Gwadar Pro Islamabad: China-Pakistan Economic Corridor (CPEC) Authority chief Lieutenant General Asim Saleem Bajwa (retd) said thisweek that private investors would be encouraged for Joint Ventures (JVs) to speed up industrialization under CPEC, aflagship project of the Belt and Road Initiative (BRI).Bajwa however, added that the maximum focus would be on the industries that could […]

Newswire Islamabad, May 31: Pakistani Prime Minister Imran Khan has said that the investigation into China-Pakistan Economic Corridor (CPEC)’s Rawalpindi-Islamabad Ring Road project corruption scandal will be completed within two weeks.Responding to public queries during a live television programme ‘Aapka Wazir-e-Azam Aap kai Sath (your Prime Minister with you),’ Imran Khan said an anti-corruption team […]

China Economic Net Lahore: Gilgit-Baltistan (GB) Chief Minister Khalid Khurshid has said that the massive investment by China in Pakistan was destined to bring economic revolution in the country. Speaking to journalists here after his visit to ‘Challenge Textile Factory’ established with a cost US $ 150 million by the Chinese group on the Lahore-Multan […]

Gwadar Pro Multan: Lahore High Court (LHC) Chief Justice Qasim Khan has said that Commercial Courts would be set up in the country for settlement of commercial cases as it is imperative after establishment of industrial zones under the China-Pakistan Economic Corridor (CPEC). Addressing a ceremony at District Courts here on Friday night, the CJ […]

Newswire Islamabad: Pakistan has approval a special China-Pakistan Economic Corridor (CPEC) Business Visa to facilitate the Chinese investment in the country.The Federal Cabinet that met here with Prime Minister Imran Khan in the chair, gave the formal approval, Information Minister Fawad Chaudhry said at a post-meeting news conference here. The minister said the new policy […]

China Economic Net Islamabad: CPEC Authority Lt. General Asim Saleem Bajwa (retd) has said that work on 103- kilometer Nokundi-Mashkhel road had been started under CPEC which will grant easier access to neighboring Iran.“Access to Iran will be improved after construction of these roads,” Bajwa said in a tweet. He said the design of 200-kilometer […]

China Economic Net Beijing: Poverty is a huge problem globally, and poverty alleviation has long been a difficult task for the international community. Within a span of 40 years, placing a high priority on poverty issues and investigating various ways to alleviate poverty, the Chinese government has lifted about 800 million people out of absolute […]

Gwadar Pro Karachi: China-Pakistan Economic Corridor (CPEC) Authority chief Lt. General Asim Saleem Bajwa (retd) has said Pakistan will start reaping the benefits of the second phase of the CPEC in the form of industrial and agricultural development in addition to a better road connectivity. “Several roads under CPEC are in their final phase which […]

China Economic Net Qingdao: The 2021 SCO International Investment and Trade Expo & SCO Qingdao Forum on Local Economic and Trade Cooperation opened this week. At the opening ceremony, five China-Pakistan MOUs were signed, Special Economic Zone (SEZ) ties, sister cities and bank cooperation included. “At the crossroads of the Middle East, Central and South […]

Gwadar Pro Islamabad: Chairman China-Pakistan Economic Corridor (CPEC) Authority Lt. General Asim Saleem Bajwa (retd) has said that clusters of Technical Institutes would be established around the new Special Economic Zones (SEZs) under the multi-billion-dollar CPEC. The CPEC Authority chief said the new clusters would help creating scores of new jobs. Bajwa said preparing youth […]

Newswire Peshawar: Khyber Pakhtunkhaw provincial government has proposed five transport infrastructure projects worth billions for approval in the Pakistan-China 10th Joint Cooperation Committee (JCC) meeting to be held soon.According to the official details, one project is the 82-km Swat Expressway from Chakdara to Fatehpur Phase-II having a total cost of Rs 57.7 billion which will […]

China Economic Net Peshawar, April 20: China-Pakistan ties will continue to grow in the years to come as the two countries celebrate 70 years of diplomatic ties, Chinese Ambassador to Pakistan Nong Rong said this week. Speaking to journalists here after visiting the ‘China Window’ office, the envoy said the Chinese Cultural and Information Center […]

Gwadar Pro Multan: Pakistan’s Ministry of Food Security and Research is playing the role in obtaining Chinese seed technology under the China Pakistan Economic Corridor (CPEC), Pakistan Central Cotton Committee (PCCC) President Dr Muhammad Ali Talpur said this week. In a statement, he said the technology would surely help resolve challenges of whitefly, pink bollworm […]

Gwadar Pro Islamabad: Pakistan and China are jointly working to ensure transparency in China-Pakistan Economic Corridor (CPEC) projects, Pakistan’s accountability watchdog chief said. National Accountability Bureau (NAB) Chairman Justice Javed Iqbal (retd) said the two friendly countries aimed to eliminate even a shadow of corruption in the execution of the CPEC projects.“Both of us (Pakistan […]

Gwadar Pro Islamabad: Pakistan will allocate special funds in the next national budget to expedite completion of China-Pakistan Economic Corridor (CPEC) projects, a senior aide of Prime Minister Imran Khan said this week.“The budget for the next financial year will provide special incentives for completion of CPEC projects, development of economic zones and introduction of […]

China Economic Net Guizhou: “Pakistan is the third largest tea importer in the world. They consume a lot of imported tea every year. As long as the quantity is large, the cost can be lowered. We can make breakthroughs in technology and increase productivity.” said Xu Jiamin, the secretary-general of Guizhou Tea Association in China.In […]

Gwadar Pro Karachi: Federal Minister for Planning and Development Asad Umar has said that the Century Steel, a Chinese firm with the investment of US $ 240 million, would set up a steel mill in Rashakai Special Economic Zone (SEZ) which would produce about 1.5 million tons of steel.Addressing the reception ceremony of first consignment, […]

Gwadar Pro Karachi, April 3: Chinese Consul General in Karachi Li Bijian has said that China wanted to make huge investment in various sectors and in different areas of Pakistan.The senior diplomat visited Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and discussed with FPCCI leadership the matters of mutual interest mainly the status […]

Gwadar Pro Karachi: A branch of Habib Bank Limited (HBL) opened in Beijing, making it the first Pakistani bank operating in China.According to an official statement, HBL’s presence in China will allow the bank to interact with State-Owned Enterprises (SOEs) and leading financial institutions, involved in CPEC and across Belt and Road Initiative (BRI). Chairman […]

Gwadar Pro Islamabad: Pakistan has sought permission from Iron Brother China to reopen the Khunjerab Pass to facilitate bilateral trade and people’s exchanges. In a letter sent to the Embassy of PRC in Pakistan Saturday, the Pakistani Ministry of Foreign Affairs said the border point was closed on December 1, 2019 as per schedule. However, […]