Official documents reveal 13 projects worth $11 billion already completed 13 projects worth $ 18 billion are under completion Projects worth $ 21 billion projects are in the pipeline ISLAMABAD – With the approval of Mainline-I (ML-I) Railway Project, the total cost of projects under China, Pakistan Economic Corridor (CPEC) has surged to historic US $50 billion – a biggest …
CHINA ECONOMIC NET BEIJING, China – The Xinjiang Uygur autonomous region accelerated infrastructure construction in 2019, including starting a record number of airports to boost economic development, the chairman of the regional government said. “The construction of nine airports kicked off in 2019, which is unprecedented. Now, 56 regional air routes have opened, which is a great step forward in …
CHINA ECONOMIC NET BEIJING – China has expressed its readiness to pursue “high-quality development” of the China-Pakistan Economic Corridor which would benefit both the countries. Chinese foreign ministry spokesperson Geng Shuang passed these comments at a press briefing while explaining the second phase of the Pakistan-China Free Trade Agreement (FTA-II). Geng said that the amending protocol to the FTA-II came …
PM performs groundbreaking of SeZ in Faisalabad FAISALABAD – Prime Minister Imran Khan Friday said that the Special Economic Zones (SEZs) will attract relocating Chinese industries as Pakistan is providing enabling environment for the Chinese industries. “There are many industries that wish to relocate from China. China’s Premier Li Keqiang told me that if we provide enabling environment, the …
(The writer is H.E. Mr. Yao Jing, Chinese Ambassador to Pakistan) As time flies, we are in the year of 2020. At this wonderful moment of welcoming the third decade of the 21st century, I, on behalf of the Embassy of the People’s Republic of China in Pakistan, would like to extend my sincere New Year greetings to all Pakistani …
ISLAMABAD – Sahiwal Coal-Fired Power Plant has produced more than 21.2 billion Kilowatt-hours of cheap and clean energy, which has filled a quarter of power shortfall in Pakistan that meets the electricity demand of more than 4 million typical households. Mr Li Xin, the Chief Executive Officer of Sahiwal Power Plant told DiploMag that NTDCL has declared Sahiwal Power Plant …
ISLAMABAD – Chinese Ambassador Yao Jing Monday said that China and Pakistan have identified new projects of Agriculture, Education, Health and Infrastructure building under the new phase of China, Pakistan Economic Corridor (CPEC) in year 2020. Addressing to the participants of a Sangam Club Gala 2019 here at the Chinese Embassy building, the Ambassador said that both China and Pakistan …
Alibaba shot to fame after establishing its incubator in Hangzhou BEIJING – Hangzhou – the hometown of Alibaba – offers a world-class business environment with the best preferential policies for attracting investment, and incubation soil for talents’ innovation and entrepreneurship. Qiantang New District (QND) is heart of Hangzhou where Alibaba first established its incubator. Hangzhou, since time immemorial, has been …
MoU signed to promote Pak, China media cooperation, content exchange BEIJING, China – China Economic Net and DiploMag have signed a Memorandum of Understanding (MoU) on Media Cooperation and content exchange. China Economic Net Editor-in-Chief Excellency Mr Cui Jun and Mian Abrar Hussain, Editor DiploMag, signed the cooperation deed. Ms Agnes of China Economic Net was also present on …
DiploMag is a welcome sign to putting facts straight and countering fake news on BRI & CPEC, says Senator Mushahid Hussain Sayed DiploMag becomes country’s first China-only outfit to counter fake news about China, BRI, CPEC ISLAMABAD – DiploMag Magazine, the first-ever Pakistani outfit exclusively covering China, Belt and Road Initiative (BRI) and China, Pakistan Economic Corridor (CPEC), …