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Pakistan and China forge ahead with third-party participation framework for CPEC expansion
Pakistan and China are all set to finalise the modalities for third party participation in China-Pakistan Economic Corridor (CPEC), aimed at inviting other potential investors in its second phase. The CPEC regional scope would be expanded by improving connectivity of neighbouring countries and regions with Pakistan’s sea ports as both…
Read More »Chinese agricultural machinery revolutionizing farming practices in Pakistan
Chinese agri-machines are easing the lives of farmers in Pakistan due to their low electricity consumption and safety measures. Sarfraz Ahmed, a farmer who recently visited a distribution centre selling Chinese products, told WealthPK that growers had to adopt modern technologies to enhance their yields. He said innovations were playing…
Read More »Balochistan CM Bugti reiterates CPEC’s role in regional development
Balochistan Chief Minister Mir Sarfraz Ahmed Bugti in a meeting on Thursday reviewed law and order situation in Gwadar and the progress of Gwadar Safe City project. The Chief Executive of the province presided over the meeting while Member Balochistan Assembly Maulana Hidayatur Rehman, Chief Secretary Balochistan Shakeel Qadir Khan,…
Read More »Pakistan eyes enhanced financial market cooperation with China: Finance Minister holds talks with CFFEX chief
The Finance Minister, Muhammad Aurangzeb on Thursday held a meeting with You Hang, the Chief Representative of China Financial Futures Exchange (CFFEX) in Pakistan, and Director of the Pakistan Stock Exchange (PSX). The meeting focused on enhancing cooperation and exploring new opportunities for strengthening Pakistan’s financial markets and investment landscape.…
Read More »Suki Kinari hydropower project accelerates amidst security concerns: Completion expected by November
Work on the Suki Kinari hydropower project is in full swing and will be completed in November this year, said an official on Thursday. “After Tuesday’s suicide attack on Chinese engineers in Shangla, our workers, including foreigners, continued to perform their duties,” assistant director of the project Syed Abdul Rehman…
Read More »Pakistan plans high-powered delegation visit to China in may to boost CPEC implementation
Federal Minister for Planning Ahsan Iqbal said on Wednesday that a high-powered Pakistan delegation was expected to visit China probably in the first week of May 2024 for promotion of ties and accelerate implementation of second phase of China Pakistan Economic Corridor (CPEC). In a brief chat with journalists after…
Read More »Punjab Chief Minister acknowledges China’s construction projects, welcomes further cooperation
Punjab Chief Minister Maryam Nawaz Sharif said on Tuesday that Pakistan and China have maintained closest and strongest friendship, but there is still a lot of room for improvement in economic ties. In a meeting with China State Construction Engineering Corporation’s (CSCEC) Chairman Mr. Wang Yaobong here, she added, there…
Read More »PM Shehbaz unveils plans for second phase of CPEC, focus on ML-I Project and SEZs
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday revealed that an agreement on the second phase of CPEC would soon be signed with China under which the ML-I rail project would be started and economic zones established across the country to boost economic activities. The premier made the announcement while addressing…
Read More »Chinese PLA guard of honour marches in Pakistan Day parade, strengthening bilateral ties
The guard of honour of the Chinese People’s Liberation Army (PLA) participation in the Pakistan Day military parade in Islamabad fully demonstrated the unique bonds between the two countries and contributed to a colourful chapter of the military-to-military relationship, a Chinese foreign ministry spokesperson said on Monday. At the invitation…
Read More »Closing ceremony of China-Pakistan Gandhara Art Exhibition held in Shenzhen
The closing ceremony of the exhibition titled “Gandhara Heritage along the Silk Road: A Joint China-Pakistan Exhibition” took place at the Shenzhen Museum today, attended by senior Chinese officials including Mr. Wang Xudong, Director of the Palace Museum; Mr. Zeng Xianglai, Director of Culture, Radio, Television, Tourism, and Sports Bureau…
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