China has advantages in experience, technology, financing, and industrial capacity, while Pakistan enjoys favourable conditions in natural resources, adequate manpower, quality infrastructure, access to international markets, and optimal policies for industrial development. The economic interests of the two countries coincide in a quintessential manner under the Framework Agreement on Industrial Cooperation that will go a long way. Pakistan envisages to provide a favourable business environment that will bring the Chinese Outward Foreign Direct Investment (OFDI) as well as FDI from other third party countries. This will result in the enhancement of industrial competitiveness, technology transfer, import substitution, export-led growth, human capital development, employment generation, and numerous other direct and indirect benefits to the economy.