Sheikh Amir Waheed, the chief executive officer of the AW Group of Industries and former president of Islamabad Chamber of Commerce and Industry, said the inclusion of a list of 313 items in the FTA, which include commodities from agriculture, textile goods, leather and other wide range of goods is a positive step taken in the right direction considering Pakistan's current financial hurdles to pay off external debt. It is a testimony to the fact that China wants to make Pakistan's economy sustainable, independent and long standing.

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"This is a humongous opportunity for the Pakistani traders to tap the huge market of China which is now brewing with new openings for the entire world," Waheed told Xinhua, adding that Pakistan can now enhance its exports to China and thus mitigating the existing huge trade deficit between both countries.

Local traders, however, must study the Chinese market demands first and prioritize their exports accordingly. They should offer the best products which are competitive, demand driven with quality assurance while meeting the deadlines of deliveries that will give many benefits to exporters and traders of Pakistan, said the industrialist.