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ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, announced plans to upgrade the China-Pakistan Economic Corridor (CPEC) into its second phase, focusing on growth, innovation, sustainability, livelihood, and regional connectivity. A seminar will be held in Beijing from December 17 to 30 to outline the scope and…

KARACHI: The Sindh government is working to develop two special economic zones (SEZs) in Karachi to facilitate the setting up of various industries by Chinese investors in collaboration with local businessmen. This was disclosed by Sindh Minister for Energy, Planning and Development Syed Nasir Hussain Shah while addressing an event…

GUANGZHOU, CHINA: Punjab Chief Minister Maryam Nawaz Sharif on Saturday announced plans to facilitate Chinese companies through a one-window operation, declaring Punjab as a “land of opportunities” for investors. Maryam Nawaz also announced the establishment of a working group with the appointment of a focal person, and the creation of…

Chinese and Pakistani diplomats signed memorandums of understanding (MoUs) for five projects in transport, health, energy, and agriculture in Karachi, with support from the Sindh government. The agreements include local assembly of electric cars, local manufacturing of solar panels, production of slow-release fertilizers, algae farming, and the establishment of a…

ISLAMABAD: Pakistan and China have signed an agreement to introduce Artificial Intelligence (AI) based agricultural machinery. The agreement, facilitated by the Special Investment Facilitation Council (SIFC), aims to boost agricultural productivity in Pakistan through Chinese expertise. A memorandum of understanding (MoU) has been signed between the Punjab government and China’s…

ISLAMABAD: The CPEC has brought a total of $25.4 billion in direct investment, 236,000 jobs, 510 kilometers of highways, more than 8,000 megawatts of electricity and 886 kilometers of core transmission to Pakistan. It was stated by Chinese Ambassador Jiang Ziadong on Friday during a ceremony at the Chinese Embassy.…

A high-level Chinese business delegation, led by Consul General Yang Yundong, has expressed keen interest in investing a substantial $1 billion to establish a state-of-the-art medical city in Pakistan. The move aims to significantly advance the country’s healthcare sector. During a recent meeting with President Asif Ali Zardari in Karachi,…

Punjab Chief Minister Maryam Nawaz Sharif, accompanied by a delegation, arrived in Shanghai on the third leg of her visit to China. During her visit, she held a meeting with Zou Zongming, Deputy Secretary of the Communist Party of China (CPC) Shanghai Committee, who warmly welcomed her. The discussion focused on enhancing economic ties…

ISLAMABAD: The government on Wednesday presented the details of the amount received through the China Pakistan Economic Corridor (CPEC) in the National Assembly as officials of the Ministry of Planning, Development and Special Initiatives told the House that a total of 43 projects worth around $24.703 billion have been completed…

A Chinese business delegation has expressed ‘deep interest’ in establishing a $1 billion medical city in the Dhabeji Special Economic Zone (SEZ) located in Thatta, Sindh. The development came during a visit by a high-powered delegation of 12 major Chinese companies, accompanied by Special Assistant to the Chief Minister of…