Latest News

BEIJING – The China-Pakistan Economic Corridor (CPEC) has a portfolio of projects in different provinces in Pakistan, depending upon their requirements and their areas of competency. And based on different comparative advantages, every province will develop its own cluster of industries, Federal Minister for Planning, Development and Special Initiatives Ahsan…

Pakistan’s export of sesamum seeds to China achieved a historical figure of $45.99 million, rising by 102.49 percent in the first quarter of 2022, said Badar U Zaman, Commercial Counsellor of the Pakistani Embassy. Badar U Zaman told China Economic Net (CEN) that according to the General Administration of Customs…

On the morning of May 16, 2022, Premier Li Keqiang had a phone conversation with Pakistani Prime Minister Shahbaz Sharif at Ziguang Pavilion of Zhongnanhai leadership compound at the latter’s request. Li Keqiang said, China and Pakistan are close and friendly neighbors and iron-clad friends. In 2015, President Xi Jinping…

The Gwadar 300 megawatts coal-fired power plant will be completed by October, 2023 to end energy scarcity in the country. An official source while sharing exclusive updates of the project, said that the power plant of an independent power producer is one of the key energy projects under the China…

BEIJING, May 15 (APP): The China-Pakistan Economic Corridor (CPEC) has been contributing to the United Nations sustainable development goals (SDGs) 2030 Agenda in Pakistan to achieve its SDGs goals. Although it is expected that CPEC will empower Pakistan to move forward economically, it also has a high potential to achieve…

BEIJING, May 15 (APP): The labor cost of Pakistan’s footwear industry is almost one-fourth of that of China, which can be a big incentive for the Chinese investors. China is shifting its “sunset” industries, including footwear, clothing and toy manufacturing to other countries, and Pakistan is one of its most…

LAHORE: The first hydropower project under the China-Pakistan Economic Corridor (CPEC) – 720MW Karot Hydropower Project (HPP) – has started trial operations after two of its four units/turbines began power generation of 360MW on a test-run basis. The unofficial commercial operation of the project (power generation by all four units)…

Foreign Minister Bilawal Bhutto-Zardari vowed on Saturday that the government would not rest till it had given “exemplary punishment” to the perpetrators of the suicide attack inside Karachi University last month, in which four people, including three Chinese nationals were killed. Addressing a condolence reference in Islamabad, he said the country was…

ISLAMABAD   –   Federal Minister for Planning and Development Ahsan Iqbal will visit Gwadar next week to review CPEC projects “I intend to visit Gwadar next week to personally see the progress of CPEC projects and also to see what the deficiencies are so that the government can take steps to rectify…