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Pakistan Ambassador to China, Khalil Hashmi, has invited Chinese companies and entrepreneurs to invest in burgeoning aerospace and UAV sector of Pakistan. Addressing the opening ceremony of 8th Drone World Congress in Chinese city Shenzhen, he briefed the participants on UAV landscape, research and development and investment opportunities in the…

Shehbaz Sharif invites Chinese companies to set up industrial units, electric, hybrid vehicle plants in Pakistan. Safety of Chinese workers govt’s top priority: PM. As Pakistan celebrates first International Day of Markhor, PM calls for protecting species. ISLAMABAD   –   Prime Minister Shehbaz Sharif says the security and safety of Chinese…

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal said on Friday that the country’s power sector can expect another $4 billion investment through the China-Pakistan Economic Corridor (CPEC). Addressing the virtual meeting of the 13th Joint Cooperation Committee (JCC), the minister said the additional investment is in the last stages of finalization. The…

ISLAMABAD: Amid increasing concerns about the escalating circular debt of Chinese IPPs and the security of their personnel, the Joint Cooperation Committee (JCC) under CPEC is all set to consider Pakistan’s request for finalising financing agreement for Mainline (ML-1) construction at cost of $6.7 billion. The revised PC-1 approved by…

ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit China next month, reported ARY News citing sources on Thursday. The prime minister is likely to undertake a China visit from June 4-7, said sources. PM Shehbaz Sharif will hold meetings with the Chinese president and prime minister during his four-day…

The Central Development Working Party (CDWP) approved the revised PC-I for the ML-1 railway project, a key component of the China-Pakistan Economic Corridor (CPEC) worth $6.7 billion, ARY News reported. According to a statement, the CDWP has now forwarded the project to the Executive Committee of the National Economic Council…

Chinese President Xi Jinping on Thursday sent a congratulatory letter to the China-GCC Countries Forum on Industrial and Investment Cooperation held in Xiamen, east China’s Fujian Province. The friendly exchanges between China and the Gulf Cooperation Council (GCC) countries have a long history spanning over a thousand years, Xi noted,…

President Asif Ali Zardari’s statement reiterating Pakistan’s firm adherence to the One-China principle and its opposition to Taiwan’s independence, was highly appreciate, Chinese Foreign Ministry spokesperson Wang Wenbin said on Wednesday. Addressing his regular briefing, the spokesperson said that President Zardari recently reiterated on behalf of Pakistan its firm adherence…

Khyber Pakhtunkhwa Governor Faisal Karim Kundi said on Tuesday the China-Pakistan Economic Corridor (CPEC) would start a new era of development in the country. He expressed these views while addressing a ceremony organized at China Window to mark the 73rd anniversary of the establishment of Pakistan-China diplomatic relations.Diplomats from Iran…

Pakistan abides by the one-China principle as the country always chooses to stand on the right side of history, Pakistani President Asif Ali Zardari said during a recent interview with Chinese media. Tuesday marks the 73rd anniversary of the establishment of diplomatic relations between China and Pakistan. Recalling the rapport…