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BEIJING: A Research Center at a Chinese university has been named after Pakistani scientist Atta-ur-Rahman. The Hunan University of Chinese Medicine (HUCM) has decided to establish “Academician Professor Atta-ur-Rahman One Belt and One Road TCM Research Center” at its main campus in Changsha, capital of China’s Hunan province. The opening…

BEIJING: China, home of world’s largest fast-speed railway network, has an ample capacity to reconstruct the main railway line and build high-speed rail system in Pakistan, Cheng Xizhong, special commentator of China Economic Net (CEN) said on Sunday. During Prime Minister Imran Khan’s recent visit to Beijing, Chinese Minister of…

Chairman, Pakistan Tanners Association (PTA), Sheikh Afzal Hussain, has urged Adviser to Prime Minister on Commerce & Textile, Abdul Razzak Dawood to look into the specific issues of leather sector particularly for inclusion of finished leather/dyed leather H S codes in 2nd Free Trade Agreement (FTA) with China immediately without…

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Daroo Khan Achakzai said China-Pakistan Free Trade Agreement (CPFTA)-II to be operational from December 1, 2019, would attract Chinese investment in all sectors. The FPCCI chief hoped that the CPFTA-II would be instrumental in enhancing bilateral trade to its…

LAHORE: Director Marketing Pakistan, He Shunzi aka Harvey, overseeing the operations of Realme in three countries Pakistan, Nepal, and Bangladesh shared the future plans of the company, including establishment of the first ever mobile phone manufacturing factory in Pakistan by a Chinese manufacturer. Q. Realme established manufacturing plants in different…

ISLAMABAD: The PTI-led government is all set to allow 100 percent ownership for foreign companies investing in Special Economic Zones (SEZs) under China Pakistan Economic Corridor (CPEC). The proposed incentives for SEZs included income tax exemptions, no taxes on non-residents and income tax exemptions for expatriates till 2040. In a…

ISLAMABAD: The multibillion-dollar Main Line-I (ML-I) project of the China-Pakistan Economic Corridor (CPEC) may soon be back on track as the federal government has finally decided to take around $9 billion loans on its books, which will address a key bottleneck in securing financing for the much-delayed scheme. The Pakistani…

ISLAMABAD: Pakistan has addressed the challenges being faced in the execution of China-Pakistan Economic Corridor (CPEC) projects and the multibillion-dollar strategic initiative is progressing smoothly, said a top Pakistan official on Friday. Co-chairing a meeting of the CPEC Joint Working Group on Planning, which was held through video conference, Ministry…

LAHORE: Special Economic Zones (SEZs) will create new business opportunities for Chinese companies in many sectors of the economy as investors are planning to invest $5 billion in Pakistan over the next three to five years, said Chinese Ambassador Yao Jing. Talking to Faisalabad Industrial Estate Development and Management Company…

QUETTA: The government of Balochistan on Thursday unveiled the Gwadar Master Plan 2050, which stipulated that no old neighbourhoods of the port city would be relocated while restoring the historical sports and old status of the city. The Gwadar Master Plan has been approved by the provincial government that would…