A visiting delegation of Chinese Shetang Zhong Industry Co Ltd and China Liu Enterprises Pharmaceutical Group, led by Yang Yu and Liu Kong, called on Islamabad Chamber of Commerce & Industry President Ijaz Abbassi here on Wednesday.

During the meeting, Yang Yu praised the far-reaching economic reforms introduced by the government of Pakistan, which have resulted in excellent investment opportunities in the country. Abbassi expressed great concern over the prices of medicines in the country, which are higher than other regional countries and multinational companies have a monopoly over the sale of medicines and are earning billions of rupees as profit. He recalled the existing excellent ties between both the sides in various fields and welcomed investment by the pharmaceutical industry.

He also appreciated the achievements made by China in developing herbal medicines and hoped that Chinese businessmen would also invest in this field and would be transferring their expertise to Pakistan.