BEIJING: Prime Minister Shehbaz Sharif on Thursday said Pakistan was taking steps to improve governance, increase the tax net and ensure ease of doing business to attract foreign direct investment (FDI), state-run Radio Pakistan reported. During a meeting with China Exim Bank President Dr Wu Fulin in Beijing today, the premier said the results of reform measures had started appearing as the …
ISLAMABAD: Pakistan and China have signed 32 memorandums of understanding (MoUs) to promote trade and investment between the two countries. The MoUs were signed during Prime Minister Shehbaz Sharif’s visit to China. He is leading a team of 100 businessmen to explore the potential for promoting bilateral trade and investment. An official announcement of the Commerce Ministry released on Wednesday said …
ISLAMABAD/BEIJING: Ahead of Prime Minister Shehbaz Sharif’s visit to China from June 4, hopes are high in Islamabad that the flagging multibillion-dollar China-Pakistan Economic Corridor (CPEC) will be revived. This is after a successful visit in mid-May by Deputy Prime Minister Ishaq Dar to Beijing, at which pledges were made by both sides to put the massive investment plan back on track after it …
BEIJING: The National Bank of Pakistan (NBP) and China-Pakistan International Silk Road Industry Investment Management Company Ltd have signed an MoU to facilitate investment in key projects, promote industrial cooperation, support the establishment of special economic zones (SEZs) and boost bilateral trade. Economic Minister Aslam Chaudhary, Liu Jiang Hua from China-Pakistan International Silk Road Industry Investment Management Company Limited, representatives …
ISLAMABAD: The Foreign Office on Friday said that the Taliban administration in Afghanistan had assured Pakistan of its cooperation in investigation into the Bisham suicide attack in which five Chinese nationals and their Pakistani driver lost their lives. “The Afghan side has agreed to examine the findings of the investigation and to work with Pakistan to take the investigation to its logical …
ISLAMABAD; Prime Minister Shehbaz Sharif will visit China on June 4 for a five-day visit at the invitation of Chinese President Xi Jinping and Chinese Premier Li Qiang, the Foreign Office (FO) said on Friday. According to FO Spokesperson Mumtaz Zahra Baloch, PM Shehbaz will visit China from June 4-8 and will visit the cities of Beijing, Xian and Shenzhen. …
BEIJING: China successfully launched a Pakistani multi-mission communication satellite using a Long March-3B carrier rocket from the Xichang Satellite Launch Center at 8:12 p.m. Beijing Time (12:12 GMT) on Thursday. The satellite has successfully entered its predetermined orbit, marking a success for the launch mission. This mission marked the 524th flight of the Long March series carrier rockets.
ISLAMABAD: Prime Minister Shehbaz Sharif will visit China in the first week of next month to join formal launching of the second phase of China-Pakistan Economic Corridor (CPEC-II). A source in the Prime Minister’s Office told that PM Shehbaz was scheduled to leave for China on June 4, but the date of visit could slightly be changed. Infrastructure and energy projects …
ISLAMABAD: China and Pakistan will hold 13th Joint Coordination Committee (JCC) of the China-Pakistan Economic Corridor (CPEC) virtually today (Friday) in the run-up to Prime Minister Shehbaz Sharif’s first visit to China after coming to power early this year. Pakistan is pushing for expediting approval of financing for development of $6.7bn Main Line-1 (ML-1), notwithstanding internal opposition, and about $1.9bn …
ISLAMABAD: Chinese Ambassador Jiang Zaidong on Thursday said Pakistan’s desire to enhance the ongoing commercial ties was welcoming as it would inject new impetus into China-Pakistan cooperation. He was speaking at a symposium on ‘Transformation of China’s Economy to High Quality Development Model’ organised by the Institute of Regional Studies (IRS). The ambassador said China’s high quality development model offered …