Chinese keen to introduce dry battery technology
STAFF REPORT LHR: Free flow and transfer of new technology from China to Pakistan can open new vistas of opportunities especially dry battery sector of Pakistan, President of Pak-China Joint Chamber of Commerce and Industry (PCJCCI) Shah Faisal Afridi, said.
He was addressing a 4-member Chinese delegation headed by Tian Wenchang GM Hebei Dongsanxing New Energy Technology Company.
The delegation visited PCJCCI upon invitation of Afridi to review joint venture opportunities in the battery industry that would further supplement other related industries.
Faisal Afridi said that battery sector in Pakistan had great potential. The modern technology from China in this sector would prove to be very helpful to revive on modern lines. He observed that majority of the battery industry at present is a reflection of obsolete technology.
In his remarks, Tian Wenchang said that Chinese entrepreneurs are encouraged to find out tremendous possibilities of investment and joint ventures in Pakistan in the field of Battery sector as well the sub-sectors linked with it.
He said that the battery manufacturing industry in China had grown over the last few years, driven by strong development in various downstream industries, including electronic manufacturing, electric power generation, communications and information.
He cited that the industrys growth had also been fueled by developments in Chinas recreation, entertainment and healthcare sectors, which had been expanded due to a rapid economic growth of the country.