Joint ventures with China in the handicrafts sector would be beneficial for Pakistan: President Pakistan China Joint Chamber of Commerce and Industry

Lahore, June 04, 2015 (PPI-OT): “It would be very beneficial for Pakistan to initiate joint ventures with China in the handicrafts sector on the basis of Buy-back guarantee under which raw material and wages would be provided by China and in return market driven handicrafts items would be produced by Pakistan. This idea was given by President Pak-China Joint Chamber of Commerce and Industry, Mr. Shah Faisal Afridi while addressing a 7-member delegation that arrived from Qingdao Chamber of Commerce, Shandong China to explore prospects of Joint ventures in Handicrafts sector of Pakistan.

The delegation had arrived from China upon the call of Mr. Shah Faisal Afridi. The delegation was led by Chen Xiong, Chairman, Qingdao Chamber of Commerce. Other prominent members were Zhou Aibin from Qingdao Industry and Trade Co, Zhang Chengbao from Qingdao Kaiyue Houseware Co., Ltd, Mr Yang Chuandong from Qingdao Ai Fente Co.

PCJCCI Facilitated the delegation by organizing an “Industrial/ traditional Products of Punjab Exhibition “in collaboration with Punjab Small Industries Corporation. The objective of the exhibition was to preserve and promote traditional handicrafts of Pakistan at the International level.

The exhibition was attended by people from different walks of Life including local and Foreign Chinese Investors. The members of Quingdao Chamber of Commerce and Industry were highly impressed by the exquisite and vibrant Handcrafts products being displayed at the exhibition.

The products include, Textiles products, hand-woven, block-print, Tie and Die, Chundri and Embroidery, Jewellery items, Bangles, Glass work, Metalwork, Carpets, Rugs and Durries, Pottery, Ceramics and Clay Toys, Basketry, Paper Mache products, Woodwork and furniture, Candles, Leather garments and accessories, and Cutlery.

Earlier, a welcome speech was given by Mr. Shah Faisal Afridi, President PCJCCI, in which he suggested to initiate joint ventures in the handicrafts sector on the basis of Buy-back guarantee. He said that Handicraft manufacturing industry of China is facing challenges due to expensive labour whereas demand of the traditional handmade products is on rise.

He was of the view that Pakistan can become the manufacturing house of handicrafts for China as Pakistan is enriched with a labour captive skilled human resource in the form of rural women; moreover Like in several other sectors, there is an intense similarity of interest between Pakistan and China in respect to production and exports of giftware and handicrafts.

The idea of Mr. Faisal Afridi was highly appreciated by the delegates, who said that China could initiate Joint ventures with Pakistan in the handicrafts sector. Leader of the Chinese delegation Mr. Chen Xiong acknowledged that China was one of the leading producers of hand made products with an around 30% share in the world trade but with the technological advancements the handmade sector was transformed to machines, she said that Chinese people crave for real handmade products in which Pakistan has vast potential.

Mr. Ali Raza Regional Director of the small industries corporation, in his address, highlighted that the Handicrafts of Pakistan, through the ages have fascinated the world by its creativity, aesthetics and exquisite craftsmanship. He said that, nearly 65 per cent of women earned their livelihood from handicraft work, but the rising cost of inputs, difficult access to credit and poor marketing network have brought the industry to its present dismal state.

The range of handicraft products include Ajrak, ceramics, articles made of date leaves, farassi rugs, jandi, khes, musical instruments, caps, straw products, bangles, crucia work, embroideries, kashi, rilli, Thari carpets and woodcarving, he added.

For more information, contact:
Wardah Ali Gohar
Media Manager
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI)
Mega Tower, 309 – 6th Floor,
Main Boulevard, Gulberg II,
Lahore, Punjab – Pakistan
Tel: +92-42-35777460-02, +92-42-37032203, +92-42-35874353
Fax: +92-42-35777524
Cell: +92-324-4925611
Email: info@pcjcci.org
Website: www.pcjcci.org

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