of business and environmental issues in China has made Pakistan an ideal destination for relocation of Chinese textile industry, leader of a Chinese delegation and vice president of Tianjin People`s Association for Friendship with Foreign Countries, Mr Chen Weiming said on Friday.[TOP]
He was addressing a meeting with the members of All Pakistan Textile Mills Association (Aptma).
He emphasised the need for adjustments to promote industry. `It will help in balancing trade of both nations,` he said.
The aim would be to create multidisciplinary, multiple formats and diversified development of modern textile industry, he added.
Aptma Senior Vice-Chairman Zahid Mazhar welcomed joint ventures in the textile sector.