BEIJING: China’s annual “two sessions” are being held in Beijing from March 4 to March 11. With a target of hitting 134.9 trillion yuan in 2024, China has set its 2025 GDP growth target at around 5%, announced at the third session of the 14th National People’s Congress when Chinese Premier Li Qiang delivered the government work report on March …
ISLAMABAD: The Chinese Consul General Yang Yundong said on Friday that both China and Pakistan were focused at the completion of the Karakoram Highway (KKH) and the Main Line-1 (ML-1) project. Pakistan has held strong bilateral relations with China which has supported it through many investments and development projects such as the China-Pakistan Economic Corridor (CPEC), which was termed as …
ISLAMABAD: China has extended the repayment period of a $2 billion loan to Pakistan by one year, offering crucial financial relief to the country, the finance ministry confirmed on Saturday. The loan was originally due for repayment on March 24, but China has agreed to defer it to support Pakistan’s economic stability and recovery efforts, the ministry said in a …
ISLAMABAD: The Foreign Office (FO) on Monday confirmed that President Asif Ali Zardari will embark on a four-day state visit to China, starting on February 4 at the invitation of Chinese President Xi Jinping. In November, the president had been unable to proceed to China on a scheduled official visit due to a foot fracture as the doctors had advised …
ISLAMABAD: Prime Minister Shehbaz Sharif and Chinese Ambassador Jiang Zaidong discussed economic and security ties between their countries during a meeting in Islamabad on Friday, state-run Radio Pakistan reports. Their meeting follows the occasion of the Chinese New Year, which was celebrated by millions across Asia on January 29, when PM Shehbaz and President Zardari issued special greetings. Ambassador Zaidong …
ISLAMABAD: Pakistan and China reaffirmed their commitment to strengthening bilateral ties as Deputy Prime Minister and Foreign Minister Ishaq Dar held a meeting with the Chinese Ambassador Jiang Zaidong on Tuesday, the Foreign Office said. A day earlier, the FO rejected “baseless and unfounded” allegations targeting Pakistan’s commitment to China’s policies, stressing that Beijing continued to be Islamabad’s “all-weather strategic …
GAWADAR: A Pakistan International Airlines (PIA) flight landed at the Gwadar International Airport, making it the first commercial aircraft to arrive at the new airport after its inauguration on Monday. An official of the Pakistan Airport Authority (PAA) said in a statement that the first commercial flight, PK-503, had landed at the airport at 11:15am. The statement read that the …
ISLAMABAD: The Space and Upper Atmosphere Research Commission (Suparco) announced the launch of the country’s Indigenous Electro-Optical (EO-1) satellite on January 17 from the Jiuquan Satellite Launch Centre, China, APP reported. The Indigenous Electro-Optical (EO-1) satellite is an advanced imaging satellite developed to capture high-resolution optical images of the Earth. Such satellites are typically used for a wide range of …
ISLAMABAD: Pakistan and China have reaffirmed their commitment to high-quality development of the China-Pakistan Economic Corridor (CPEC) 2.0, with emphasis on industrialisation, Special Economic Zones (SEZs), clean energy, agriculture and livelihood projects. This was agreed between the two sides in the 5th meeting of the CPEC Joint Working Group on International Cooperation and Coordination (JWG-ICC) held in Beijing, the Foreign …
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Sunday invited Chinese technology, other firms to launch operations in Punjab, with representatives of several companies expressing keen interest in investment opportunities in Punjab. Presiding over an investment conference in Guangzhou on the sixth day of her visit to China, Ms Nawaz announced plans to facilitate Chinese companies through a one-window operation, …