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China inks $2.3bn refinancing agreement with Pakistan
ISLAMABAD: Pakistan on Wednesday signed a RMB 15 billion ($2.3 billion) loan facility agreement with a Chinese consortium of banks which is expected to aid the depleting foreign exchange reserves and depreciation of the local currency. Finance Minister Miftah Ismail announced the development on his Twitter handle, revealing that the…
Read More »NUST hosts ‘China-Pakistan Belt and Road Transportation and Logistics’ conference
Islamabad: First China-Pakistan ‘Belt and Road’ transportation and logistics forum has been launched. “China-Pakistan Economic Corridor (CPEC) provides a unique opportunity for Pakistan to boost its strategic and economic position. It has the potential to transform Pakistan into a regional hub for trade and investment. It can help Pakistan join…
Read More »PM Shehbaz to head CCoE on speedy work of energy projects under CPEC
ISLAMABAD – Prime Minister Shehbaz Sharif will head the Cabinet Committee on Energy (CCoE), with special focus on speedy implementation of ongoing and upcoming energy projects falling under the umbrella of the China Pakistan Economic Corridor (CPEC). “In terms of rule 17(2) of the Rules of Business, 1973, the Prime…
Read More »Chinese Charge de Affairs to Pakistan, Ms. Pang Chunxue, calls on Minister Planning Ahsan Iqbal to discuss matters of mutual interest
PM Shehbaz sympathizes with Chinese people amidst flood-caused evacuations
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif Tuesday expressed sympathies and solidarity with the people of China amidst massive evacuations caused by the floods and landslides, following heavy rains. “Hearing about the massive evacuations in wake of heavy floods & landslides in southern China. We express our sympathies for and solidarity…
Read More »Pakistan’s exports to China up 5pc in Jan-May
Pakistan’s export to China crossed $1.605b in the first five months of 2022, up 5.42pc year on year, shows the official data from the General Administration of Customs of the People’s Republic of China (GACC). Badar uz Zaman, Commercial Counsellor at Pakistani Embassy in Beijing, said that despite the epidemic…
Read More »China and Pakistan needed to promote joint degree programs: Prof. Tan Biyou
A group of high-level talents with strict professional and cultural training is critical for the construction of China-Pakistan Economic Corridor (CPEC). China and Pakistan should strengthen cooperation and promote joint degrees to meet the needs of the two countries. This was stated by Prof. Tan Biyou from China’s Hunan Normal…
Read More »Pak-China Agri Cooperation to boost under the CPEC framework
BEIJING – The China-Pakistan Economic Corridor (CPEC) will help address the looming food security challenge of Pakistan by introducing modern farming to enhance the country’s yield through agricultural cooperation, a government official has said. Pakistan has realized that food security is an important component of national security, and agribusiness is…
Read More »Window of Pakistani Culture launches in Anhui, China
BEIJING, Jun 20 (APP): Pakistan and China will strengthen cultural communication and exchanges with the establishment of a Window of Pakistani Culture in Anhui, China. Moin ul Haque, Pakistan Ambassador to China, Zheng Chuanxin, Secretary General of Taihu World Cultural Forum (TWCF) and Zhang Jian, General Manager of property management…
Read More »Thar Coal Block-1 660MWs unit-1 set to enter commissioning
ISLAMABAD, June 20 (Gwadar Pro) – The 1,320 megawatts Thar Coal Block-1 (TCB-1) power plant has achieved an overall 85% work progress and the 660MWs unit-1 is close to entering commissioning, a senior official of TCB-1 told Gwadar Pro on Monday. TCB-1 is the largest indigenous coal-based power plant project…
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Pakistan and China reaffirm resolve to expand B2B cooperation
Pakistan and China have reaffirmed their commitment to expanding business-to-business cooperation, particularly in artificial …
