Introduction:

PCBF2015 is aimed to provide an exclusive platform for interaction between

leading Chinese and Pakistani entrepreneurs, businessmen and commercial
communities to explore possibilities of attracting foreign direct investment
from China and vice versa. It aims at providing business opportunities for
Pakistani entrepreneurs in vast Chinese market, Includes areas e.g B2B,
seminars and workshops. It also provides opportunities for commercialization
of products and processes, developed at CIIT and other research and
development organizations and universities, participating in forum.
Prof. Sohail Naqvi, the Executive Director of the Higher Education
Commission also visited the Pak-China Business Forum 2012. After his
visit he wrote the following email to all Vice-Chancellors and Rectors of
Pakistani Universities:
Have just come back after visiting the Pak-China Business
Forum at the Pak-China Friendship Center. Excellent
exhibition. If you are in Islamabad, or even if you have to
come here, do go and visit it. This is how Universities Build
Economies. Congratulation COMSATS

This year PCBF2015 is expected to yield much bigger and better business
deals and MoUs. The forum is scheduled to be held from 27th to 30th March
2015. The Venue for Pak-China business Forum 2014 is Pak-China Friendship
Center, Islamabad.

Partners:
Following are the event partners:
1. Commission on Science & Technology for Sustainable Development in
South (COMSATS)
2. Higher Education Commission, Pakistan (HEC)
3. Ministry of Science and Technology (MOST)
4. National Testing Service (NTS)

5. Capital Development Authority (CDA)

History:
Why it is started?
Pak China Business forum (PCBF) was Started to link up and to
promote/encourage Universities Industry Collaboration in various sectors of
business and economic development between Pakistan and China. PCBF is
providing the platform to China and Pakistan entrepreneurs, businessmen
and other communities to interact between them, explore the various
possibilities of direct investment from China and also provide opportunities to
Pakistani to work in fast growing Chinese market.

When it is started?
Pak China Business forum (PCBF) is organized by COMSATS institute of
information technology from the last 3 years. First Pak China Business
forum started on 15 18, April 2012 and held at Pak China Friendship
Center, Islamabad.

Past Significances
Pro-Rector CIIT, Dr. Haroon Rashid and Dean Faculty of Business
Administration, Dr. Qaisar Abbas, visited China from November 18 to
November 29, 2013. This visit proved to be a good success and fruitful
meetings were held at Beijing, Chengdu and Pakistan Study Center in China
to explore new avenues of academic and industrial linkage between two
countries.

Past Years Events & Dates

PAK China Business Forum 2012:

Organized from 15-18 April 2012 at Pak-China Friendship Center,

Islamabad, Pakistan
Organized by COMSATS Institute of Information Technology, Islamabad,
Pakistan
14 Chinese Companies participated
Inaugurated by Pakistans Federal minister for Science & Technology Mir
Changez Khan Jamali
Visited by 21 ministers of COMSTECH member countries
45000 Local Visitors
500 international Visitors
25 MoUs signed between various organizations

Participation by public sector, private sector, R&D organization and

universities.

PAK China Business Forum 2013:

Organized from March 23- 26? 2013 at Pak-China Friendship Center,

Islamabad, Pakistan.
Organized by COMSATS Institute of Information Technology, Islamabad,
Pakistan in collaboration with Islamabad Chamber of Commerce and
Industry, Pakistan.
32 Chinese and 88 Pakistani Companies participated.
Inaugurated by Special Secretary, Ministry of Foreign Affairs- Noor
Muhammad Jamdani.
80,000+ local visitors and many foreign delegates.
14 MoUs signed between various organizations.

PAK China Business Forum 2014:

Participated by 130 Chinese companies represented by 200 Chinese

delegates and 85 Pakistani companies.
The success of the Forum has been marked by enthusiastic participation
of an estimated 95,000 visitors, which included many foreigners as well.
During the forum 70 agreements were signed among different Pakistani
and Chinese companies
Among these agreements, 14 were signed in marble sector, three in ICT,
two in biomedical, three in rice and food sector, 18 in the textile industry
and 30 in other general sectors.

Purpose and significance:

COMSATS
Institute of Information Technology, organized
Pak-China
Business Forum from March 27- 30 2015 to explore new avenues of cooperation for
mutual benefit of the two friendly countries. Its objective is to promote collaboration
between universities and the industries. Major Chinese and Pakistani companies,
small and medium enterprises, entrepreneurs, universities and research and
development organizations attend the forum activities.

The objectives set forth for the Pak-China Business Forum are as under:

To provide a platform for interaction between Chinese and Pakistani

entrepreneurs and businessmen.
To explore possibilities of attracting FDI from China.
To provide business opportunities for Pakistani entrepreneurs.

The Forum also provides opportunity for commercialization of products and

processes developed at CIIT and other participating organizations.

Important key milestone B2B MoUs are signed between business

conglomerates from China and COMSATS Institute of Information Technology
for the development of a Commodity Exhibition and Trade Centre at
Islamabad and the facilitation of access to the Pakistani market by the
businesses from China. The MOUs also entail the presence of Chinese
businesses in the Centre to conduct joint R & D with the academia and
businesses in Pakistan for enhancing economic activity in both the countries
through the development of high-tech high-value added products from
various industrial sectors.
Students from a number of colleges of Rawalpindi and Islamabad mark the
occasion. Their interest is mainly the stalls displaying information about
energy technologies, communication technologies and biomedical materials.
Ladies look around the stalls of jewellery, cosmetics and garments
merchandise. Solar driven cars attract youth and innovative minded people.
A large multitude of Chinese also visit and display stalls.

Sectors included in forum

The forum encompasses B2B meetings, project exhibitions, seminars,
workshops and industrial academic expo.It will also help promoting thematic
areas of new energy technologies, information and communication
technologies, water conservation, purification and sanitation and biomedical
materials, in consultation with Chinese counter parts. The forum would
provide an opportunity for commercialization of products and processes of
the participating organizations.
The format of the event included an exhibition of products, processes, and
technological ideas (developed by faculty and students of different
Universities, R&D organizations, and Chinese Companies) and thematic
workshops. The workshop sessions enabled businessmen, entrepreneurs and
the academia to exchange views about current trends and issues. These
workshops were specifically designed to address the most important issues
facing the Pakistani economy and their proposed solutions.

Various sectors including

Food and technology

Information technology, software development and mobile technology
Design and decoration, home accessories, furniture and household
Construction and engineering
Electrical and electronics
Educational institutes, universities, vocational and training schools
Cosmetics, jewelry, ornaments and cultural products

Future Perspective
The forum activities were attended by major Chinese and Pakistani
companies, small and medium enterprises, entrepreneurs, universities,
and research & development organizations. This forum not only provides
the opportunity of commercialization of research based products and
processes of the participating organizations but also promotes and
strengthen relationships between Pakistan and Chinese business sector.
Such types of forums encourage young entrepreneurs to bring their ideas
and help to boost the economy.
Many MoUs were signed between various national and international
organizations. These MoUs are the foundation for further collaborations
and will hopefully break the ice between the industry and academia.
This years event yielded a number of positive results. Together with big
companies and entrepreneurs, small, home-based industries participated and
exhibited their products as well. Many owners of such businesses, who had
no outlets in the local markets, exhibited their crafts at the exhibition. These
forums proved to be a success during which dozens of Chinese and Pakistani
companies exhibited their products.
It brought academia, industry and customers from both countries on one
platform. These stakeholders established contacts with each other which will
help in stimulating two-way relations especially in economic, trade, industry
and energy sectors. The visiting Chinese delegates also gained a first-hand
knowledge of Pakistan in addition to accomplishing a number of successful
agreements with their equivalents. It is hoped that such efforts are
sustained.