Pakistan, China are pushing for pharma, biotech investment ahead of Karachi conference.
BEIJING – The Embassy of Pakistan in China has organized two investment promotion programs in Beijing to stimulate Chinese participation in the upcoming Pakistan-China B2B Investment Conference on Pharmaceuticals, Biotechnology and Healthcare to be held in Karachi on July 17-18, 2026.
The events were organized in cooperation with the China Overseas Development Association and IBI Goulian Gufen, and were attended by a total of about 60 Chinese enterprises from the fields of pharmaceuticals, biotechnology, vaccines, diagnostics, medical devices, digital health and clinical research.
Addressing the participants, Khalil Hashmi, Ambassador of Pakistan to China, said that under CPEC 2.0, economic cooperation between the two countries is moving towards industrial cooperation, technology transfer, and value-added manufacturing, with healthcare and pharmaceuticals emerging as priority sectors.
He said that Pakistan’s pharmaceutical market, currently worth more than $4 billion and growing at a rate of 10-12 percent annually, offers significant opportunities for foreign investors. He further said that there has been a 34% increase in the exports of medicine in the financial year 2025.
The ambassador also highlighted Pakistan’s WHO Maturity Level 3 certification, competitive production costs and investor facilitation initiatives under the Special Investment Facilitation Council as key enablers for investment.
He invited Chinese companies to explore opportunities in APIs, injectables, vaccines, insulin, veterinary vaccines, biologics and biosimilars as well as medical devices, while also pointing to emerging opportunities in biotechnology research, diagnostics, robotics-assisted healthcare, stem cell research and traditional medicine.
The Karachi conference is part of a broader B2B mobilization initiative launched in 2024 that aims to connect businesses of the two countries in 21 priority sectors, officials said. A number of Chinese companies have reportedly expressed interest in attending the upcoming conference and exploring joint ventures with Pakistani firms.
The post Pakistan, China intensify pressure for pharma, biotech investment before Karachi conference appeared first on Daily Pakistan English News.
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