ISLAMABAD: The Challenge Fashion Group, a Chinese company has vowed to expand its business under China Pakistan Economic Corridor (CPEC) in Pakistan which would create over 20,000 jobs for locals, Chairman CPEC Authority Lt General (retd) Asim Saleem Bajwa said on Wednesday. He said the Chinese investor had already established a textile factory in Lahore […]
Pak-China
Four SEZs to create 1.47 million jobs, boost industrialist growth
ISLAMABAD: The four Special Economic Zones (SEZs), work on which is continuing at full swing, would create as many as 1.47 million jobs besides playing an important role in promoting local industry to lead the country towards sustainable economic growth. “The four SEZs including Rashakai M-1 Nowshera; Dhabeji Thatta; Allama Iqbal Industrial City Faisalabad and […]
Qureshi speaks with Chinese, Egyptian ministers on Israel’s aggression, ME crisis
ISLAMABAD – Minister for Foreign Affairs Shah Mahmood Qureshi on Saturday had a telephone conversation with China’s Foreign Minister Wang Yi and shared Pakistan’s profound concern over deteriorating security and humanitarian situation in the occupied Palestinian territories. During the conversation, both the foreign ministers discussed the Palestinian issue, peace process in Afghanistan, and Pakistan-China […]
Pak-China hand in hand to enhance cooperation: Ahmad Siddiqui
Federal Secretary for Communications Shoaib Ahmad Siddiqui has said that Pakistan and China are hand in hand to further expand range of cooperation in trade, industry and tourism sectors that will ultimately prepare the ground for economic uplift of the whole region. He was speaking on the conclusion of two-day experts group meeting on International […]
Businessmen term Pak-China FTA Phase II ‘anti-industry’
The business community has expressed serious reservations over Pak-China FTA Phase 2 terming it anti-industrialization. Pakistan and China will sign the second phase of Free Trade Agreement in Beijing on 28th April. Under the Free Trade Agreement, China has extended duty free access to Pakistan on three hundred and thirteen items. The agreement will help […]
Pakistan, China to amend railways ML-1 agreement
ISLAMABAD: It has been agreed between Pakistan and China to revisit an agreement that underpins the ML-1 project of the Pakistan Railway. The initiative has been taken to reduce the construction time of the strategically important scheme, and to complete it in three phases. The split of the project into three phases will increase the completion […]
CPEC holds great promise
Considerable progress has been made towards the China Pakistan Economic Corridor since its launch in 2013. China has been closely monitoring the developments in Pakistan and is largely in agreement on the direction the project is taking. Pakistan has not used the IMF and World Bank loans to repay the loans obtained under the CPEC […]
Boao Forum and China’s pursuit for multilateralism
With a strong call for multilateralism and firm stand for better cooperation, shared prosperity and destiny, Boao Forum for Asia (BFA) 2019 was concluded at Boao city in south China’s Hainan Province having the theme “Shared Future, Concerted Action, Common Development”. Based on the model of World Economic Forum, BFA has also been termed as […]
PM Imran Khan to visit China on April 27
Prime Minister (PM) Imran Khan will be paying a three-day visit to China on April 27 – on an invitation by Chinese president Xi Jinping – for attending the second Belt and Road Forum for International Cooperation. The event is schedule to be held in Beijing, in the last week of April, which will be […]
Haqqani network, other terrorist havens destroyed: DG ISPR
RAWALPINDI: Director General Inter-Services Public Relations (ISPR) Maj Gen Asif Ghafoor has on Sunday said that Pakistan Army has destroyed all terrorist havens including those of the Haqqani network. “Pakistan has gained tremendous success in its war against terrorism. We have successfully destroyed all terrorist havens from the country including those of the Haqqani network,” […]