Zhang Yingxin, deputy director of Investment Promotion Agency, and SaleemH.Mandviwalla, chairman of Board of Investment (BOI) signed a Memorandum of Cooperation on Investment Promotion between the Investment Promotion Agency of the Ministry of Commerce of PRC and BOI in Zhejiang Xizi Hotel. Zhao Hongzhu, secretary of Zhejiang provincial Party committee, Luo Zhaohui, Chinese ambassador to Pakistan, and Pakistan President Asif Ali Zardari jointly attended and witnessed the signing ceremony. The signing of MOU will lay a good foundation of bilateral further cooperation.