China and Pakistan to establish technology transfer center at NUST
Chinese International Technology Transfer Center (CITTC) is joining hands with National University of Science and Technology (NUST) to establish its a technology transfer center for Pakistan.
The China Pakistan Technology Transfer Center (CPTTC) will be established in NUST according to the MOU signed by NUST and CITTC officials in Beijing. CITTC was established by the Chinese Ministry of Science to facilitate and assist in the transfer of technology between China and the rest of the world. It offers matchmaking events, training, seminars, conferences, incubation for start-ups, concrete project collaboration and much more to different tech companies looking to enter the Chinese market. It also provides a B2B online system which can connect potential partners with thousands of Chinese companies who have logged requests in the system, facilitating people from all around the world to find Chinese licensee, buyer, investor, distributor or joint research partner.
CPTTC will work as a local branch of CITTC to increase cooperation between China and Pakistan in the information technology sector. This will allow tech companies of both countries to improve their trade relations with each other while also gaining access to the market of their neighboring country.