Islamabad, August 7, 2023 – Pakistan’s Prime Minister Muhammad Shehbaz Sharif announced the government’s commitment to fully implement one window operations to facilitate Chinese investors in the country, especially those involved in the China Pakistan Economic Corridor (CPEC).
(more…)Tag: China
-
Pakistan and China Celebrate Completion of 10 Years of CPEC, Pledge Continued Cooperation
Islamabad, August 1, 2023 – A special ceremony was held on Monday, July 31, 2023, in Islamabad to mark the momentous occasion of the completion of the first decade of the China Pakistan Economic Corridor (CPEC). High-level leadership from both Pakistan and China graced the event, demonstrating the significance of this milestone in bilateral cooperation.
(more…) -
Zhang Yufei Secures Gold in 100m Butterfly at Swimming Championship
In a breathtaking display of aquatic prowess, China’s emerging swimming sensation, Zhang Yufei, has achieved a phenomenal triumph at the prestigious Swimming World Championships.
(more…) -
Pakistan’s Imports from China Plummet 44% in FY23
Karachi, July 21, 2023 – Pakistan has experienced a substantial 44% decline in imports from China during the fiscal year 2022-23, according to data released by the State Bank of Pakistan (SBP).
(more…) -
China Proposes Digital Currency Settlement Among SCO Members
BEIJING: China has put forth a proposal to enhance cooperation on sovereign digital currency among member countries of the Shanghai Cooperation Organization (SCO). This initiative aims to improve transaction efficiency and elevate trade among SCO members.
(more…) -
China removes PCR test for inbound travelers
On April 25, 2023, Chinese Foreign Ministry announced to remove the mandatory polymerase chain reaction PCR tests before boarding flights.
(more…) -
Pakistan supports use of Chinese RMB as global currency
Pakistan is strong supporter for expanding the use of Chinese Renminbi (RMB) as use of global currency.
(more…) -
Khunjerab Pass reopening to boost Pak-China trade: PM Sharif
On Sunday, Prime Minister Muhammad Shehbaz Sharif expressed his satisfaction regarding the reopening of Khunjerab Pass, stating that it would boost bilateral trade between Pakistan and China.
(more…) -
Khunjerab Pass reopens for Pakistan, China trade
Khunjerab Pass, a vital trade route between Pakistan and China, has been reopened after being closed for almost three years due to the Covid-19 pandemic.
(more…) -
China continues to help Pakistan stabilize financial situation
BEIJING: China has done its utmost to help Pakistan stabilize financial situation, said Chinese Foreign Ministry Spokesperson, Zhao Lijian on Monday and added his country will continue to do so in the future.
“China and Pakistan are all-weather strategic cooperative partners. We have been supporting each other for common development and in joint efforts to overcome difficulties,” he said during his regular briefing in response to a question about the debt assistance provided by China and other financial assistance.
“China has done its utmost to help Pakistan stabilize its financial situation. We have been doing so, and we will continue to do so,” he said.
As per media reports, during Prime Minister Shehbaz Sharif’s recent official visit to Beijing, the Chinese leadership promised to roll out $4 billion in sovereign loans, refinance $3.3 billion commercial bank loans and increase currency swept by about $1.45 billion.
To a question about Pakistan’s current political situation, he said that China had noted the relevant reports.