KAROT: The Karot hydropower project, a pilot project under the China-Pakistan Economic Corridor (CPEC), successfully closed the gates of the diversion tunnels on Saturday, starting reservoir impoundment. Invested by the China Three Gorges Corporation (CTG) with a total of about $1.74 billion, the Karot hydropower project in Pakistan’s eastern Punjab province is the fourth level … Read more
BEIJING: China is ready to work with all the parties to advance high quality development of China-Pakistan Economic Corridor (CPEC) and its synergy with other projects in the region aimed at contributing to the economic recovery and development of the region, an official said. “China stands ready for work with all parties to advance high … Read more
BEIJING: Pakistan’s exports to China have increased more than 76 per cent on a year-on-year basis in the first three quarters (nine months), despite the pandemic, a diplomat said. “We believe that by the end of this year, our exports to China will cross $3 billion and that will be one of our highest-ever exports … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) officials have expressed concern over the negligible progress and slow pace of development on the China-Pakistan Economic Corridor (CPEC), a statement said. The FPCCI stressed the need for expediting the completion of projects associated with the multi-billion-dollar CPEC. The FPCCI’s presidential candidate for 2021/22 … Read more
BEIJING: President Xi Jinping has said that China will continue to support Pakistan in its fight against Covid-19, jointly build the China-Pakistan Economic Corridor (CPEC) with high quality and strengthen cooperation and continue to deliver benefits to the people and promoting growth and improving people’s wellbeing, a Chinese Foreign Ministry spokesperson said. In his telephonic … Read more
KARACHI: Experts participating in a one-day summit on the China-Pakistan Economic Corridor (CPEC) have reiterated the role the megaproject can play in furthering regional connectivity, peace and progress, says a press release. These ideas were expressed in a day-long summit hosted by the China Study Centre (CSC) at the Institute of Business Administration (IBA) Karachi titled … Read more
BEIJING: The cooperation in digital infrastructure and IT under the China-Pakistan Economic Corridor (CPEC) will soon make some significant progress under the IT industry joint working group (JWG) established at the 10th CPEC Joint Cooperation Committee (JCC) meeting, said Du Zhenli, deputy director general of the China International Engineering Consulting Corporation. With rich labour resources, … Read more
Minister for Planning and Development Asad Umar categorically said on Wednesday that the projects under the China-Pakistan Economic Corridor (CPEC) are transparent and carry no hidden debt. Reacting to a recent report of an American think tank on CPEC at a news conference in Islamabad, he said details about the corridor project had been shared … Read more
BEIJING: As the world faces the combined impacts of changes unseen in a century and the Covid-19 pandemic, the Belt and Road Initiative (BRI) has demonstrated strong vitality and creativity and will continue to provide impetus for the global economic recovery and contribute to the global sustainable development, observers said. Xie Fuzhan, president of the … Read more
BEIJING: After cooperation to deal with the pandemic, Pakistan and China should also accelerate the building of the China-Pakistan Economic Corridor (CPEC), a flagship project of the Belt and Road Initiative. The 10th Joint Coordination Committee (JCC) meeting of the CPEC has been held, and a new IT working group has been established, which will … Read more
BEIJING: The growing number of Pakistani youth studying at Donghua University, Shanghai will contribute to the construction of the China-Pakistan Economic Corridor (CPEC) and Belt and Road Initiative and in the future “it will also provide more professionals to Pakistan,” International Cultural Exchange School at Donghua University dean Prof Yao Weixin said on Saturday. On … Read more
ISLAMABAD: The completion ceremony of a vocational training institute under the China-Pakistan Economic Corridor (CPEC was held on Friday in Gwadar. As an important project for public well-being, the Gwadar Technical and Vocational Institute was constructed by the China Harbor Engineering Company, with an aim to meet the urgent need of the locals in Gwadar … Read more
ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Asad Umar presided over a review meeting of the newly-constituted joint working groups on science and information technology cooperation at the 10th Joint Coordination Committee. In the meeting, the four projects, including establishment of the China-Pakistan Joint Research Center on earth science; acquisition of oceanographic research … Read more
ISLAMABAD: Prime Minister Imran Khan on Thursday said the operationalisation of the country’s first-ever transmission line of 660kV high-voltage direct current (HVDC) would reduce the line losses to 4 per cent from 17 per cent, resulting in the availability of cheap electricity to the consumers. Addressing the inauguration of 886km-long Matiari-Lahore HVDC with a capacity … Read more
ISLAMABAD. Prime Minister Imran Khan on Thursday vowed to accelerate the pace of work on projects being executed under the umbrella of the China-Pakistan Economic Corridor (CPEC) project. He expressed these views while addressing a ceremony in connection with the inauguration of Matiari to Lahore 600-KV transmission line completed under the CPEC in Islamabad. “The … Read more
ISLAMABAD: Pakistan said it is in talks with the Taliban-led Afghanistan to join the multibillion-dollar China-Pakistan Economic Corridor (CPEC) project to develop Afghanistan’s economy. “Regional connectivity is an important element of our discussion with Afghan leadership and our way forward for our economic interaction with Afghanistan,” Mansoor Ahmad Khan, Pakistan’s envoy to Kabul, told in … Read more
ISLAMABAD: Pakistan and China have agreed to include the Karachi Coastal Comprehensive Development Zone (KCCDZ) under the China-Pakistan Economic Corridor (CPEC) framework, a statement received here said. The decision was taken during the 10th Joint Cooperation Committee (JCC) on CPEC, held on September 23, 2021. KCCDZ, an initiative of the Ministry of Maritime Affairs focuses … Read more
ISLAMABAD: Prime Minister Imran Khan has lauded the efforts of the Ministry of Maritime Affairs and termed inclusion of Karachi Comprehensive Coastal Development Zone in the China-Pakistan Economic Corridor (CPEC) a ‘game changer’. He expressed the hope that it would help clean up the marine habitat for fishermen, develop low-income housing units and create investment … Read more
ISLAMABAD: Prime Minister Imran Khan termed the inclusion of the Karachi Comprehensive Coastal Development Zone in the China-Pakistan Economic Corridor (CPEC) as a ‘game changer’. He also lauded the efforts of the Ministry of Maritime Affairs during an address on Sunday in the capital. The premier remained hopeful the inclusion of the Karachi coastal uplift … Read more
Federal Minister for Maritime Affairs Syed Ali Haider Zaidi said Pakistan and China had agreed to include Karachi Coastal Comprehensive Development Zone (KCCDZ) in the China-Pakistan Economic Corridor (CPEC) hoping that it would prove to be a game-changer for Pakistan. He said KCCDZ was an initiative of the Ministry of Maritime Affairs focused on providing … Read more
LAHORE: Terming China-Pakistan Economic Corridor (CPEC) a game changer, Rafi Group chairman Imtiaz Rafi Butt has said that Gwadar would play a key role in the economic progress of the country. “Gwadar is Dubai of the future. It will be the economic hub that will play a key role in the economic progress of Pakistan,” … Read more
ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry said on Wednesday that connecting the China-Pakistan Economic Corridor (CPEC) with the Central Asian Republics (CARs) and the European Union was part of Prime Minister Imran Khan’s global vision on the economic narrative. Speaking at a business conference, he said, inclusive dispensation in Afghanistan was vital to … Read more
BEIJING: Pakistan’s exports to China are expected to double in the next two to three years as a result of the second phase of the China-Pakistan Free Trade Agreement and other measures taken by the two governments to enhance bilateral trade, Pakistan’s Ambassador to China Moin ul Haque said. “During the first six months, Pakistan’s … Read more
BEIJING: “There is enormous potential for China and Pakistan to cooperate in energy, animal husbandry, cold water fish, agricultural machinery and comprehensive agricultural projects on a village or region scale will prolong industry chain and bring more benefits to Pakistani people,” said Long Ruijun, Professor at School of Life Sciences, Lanzhou University. Currently, Long Ruijun’s … Read more
DUSHANBE: Pakistan, in line with the vision of Prime Minister Imran Khan, wanted to expand the China-Pakistan Economic Corridor (CPEC) to Central Asian States (CAS), even before the issue of Afghanistan, a senior government official said. Talking to newsmen in Dushanbe, Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain expressed the hope that the … Read more
Special Assistant to Prime Minister CPEC Khalid Mansoor has admitted that Chinese companies are not satisfied with the government departments and the pace of their work on CPEC. In a meeting of the Senate Standing Committee on Planning, Chairman Saleem Mandviwala said that the Chinese ambassador had told him that nothing had happened to CPEC … Read more
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) president Mian Tariq Misbah has welcomed the execution of renewable energy projects under the China-Pakistan Economic Corridor (CPEC) and said that the hydel power projects were necessary to cope with the future energy and water challenges. “The CPEC has brought renewable energy projects and improvement of the … Read more
BEIJING: As China-Pakistan Economic Corridor (CPEC) has entered the second phase, the new energy cooperation between Pakistan, Asean countries and China will still play an important role under the frame, said Badar uz Zaman, commercial counsellor of the Embassy of Pakistan in China. At the 70th Anniversary of the Establishment of Diplomatic Relations between China … Read more
