Road network to China, Central Asian countries will be completed to promote trade: Aleem
ISLAMABAD – Minister for Privatization Abdul Aleem Khan said loss making institutions are being privatized to strengthen the country’s economy. Talking to the French Ambassador Nicolas Galle in Islamabad on Wednesday, he said these institutions have the potential to earn profit and perform better. Abdul Aleem Khan expressed the government’s commitment to complete Karachi to…
China Tops Pakistan’s FDI with $568M in FY24
July 24, 2024 – China tops Pakistan’s FDI with $568M in FY24 In fiscal year 2024 (FY24), China was the leading investor in Pakistan with a net foreign direct investment (FDI) of $568.2 million, according to data from the State Bank of Pakistan (SBP). Hong Kong and the United Kingdom followed as the second and…
PM Welcomes Chinese Investment in Pakistan
Islamabad, July 23 – PM, welcomes Chinese investment in Pakistan emphasizing on Pakistan’s desire to benefit from China’s expertise in various fields. Prime Minister Muhammad Shehbaz Sharif on Tuesday welcomed Chinese investment in Pakistan, noting that numerous significant bilateral business agreements were established between companies from both countries during his recent visit to China. He…
PM Welcomes Beijing Declaration
PM Shahbaz Sharif welcomes the Beijing Declaration reached between Fatah and Hamas in China. Prime Minister Shehbaz Sharif welcomed the Beijing Declaration on Tuesday, which represents an agreement among key Palestinian groups to unify and establish an interim unity government. In a statement on his official X account, the prime minister commended the People’s Republic…
Resurgent and confident China: Enhancing economic and strategic footprint
AS China approaches the 100th anniversary of the establishment of the People’s Republic of China and the goal of rejuvenation of the motherland, its confidence and diplomatic footprint is increasing around the world. The third consecutive presidential term of Xi Jinping is indicative of not only the confidence of the nation in his visionary leadership…
CPEC’s Strategic Importance for Pakistan
“We are the indispensable nation. We stand tall. We see further into the future than other countries. And we see the danger that others cannot see.” This quote by Madeline Albright shows the US euphoria when the USSR disintegrated, ushering the world into a unipolar moment. But the economic rise of China has instilled fears…
CPEC, Third Plenum and Lessons for Pakistan
THROUGH various policy initiatives, Prime Minister Shehbaz Sharif is striving hard to gear up the CPEC Phase-II in the country. He desired relocation of the Chinese qualitative industries in the country stimulating the process of qualitative industrialization, digitalization and artificial intelligence. Unfortunately, ongoing severe political polarization is badly hurting long-term socio-economic planning and plans and…
Gwadar Poised to Become International Trade Hub as CPEC Enters Second Phase
As the China-Pakistan Economic Corridor (CPEC) transitions into its second phase, Gwadar, Pakistan, stands on the brink of becoming a major international trade hub. This evolution is supported by the completion of several key projects, each contributing to Gwadar’s strategic significance in regional connectivity and economic growth. Key CPEC Projects in Gwadar Gwadar International Airport:…
PM directs transfer of Chinese export industries to Pakistan
ISLAMABAD – PM directs to ensure transfer of Chinese export industries to Pakistan Prime Minister Shehbaz Sharif directed the Ministry of Commerce to ensure cooperation with the Investment Board for the transfer of Chinese export industries to Pakistan. The Prime Minister said any kind of delay in the refund of exporters would not be tolerated.…
Foreign Ministry Spokesperson Mao Ning’s Regular Press Conference on July 22, 2024
At the invitation of the host country France and the International Olympic Committee, Vice President Han Zheng will travel to France as President Xi Jinping’s Special Representative to attend the Opening Ceremony and other events of the 33rd Olympic Games in Paris on July 26. At the invitation of Member of the Political Bureau of…