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The Finance Division of Pakistan has authorized the Power Division to withdraw Rs4 billion from the Pakistan Energy Revolving Account (PERA) for the sole purpose of making payments to Independent Power Producers (IPPs) under the China-Pakistan Economic Corridor (CPEC) for January 2024. This decision follows an Office Memorandum submitted by…

The China-built Suki Kinari Hydropower station’s overall construction progress has exceeded 98 percent, He Xiongfei, the chairman and general manager of the project said. The successful start will lay a solid foundation for the project’s operation on schedule under the China-Pakistan Economic Corridor (CPEC). Located in the Mansehra district of the Khyber Pakhtunkhwa province, the 884-megawatt…

BEIJING, Feb 29 (APP): Chinese Foreign Ministry Spokesperson Mao Ning on Thursday said that the international community must act now and focus all efforts on bringing about a ceasefire and protecting civilians in Gaza. She made these remarks during her regular briefing in response to a question about a proposal…

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…

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…

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…

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…

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…

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…