Pakistani and Chinese companies have signed memoranda of understanding worth around 250 million dollars to boost trade in the medical and surgical sector, 

MoUs were signed at the China-Pakistan B2B conference in the medical equipment and surgical instrument sector in Beijing today.

This collaboration aims to steer more Chinese companies to engage in trade and set up joint ventures in Pakistan in the medical instrument sector.

Talking to China Economic Net, Chief Technology Officer, Sunny Yang said Pakistan's vast market, tax incentives, and set of standards consistent with Europe give it a competitive edge in capturing international investment.

On the occasion, Pakistan’s ambassador to China Khalil Hashmi highlighted the growing potential of the medical industry in Pakistan, saying it was valued at over 600 million dollars .

He announced the holding of fourth 3-day Health, Engineering, and Minerals Show in Lahore on the seventeenth of April.