Chinese, Pakistani Firms Strengthen Medical Equipment Collaboration
— January 18, 2025
BEIJING (AIA) Pakistan and China are deepening ties in the medical and surgical equipment sector, aiming for sustainable growth through joint ventures and industrial relocation, Pakistan’s ambassador to China, Khalil Hashmi, said at a business forum in Beijing.
Speaking at the Pakistan-China B2B Matchmaking Meeting on Medical and Surgical Equipment, organised by Pakistan’s Embassy in collaboration with Chinese organisations including the China Chamber of Commerce for Import & Export of Medicines & Health Products, Ambassador Hashmi highlighted the partnership as a model of mutual trust and progress.
“Pakistan takes great pride in its unique surgical and medical equipment industry, globally recognised for craftsmanship, precision, and high-quality standards,” Hashmi said. He noted that the sector, valued at over $600 million, is projected to grow by more than 8% in the next five years, supported by a robust supply chain and abundant resources.
Hashmi emphasised Sialkot’s prominence as a global hub for surgical instrument manufacturing, ranking among the top five worldwide. Pakistan boasts 3,900 operational units producing over 25,000 instruments, with exports reaching $450 million in 2023, primarily to the U.S., Germany, and China.
Plans for a dedicated industry park to enhance innovation, skill development, and technological advancements were also outlined.
Zhou Hui, President of the China Chamber of Commerce for Import & Export of Medicines & Health Products, described the collaboration as an opportunity to position Pakistan as a global medical manufacturing hub. He urged Chinese enterprises to capitalise on the potential for mutual growth and sustainable development.