China has set its GDP growth target at around 5% for 2024 with a CPI inflation target at around 3 %, according to a government work report submitted to the country’s national legislature for deliberation on March 5.
For Pakistan, an iron-clad friend of China’s and a major partner in the Belt and Road Initiative (BRI), this vision is likely to set the stage for enhanced trade opportunities between the two countries.
As per data from the General Administration of Customs of China, a wide range of Pakistani products including agriculture products, clothing, gems have witnessed a growing presence in the Chinese market in recent years.
