CHINA ECONOMIC NET ISLAMABAD – The State Bank of Pakistan (SBP) earlier launched the National Payment Strategy System (NPSS) in order to build a road map and action plan for Pakistan to have a modern and robust digital payments network. The key goal of the strategy is to make the access of the people easier to financial services while helping …
CHINA ECONOMIC NET ISLAMABAD – Immensely impressed by the fully-digitalized economy of China, China Pakistan Economic and Business Council (CPEBC) in collaboration with Islamabad Chamber of Commerce and Industry (ICCI) organized the first World Digital Trade Summit in Islamabad recently. Multitudinous Pakistani and Chinese businessmen attended the summit. Pakistan’s Prime Minister Imran Khan has also launched Digital Pakistan Vision, aiming …
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 – China’s heaviest and most advanced satellite, Shijian-20, reached its fixed position in geosynchronous orbit Sunday, marking the first successful flight of DFH-5 satellite platform, according to the China Aerospace Science and Technology Corporation. The Shijian-20 satellite is the first verification satellite for DFH-5 satellite platform, China’s new generation of large geosynchronous orbit satellite platform. …
Beijing hopes that US will seriously execute consensus, Xi tells Trump BY CHINA ECONOMIC NET President Xi Jinping and his counterpart in the United States, President Donald Trump, set the tone in a telephone call on Friday for how Beijing and Washington should deal with their frictions in the next stage, after the two sides reached a phase one trade …
China to consume around 886 million metric tons in year 2019 Research Institute of Metallurgical Planning releases steel consumption forecast report for year 2019, 2020 BEIJING, China – China’s steel consumption is expected to hit a record in 2019 with approximate 886 million metric tons, and this would then be followed by a slight decline in demand in 2020, a new …
Huawei to continue promoting technology transfer, employing Pakistani talents; says Li Jie ISLAMABAD – A senior official of Chinese tech giant, Huawei, Wednesday told Prime Minister Imran Khan that his company would continue to promote technology transfer and cultivate local ICT talents by working with Pakistan’s top universities through programs like ICT Academies, Seeds for the Future, ICT Competition …