Latest News
Balochistan launches large-scale solar projects under CPEC
The Balochistan government, with the support of Chinese government, has completed the solarization of 12 educational institutions, computer laboratories and hospitals that have been equipped with modern solar power facilities. Pakistan’s total solar installed capacity was 1.24 GW by 2022, representing a 17 percent increase over 2021. The government has…
Read More »Senior CPC official meets with Ambassador Hashmi in Beijing
Minister of the International Department of the Communist Party of China (CPC) Central Committee, Liu Jianchao met with Pakistan Ambassador to China Khalil Hashmi. During the meeting, Liu Jianchao said that under the guidance of the leaders of the two countries, China-Pakistan relations have maintained a high-level development momentum in…
Read More »China rolls over $2b loan facility for Pakistan
ISLAMABAD – China has agreed to roll over a $2 billion debt on the existing terms after initially seeking a hike in price, as Pakistan’s policy to maintain foreign exchange reserves through deposits by three countries is becoming costly due to a 118 per cent surge in interest cost. Pakistan…
Read More »PCJCCI praises induction of KCCDZ project into CPEC
Pakistan and China will strengthen their economic and industrial ties with the inclusion of the Karachi Coastal Comprehensive Development Zone (KCCDZ) project in the China-Pakistan Economic Corridor (CPEC), experts said on Tuesday. The Karachi Coastal Comprehensive Development Zone (KCCDZ) project, covering a total area of about 930 hectares, of which…
Read More »Chinese Consul General advocates enhanced business ties and investments in Punjab
Consul General of China Zhao Shiren has said that the collaboration between the private sectors of Pakistan and China in various sectors of the economy can bring trade to new heights. We prioritise making significant investments in Punjab under the public and private partnership for the long term. China’s influential…
Read More »China charity foundation-funded Chatter Kiass Girls’ School unveiled
In a milestone of Sino-Pak friendship and cooperation, the renovated Government Girls High School Chatter Kiass was officially inaugurated, Gwadar Pro reported on Monday. The renovation project, funded by the Beijing One Heart Sphere Charity Foundation and the China-Pakistan Youth Exchange Community, marks a new chapter in the education of…
Read More »China to ramp up sesame imports from Pakistan, eyes 5,000 tons in 2024
China will increase investment in the Pak-China contract farming sesame project and has the plan to import at least 5,000 tons of sesame from Pakistan this year, Project Manager, Xi Jianlong said. “In 2023, we imported 400 tons of sesame from Pakistan to China, and this year, we plan to import at least 5,000 tons of sesame,” he said in an interview.…
Read More »Ambassador Hashmi highlights multi-pronged approach for next phase of CPEC
A number of China-Pakistan Economic Corridor projects are making renewed progress as the CPEC enters its next phase. According to a report of Global Times, the Karot hydropower project, a 720 megawatt hydropower plant developed on the Jhelum River in Pakistan, has generated a total of 3.1 billion kilowatt hours…
Read More »New Gwadar International Airport completes high-tech telecommunication infrastructure, marking milestone in development
In a significant development, high-tech telecommunication work has completed in connection with the ongoing gradual development of New Gwadar International Airport (NGIA). NGIA’s state-of-art telecommunication paraphernalia involves telecom networks and systems that use various technologies and protocols to facilitate the transmission of voice, data, and audio-video signals between devices, including…
Read More »Pakistan exports to South China increases by 16% in 2023
Pakistan’s exports to South China have witnessed a significant surge of 16% during the year 2023. This remarkable achievement comes as a result of the strengthened trade ties between the two countries and Pakistan’s ongoing efforts to diversify its export market, said Muhammad Irfan, Trade and Investment Counsellor Pakistan’s Consulate…
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