BEIJING: China has reassuring continued support to Pakistan’s economic development. The assurance was given by China’s Minister of Finance Lan Fo’an during his meeting with Finance Minister Senator Muhammad Aurangzeb and Minister for Energy Sardar Awais Ahmad Khan Laghari in Beijing. Finance Minister Muhammad Aurangzeb underscored the special significance of China-Pakistan financial and banking cooperation … Read more
LAHORE: There is a need to enhance trade volume between Pakistan and Iran by making good use of opportunities provided by large domestic markets and unique geo-strategic competitive advantages of both countries, an official said. A trade delegation of Lahore Chamber of Commerce and Industry (LCCI), led by its President Mian Nauman Kabir had a … Read more
ISLAMABAD: President Dr Arif Alvi has said all-weather strategic cooperative partnership between Pakistan and China envisioned a prosperous region with the establishment of economic and trade linkages through the China-Pakistan Economic Corridor (CPEC), Radio Pakistan reported. During an interaction with the Chinese media, the president said Pakistan and China enjoyed excellent relations which were based … Read more
BEIJING: China and Pakistan are both major producers and exporters of textiles and surely there is a degree of competition between them. However, the different stages of industrial development between the two countries also create broad space for closer cooperation, Vice President of China Chamber of Commerce for Import and Export of Textiles (CCCT) Zhang … Read more
BEIJING: Pakistan’s Ambassador to China Moin ul Haque has said that signing a memorandum of understanding (MoU) on onion export from Pakistan to China is an important step in promoting bilateral trade between the two countries. “This is a very welcome development because Pakistan and China are very important trading partners and the MoU will … Read more
ISLAMABAD: Chinese Ambassador to Pakistan Nong Rong and Special Assistant to the Prime Minister on Poverty Alleviation and Social Protection Senator Dr Sania Nishtar explored avenues of collaboration for poverty alleviation. On the cooperation for poverty alleviation in the field of commerce, the Poverty Alleviation and Social Safety Division (PASSD) of the government of Pakistan … Read more
KARACHI: The overall exports of Pakistan surged 17.3 per cent to $2.35 billion in July 2021, compared with the exports of $2 billion in July 2020, a senior government official said. In a tweet, Adviser to the Prime Minister on Trade and Commerce Abdul Razak Dawood said: “These are the highest-ever exports in the month … Read more
China will import 300 tons of chili picked and dried at a pilot chili field in Lahore, Punjab province in August, stated Wu Guang, General Manager of Pakistan Subsidiary, China Machinery Engineering Corporation (CMEC), he further added that it is the first time Pakistani chili will enter the Chinese market since 2020. In July, a … Read more
Chinese President Xi Jinping said that China will always stand with Pakistan to jointly fight against the Covid-19 pandemic and make joint efforts to build a closer China-Pakistan community with a shared future. He said this in a letter written to President Dr. Arif Alvi. Mr. Xi Jinping also wished Alvi for a speedy recovery … Read more
China has launched the second Type 054A/P frigate for Pakistan Navy at Hudong-Zhonghua Shipyard in Shanghai. As per the details, Pakistan Navy Chief Naval Overseer spoke at the launching ceremony. He said that the induction of Type 054A/P warships will significantly enhance Pakistan’s maritime defense and deterrence capabilities. It is pertinent to mention that Pakistan … Read more
China has refuted reports about gradually ending its financial support to Pakistan pledged under China- Pakistan Economic Corridor (CPEC). During press briefing in Beijing, Chinese Foreign Ministry spokesperson Zhao Lijian said such reports are groundless and both countries are resolute in pushing forward the construction of this mega project. The spokesperson said the CPEC International … Read more
China has once again proved to be the iron brother country of Pakistan as it has offered $1.5 billion to repay the $2 billion Saudi Arabia debt. The remaining $1 billion is due in January 2021. According to the details, Pakistan returned $1 billion to Saudi Arabia as the second instalment of a $3 billion … Read more
China has always helped Pakistan in critical times, providing relief to the underprivileged in Gilgit Baltistan is yet another example of strong Pak China ties. As per details, all sectors of China have been continuously supporting Pakistan to control and prevent the novel coronavirus pandemic that has claimed nearly 1500 lives since February 26th, 2020. … Read more
Foreign Minister Shah Mahmood Qureshi has rejected the impression that there would be any stoppage of trade between Pakistan and China in the wake of coronavirus pandemic. Radio Pakistan reported that in an interview to Global Times in Beijing, he said the two great nations have maintained transport and trade links despite outbreak of virus. … Read more
China Appreciates the resolution passed by the Senate of Pakistan and said that it showed once again that both China and Pakistan, as a community of a shared future, could always rely on each other in difficult and odd times. “We note with high appreciation the resolution passed by the Pakistani side. China and Pakistan … Read more
China will provide more opportunities for Pakistani competitive goods to access the Chinese market under the China-Pakistan Free Trade Agreement (CPFTA) Phase-II came into force on December 1. According to APP Report, Dr. Wang Zhihua, Minister Counsellor in the Economic and Commercial Office of the Chinese Embassy in Pakistan said that “CPFTA Phase-II is a … Read more
