Iftikhar Malik calls for adopting China’s economic model to digitize Pakistan’s industrial sector

Former SAARC Chamber of Commerce and Industry president Iftikhar Ali Malik has called for adopting China’s economic model to transform Pakistan’s industrial sector into a digitalized economy. He emphasized the need for bold reforms, strategic partnerships, and Special Economic Zones with cutting-edge technology to modernize Pakistan’s outdated industrial framework. By replicating China’s digital transformation initiatives and fostering a culture of entrepreneurship and skill development, Malik believes Pakistan could harness its industrial potential and compete globally. A unified approach under the China-Pakistan Economic Corridor (CPEC) framework, with China as a key partner, could be a game-changer for sustainable economic growth and global competitiveness.