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Chinese investors eager to invest $2 billion in Pakistan Stock Exchange
KARACHI: Pakistan plans its first Chinese yuan-denominated bond, also known as Panda bond in the first quarter of next year, worth about $1 billion, reflecting growing demand for the country’s debt as its economic outlook improved. “Pakistan is moving closer to debut Chinese bond sale. This will be the first…
Read More »BRI investment brings capital, technology and boost industries of the member countries: Deputy Secretary-General NDRC
China’s outbound investment has boosted the economic development of countries and regions along the Belt and Road Initiative(BRI) and brought tangible benefits for local peoples, said Su Wei, Deputy Secretary General of China’s National Development and Reform Commission(NDRC). Su made the remark at the opening ceremony of 11th China Overseas…
Read More »Planning Minister directs officials to ensure the groundbreaking of SEZs under CPEC by December
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has directed the officials to ensure the groundbreaking of first special economic zone (SEZ) project under China-Pakistan Economic Corridor (CPEC) in Faisalabad before the end of the current year. According to the Ministry of Planning, Development and Special Initiatives,…
Read More »Ministry of Agriculture’s delegation visits leading machinery company in China
BEIJING, Nov 28 (APP):A delegation of senior government officials from the Ministry of Agriculture of Pakistan visited Shantui Construction Machinery Company in Shandong province of China, aiming to inspect its advanced product technology and suitable supporting equipment to better serve the local agricultural development. The person in charge of the…
Read More »Thar Coal Block-VI project under CPEC will help meet the energy demand: CM Sindh
KARACHI-Sindh Chief Minister Syed Murad Ali Shah has said that due to depleting gas reserves there would be serious shortage in urea manufacturing by 2026-27 for which Thar Coal has a cheapest solution.The Sindh government under CPEC has dedicated Block-IV for clean coal technology like coal to liquids (diesel) and…
Read More »China promotes green energy through Karot Hydropower project under BRI
Alongside infrastructure development, the Chinese government is focused on green development of its partner countries including Pakistan involved in the multi-billion dollar Belt and Road Initiative (BRI). Speaking at a seminar of the 8th Session of the UN Business and Human Rights Forum focusing on ‘sustainable infrastructure,’ Zhou Taidong, from…
Read More »Symposium organized in Lahore to promote understanding of CPC governance style
LAHORE: A delegation of International Department of Communist Party of China led by Dr Ou Liming, vice-president of Yunnan Provincial Party School held a symposium in Lahore to brief the participants on the governance experience of the party. The symposium was aimed at strengthening mutual learning and cooperation between the…
Read More »Government is ready to give any kind of assurance to China regarding CPEC
ISLAMABAD – Pakistan will take China into confidence at the highest level on the China-Pakistan Economic Corridor as Islamabad and Beijing try to neutralise the aftershocks of US Deputy Assistant Secretary of State for South Asia Alice Wells statement on the mega project. Senior government officials told The Nation that…
Read More »China, Pakistan varsities organise three-day China-Pakistan Friendship forum
LAHORE: Punjab University’s Dean Faculty of Arts and Humanities Prof Dr Iqbal Chawla has said art has a universal language while adding that China and Pakistan could strengthen bilateral and people to people relations further through fine arts. He was addressing the inaugural ceremony of a three-day university exchange and…
Read More »Lt Gen (retd) Asim Bajwa to take charge as Chairman CPEC Authority
ISLAMABAD: The government on Tuesday announced the appointment of retired Lt Gen Asim Saleem Bajwa as chairman of the China-Pakistan Economic Corridor Authority (CPECA) amid the opposition’s criticism of formation of the authority. According to a notification issued by the Establishment Division, the competent authority appointed retired Lt Gen Bajwa…
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