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NBP Beijing Chief Highlights Key Financial Steps to Boost CPEC Projects

Beijing, July 17, 2025 – Sheikh Muhammad Shariq, the Chief Representative of the National Bank of Pakistan (NBP) Beijing Office, has highlighted the urgent need for stronger financial cooperation between Pakistan and China under the China-Pakistan Economic Corridor (CPEC).

Speaking during an exclusive interview at the 3rd China International Supply Chain Expo (CISCE), he stressed that the future of CPEC depends heavily on robust cross-border financing systems. He pointed out the need for:

  • RMB-PKR settlement frameworks

  • Syndicated lending structures

  • Project-specific risk tools such as guarantees and insurance

NBP’s Role in Supporting Chinese Investment in Pakistan

The NBP Beijing Office was set up in 1981 and has played a major role in offering localized financial services to Chinese companies investing in Pakistan. These services have been especially crucial in sectors like:

  • Infrastructure

  • Energy

  • Telecom

Mr. Shariq noted that Gwadar Port has been a key focus area. “We’ve supported banking arrangements for port operations, free zone development, and logistics projects,” he said, ensuring smooth financial coordination for Chinese companies working on the ground.

Tackling Regulatory and Banking Challenges

Chinese companies doing business in Pakistan often face:

  • Regulatory and legal hurdles

  • Difficult banking procedures

  • Complicated tax structures

  • Operational risks

  • Delays in fund repatriation

To address these problems, Mr. Shariq emphasized the importance of localized banking support and advisory services. He explained that the NBP Beijing Office helps companies by:

  • Offering real-time guidance

  • Ensuring smooth transactions

  • Helping with compliance and legal matters

Boosting Cross-Border E-Commerce

NBP is also focused on growing digital trade between China and Pakistan. “We’re actively supporting cross-border e-commerce through payment solutions, trade finance, and regulatory cooperation,” Mr. Shariq stated.

Some key efforts include:

  • Partnering with UnionPay International to improve digital payment systems

  • Helping Chinese businesses use digital wallets and online escrow services

  • Building financial infrastructure that supports major platforms

He believes that RMB settlement, digital wallet integration, and online trade tools will play a major role in the future of cross-border commerce.

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Looking Ahead

The Chief Representative concluded by saying that strong financial coordination, risk mitigation, and digital banking solutions will be essential for deepening Pakistan-China economic ties. He called on both governments and banks to work together to build modern and secure financing frameworks for CPEC’s long-term success.

NBP Beijing Chief Highlights Key Financial Steps to Boost CPEC Projects

Beijing, July 17, 2025 – Sheikh Muhammad Shariq, the Chief Representative of the National Bank of Pakistan (NBP) Beijing Office, has highlighted the urgent need for stronger financial cooperation between Pakistan and China under the China-Pakistan Economic Corridor (CPEC).

Speaking during an exclusive interview at the 3rd China International Supply Chain Expo (CISCE), he stressed that the future of CPEC depends heavily on robust cross-border financing systems. He pointed out the need for:

  • RMB-PKR settlement frameworks

  • Syndicated lending structures

  • Project-specific risk tools such as guarantees and insurance

NBP’s Role in Supporting Chinese Investment in Pakistan

The NBP Beijing Office was set up in 1981 and has played a major role in offering localized financial services to Chinese companies investing in Pakistan. These services have been especially crucial in sectors like:

  • Infrastructure

  • Energy

  • Telecom

Mr. Shariq noted that Gwadar Port has been a key focus area. “We’ve supported banking arrangements for port operations, free zone development, and logistics projects,” he said, ensuring smooth financial coordination for Chinese companies working on the ground.

Tackling Regulatory and Banking Challenges

Chinese companies doing business in Pakistan often face:

  • Regulatory and legal hurdles

  • Difficult banking procedures

  • Complicated tax structures

  • Operational risks

  • Delays in fund repatriation

To address these problems, Mr. Shariq emphasized the importance of localized banking support and advisory services. He explained that the NBP Beijing Office helps companies by:

  • Offering real-time guidance

  • Ensuring smooth transactions

  • Helping with compliance and legal matters

Boosting Cross-Border E-Commerce

NBP is also focused on growing digital trade between China and Pakistan. “We’re actively supporting cross-border e-commerce through payment solutions, trade finance, and regulatory cooperation,” Mr. Shariq stated.

Some key efforts include:

  • Partnering with UnionPay International to improve digital payment systems

  • Helping Chinese businesses use digital wallets and online escrow services

  • Building financial infrastructure that supports major platforms

He believes that RMB settlement, digital wallet integration, and online trade tools will play a major role in the future of cross-border commerce.

Looking Ahead

The Chief Representative concluded by saying that strong financial coordination, risk mitigation, and digital banking solutions will be essential for deepening Pakistan-China economic ties. He called on both governments and banks to work together to build modern and secure financing frameworks for CPEC’s long-term success.

NBP Beijing Chief Highlights Key Financial Steps to Boost CPEC Projects

Beijing, July 17, 2025 – Sheikh Muhammad Shariq, the Chief Representative of the National Bank of Pakistan (NBP) Beijing Office, has highlighted the urgent need for stronger financial cooperation between Pakistan and China under the China-Pakistan Economic Corridor (CPEC).

Speaking during an exclusive interview at the 3rd China International Supply Chain Expo (CISCE), he stressed that the future of CPEC depends heavily on robust cross-border financing systems. He pointed out the need for:

  • RMB-PKR settlement frameworks

  • Syndicated lending structures

  • Project-specific risk tools such as guarantees and insurance

NBP’s Role in Supporting Chinese Investment in Pakistan

The NBP Beijing Office was set up in 1981 and has played a major role in offering localized financial services to Chinese companies investing in Pakistan. These services have been especially crucial in sectors like:

  • Infrastructure

  • Energy

  • Telecom

Mr. Shariq noted that Gwadar Port has been a key focus area. “We’ve supported banking arrangements for port operations, free zone development, and logistics projects,” he said, ensuring smooth financial coordination for Chinese companies working on the ground.

Tackling Regulatory and Banking Challenges

Chinese companies doing business in Pakistan often face:

  • Regulatory and legal hurdles

  • Difficult banking procedures

  • Complicated tax structures

  • Operational risks

  • Delays in fund repatriation

To address these problems, Mr. Shariq emphasized the importance of localized banking support and advisory services. He explained that the NBP Beijing Office helps companies by:

  • Offering real-time guidance

  • Ensuring smooth transactions

  • Helping with compliance and legal matters

Boosting Cross-Border E-Commerce

NBP is also focused on growing digital trade between China and Pakistan. “We’re actively supporting cross-border e-commerce through payment solutions, trade finance, and regulatory cooperation,” Mr. Shariq stated.

Some key efforts include:

  • Partnering with UnionPay International to improve digital payment systems

  • Helping Chinese businesses use digital wallets and online escrow services

  • Building financial infrastructure that supports major platforms

He believes that RMB settlement, digital wallet integration, and online trade tools will play a major role in the future of cross-border commerce.

Looking Ahead

The Chief Representative concluded by saying that strong financial coordination, risk mitigation, and digital banking solutions will be essential for deepening Pakistan-China economic ties. He called on both governments and banks to work together to build modern and secure financing frameworks for CPEC’s long-term success.

NBP Beijing Chief Highlights Key Financial Steps to Boost CPEC Projects

Beijing, July 17, 2025 – Sheikh Muhammad Shariq, the Chief Representative of the National Bank of Pakistan (NBP) Beijing Office, has highlighted the urgent need for stronger financial cooperation between Pakistan and China under the China-Pakistan Economic Corridor (CPEC).

Speaking during an exclusive interview at the 3rd China International Supply Chain Expo (CISCE), he stressed that the future of CPEC depends heavily on robust cross-border financing systems. He pointed out the need for:

  • RMB-PKR settlement frameworks

  • Syndicated lending structures

  • Project-specific risk tools such as guarantees and insurance

NBP’s Role in Supporting Chinese Investment in Pakistan

The NBP Beijing Office was set up in 1981 and has played a major role in offering localized financial services to Chinese companies investing in Pakistan. These services have been especially crucial in sectors like:

  • Infrastructure

  • Energy

  • Telecom

Mr. Shariq noted that Gwadar Port has been a key focus area. “We’ve supported banking arrangements for port operations, free zone development, and logistics projects,” he said, ensuring smooth financial coordination for Chinese companies working on the ground.

Tackling Regulatory and Banking Challenges

Chinese companies doing business in Pakistan often face:

  • Regulatory and legal hurdles

  • Difficult banking procedures

  • Complicated tax structures

  • Operational risks

  • Delays in fund repatriation

To address these problems, Mr. Shariq emphasized the importance of localized banking support and advisory services. He explained that the NBP Beijing Office helps companies by:

  • Offering real-time guidance

  • Ensuring smooth transactions

  • Helping with compliance and legal matters

Boosting Cross-Border E-Commerce

NBP is also focused on growing digital trade between China and Pakistan. “We’re actively supporting cross-border e-commerce through payment solutions, trade finance, and regulatory cooperation,” Mr. Shariq stated.

Some key efforts include:

  • Partnering with UnionPay International to improve digital payment systems

  • Helping Chinese businesses use digital wallets and online escrow services

  • Building financial infrastructure that supports major platforms

He believes that RMB settlement, digital wallet integration, and online trade tools will play a major role in the future of cross-border commerce.

Looking Ahead

The Chief Representative concluded by saying that strong financial coordination, risk mitigation, and digital banking solutions will be essential for deepening Pakistan-China economic ties. He called on both governments and banks to work together to build modern and secure financing frameworks for CPEC’s long-term success.

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