ISLAMABAD  –  Pakistan needs to strengthen its institutional capacity in line with China’s changing priorities to secure greater economic benefits from bilateral cooperation. This recommendation was made in a policy paper, “Understanding China: China’s Economy and Industrial Policy,” launched by the China Desk of EMPAK Strategies. The report was launched with Federal Minister for the Board of Investment Qaiser Ahmed Sheikh as the chief guest. The report said China’s 15th Five-Year Plan for 2026-2030 focuses on industrial and technological development, productive capacity and innovation, while the first decade of Pakistan-China economic cooperation revolved around infrastructure and financing. China has moved…