Aid for Trade is a way to help developing countries address trade-related obstacles that constrain their ability to engage in international trade. Its primary objective is to improve the trade capabilities of developing countries, particularly the least-developed ones, and facilitate their integration into the global trade system. During the 9th Global Review of Aid for Trade recently held by the …
BEIJING: The Chinese renminbi (RMB) is making steady progress in becoming a more widely used currency in the global economy, according to a report released by People’s Bank of China (PBOC). One of the most notable trends highlighted in the 2023 report on Chinese RMB internationalization is the increased use of the currency in trade and investment. In 2022, banks …
ISLAMABAD: Pakistani leadership on Friday condoled to the government and people of China and the bereaved family over his sudden demise of of former Chinese premier Li Keqiang who died in Shanghai at 68. President Dr. Arif Alvi expresses his condolence on the death of former Chinese Premier, Li Keqiang. “I am deeply grieved to hear about the passing away …
BEIJING: Chinese President Xi Jinping on Wednesday announced eight major steps China will take to support high-quality Belt and Road cooperation. First, China will build a multidimensional Belt and Road connectivity network, Xi said in a keynote speech at the opening ceremony of the third Belt and Road Forum for International Cooperation (BRF). The country will speed up high-quality development of …
ISLAMABAD: China on Tuesday confirmed the participation of representatives from over 110 countries that they will attend the third Belt and Road Forum for International Cooperation in Beijing in October, with preparations for the forum being well underway. Events during the forum include the opening ceremony, three high-level forums on connectivity, green development and digital economy and six thematic forums: …
GDP growth fastest in 10 past years
BEIJING, China (Desk) – China on Wednesday expressed firm opposition to British Foreign Secretary Dominic Raab’s remarks on Xinjiang at the 46th session of the UN Human Rights Council (UNHRC), saying those words are obviously driven by “ulterior motives.” Raab has called for UN High Commissioner for Human Rights Michelle Bachelet or another independent expert to be given “urgent and …
BEIJING, Jan. 2 (Xinhua) — The United States’ act of abusing national security to suppress Chinese enterprises is inconsistent with market rules and will weaken the confidence of all parties in the U.S. capital market, a spokesperson for China’s Ministry of Commerce said Saturday. The spokesperson made the remarks in response to the New York Stock Exchange’s announcement Thursday …
BEIJING, China (China Economic Net) – Chinese Premier Li Keqiang Tuesday said China will promote higher-standard opening-up, attract more foreign investment, and encourage more Chinese companies to go global, so as to achieve more win-win outcomes. Li made the remarks at the fifth “1+6” Roundtable which was held via video link and attended by World Bank Group President David Malpass, …