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Trade

Pakistani seafood export to China brisk amid robust demand

May 30, 2019


Abstract : The staff of a fishing company at Gwadar have been busy packing frozen seafood inventories and readying them for export to Chinese cities.

URUMQI, May 29 (Xinhua) -- The staff of a fishing company at Gwadar have been busy packing frozen seafood inventories and readying them for export to Chinese cities.

Yu-Fei Marine Technology of China (Gwadar) Co., Ltd is one of the largest fishing companies in the Gwadar port of Pakistan.

"Since the company was established in 2017, we have been exporting an increasing number of seafood back to China," said Chen Baoliang, chairman of the board of Xinjiang Yu-Fei International Fishing Co., Ltd, the parent company.

In the last two years, Yu-Fei imported 1,000 tonnes of seafood and sold them to cities in Chinese mainland. Now it takes 34 hours for lobsters and groupers from Pakistan to arrive in Xinjiang through air transport, instead of 25 days.

"When I visited Gwadar in 2016, I found that it had high-quality seafood but lacked proper facilities to process them," Chen said.

He invested 500 million yuan (about 73 million U.S. dollars) to build fishing, processing, refrigerated warehouses and established one of the largest seafood processing centers in Gwadar.

Yu-Fei is among a growing list of companies that bank on robust domestic demand in China to import seafood from Gwadar and sell to customers in Urumqi and Karamay, both in Xinjiang, and other cities including Beijing, Shanghai, and Shenzhen.

"As commercial relations expand, we will be able to create hundreds of more jobs for local Pakistanis and raise the income for local fishers," Chen said.

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