Recently, however, economic growth in China has started to decelerate while at the same time the composition of domestic expenditure has begun to shift from commodity-intensive investment to less commodity-intensive consumption. This structural shift has acted as a drag on commodity prices.
I would like to express my gratitude to all the distinguished guests: the Chief Guest, Honorable Finance Minister Senator Ishaq Dar, representatives from the diplomatic community, development partners and agencies, government officials, agriculture chambers, representative of all Banks, non-governmental organizations and agriculture sector stakeholders for joining us today.