Chinese company outlines plans for business expansion

Business Recorder reported that Finance Minister Muhammad Aurangzeb met Transsion Holdings founder and chairman George Zhu and a company delegation to discuss the group’s operations and expansion plans in Pakistan. Transsion outlined further investment across its smartphone, electric bike and energy storage businesses. The minister welcomed the company’s interest and its contribution to Pakistan’s manufacturing sector.

The talks covered deeper local sourcing, component production and supporting industries, with both sides discussing how Pakistan’s manufacturing capacity could serve export markets. Transsion said the country’s consumer base, location and business environment supported its long-term plans, while the minister pointed to macroeconomic stability, reforms and export-led growth as foundations for investment. The delegation also included representatives of Transsion’s Tecno business.