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  • PM Imran, Chinese President reaffirm resolve to build community for shared future

    PM Imran, Chinese President reaffirm resolve to build community for shared future

    ISLAMABAD: Pakistan Prime Minister Imran Khan met Chinese President Xi Jinping at the Great Hall of People in Beijing on Sunday. The two leaders reaffirmed their resolve to building of the Pakistan-China Community for Shared Future in the New Era.

    The Prime Minister renewed his invitation to President Xi Jinping to undertake a visit to Pakistan at his early convenience.

    This was the first meeting of the two leaders since the Prime Minister’s visit to China in October 2019.

    READ MORE: Pakistan, China discuss bilateral economic, trade ties

    The two leaders reviewed the entire gamut of Pakistan-China bilateral cooperation and exchanged views on regional and global issues of mutual interest, in a warm and cordial atmosphere.

    Prime Minister Imran Khan congratulated the leadership and people of China on successful hosting of the 24th Olympic Winter Games in Beijing and extended his best wishes on the Chinese Lunar New Year.

    The Prime Minister underscored that China was Pakistan’s steadfast partner, staunch supporter and Iron Brother. The All-Weather Strategic Cooperative Partnership between Pakistan and China had withstood the tests of times and the two nations firmly stood side by side in realizing their visions and shared aspirations of peace, stability, development and prosperity.

    READ MORE: PM Imran invites Chinese companies to invest in Pakistan

    The Prime Minister briefed President Xi on people-centered geo-economics vision and his Government’s policies for Pakistan’s sustained growth, industrial development, agricultural modernization, and regional connectivity.

    He lauded China’s continued support and assistance to Pakistan’s socio-economic development which had greatly benefitted from the high quality development of CPEC.

    The Prime Minister welcomed increased Chinese investments in CPEC’s Phase-II which centered on industrialization and improving people’s livelihoods. The Prime Minister shared his views with President Xi on growing polarization in the world which threatened unraveling of global developmental gains, and posed serious risks to the developing countries.

    He highlighted that insurmountable challenges like climate change, health pandemics and growing inequalities could only be tackled though unqualified cooperation of all nations in accordance with the purposes and principles of the UN Charter.

    In this regard, he lauded President Xi’s visionary Belt and Road and Global Development Initiatives which called for collective action for sustainable development and win-win outcomes.

    The Prime Minister highlighted that atrocities being perpetrated in the Indian Illegally Occupied Jammu and Kashmir, and the persecution of minorities in India in advancing the Hindutva mindset of RSS-BJP, was a threat to regional peace and stability.

    He added that rapid militarization of India was undermining regional stability.

    Prime Minister Imran Khan highlighted that partnership between Pakistan and China was an anchor for peace and stability in the region and thanked China for its unwavering support to Pakistan’s sovereignty, territorial integrity, independence and national development.

    The Prime Minister also reaffirmed Pakistan’s full support to China on all issues of its core interest. Both leaders acknowledged that a peaceful and stable Afghanistan would promote economic development and connectivity in the region and called on the international community to promptly assist the Afghan people in averting a humanitarian catastrophe.

    Both leaders appreciated the signing of a number of agreements covering industrial cooperation, space cooperation, and vaccine cooperation.

  • Pakistan, China discuss bilateral economic, trade ties

    Pakistan, China discuss bilateral economic, trade ties

    BEIJING: Pakistan Prime Minister Imran Khan held wide-ranging talks with Li Keqiang, Premier of the State Council of the People’s Republic of China on Saturday.

    The two leaders reviewed the entire gamut of bilateral ties including discussions on the bilateral economic and trade relations, onward march of CPEC and important issues of regional and global concern.

    READ MORE: PM Imran invites Chinese companies to invest in Pakistan

    Prime Minister Imran Khan was accompanied by the Foreign Minister; Minister for Finance; Minister for Planning, Reform and Special Initiatives; Minister for Information and Broadcasting and senior officials.

    Congratulating Premier Li for organizing Beijing Winter Olympics, the Prime Minister highlighted that strategic ties between Pakistan and China served the fundamental interests of the two countries and were a factor of peace and stability in the region. He added that successful celebrations of the 70th anniversary of the establishment of diplomatic relations held last year injected a new impetus to bilateral friendship.

    READ MORE: Prime Minister Imran kicks off visit to China

    The Prime Minister thanked the Chinese government for support and assistance to Pakistan in dealing with the COVID-19 pandemic and timely supply of vaccines.

    The Prime Minister appreciated the transformational impact of CPEC on Pakistan’s infrastructure, energy, socio-economic development and improvement in livelihoods of the people. He underlined that Pakistan was committed to high quality development of CPEC through its mutually reinforcing industrial, trade, health, digital and green corridors.

    READ MORE: PM Imran terms exports, tax collection must for growth

    The Prime Minister shared with Premier Li the measures taken by the government to provide policy guidance and support for enhanced Chinese investments in the CPEC SEZs and Special Technology Zones, and for safety and security of Chinese nationals, projects and institutions in Pakistan.

    Exchanging views on the regional security situation, the Prime Minister highlighted the serious situation in IIOJK as well as the importance of urgent action by the international community to alleviate sufferings of the Kashmiri people. He also underscored the importance of Pakistan and China working together to promote shared objectives of peace, stability and development in Afghanistan and regional connectivity.

    READ MORE: Timelines for CPEC projects should be adhered to: PM

    The two leaders agreed to work closely on further deepening bilateral economic engagement and reaffirmed their commitment to further advance the multifaceted strategic cooperative ties and building the Pakistan-China Community of Shared Future in the New Era.

  • Pakistan pavilion to be set at China expo

    Pakistan pavilion to be set at China expo

    BEIJING: An online pavilion of Pakistan will be established at 4th China International Import Expo (CIIE), which will be held offline and online in Shanghai from November 5 to 10 this year.

    Pakistan Ambassador to China, Moin ul Haque will lead the Pakistani delegation at the opening ceremony of the Expo.

    A number of Pakistani exhibitors, who are already in China, have geared up their preparations to participate in the upcoming expo.

    They will set up stalls to showcase popular household gadgets from Pakistan to the Chinese market, Pakistan Counsel General, Shanghai, Hussain Haider told state new agency.

    This year, the traders and businessmen from Pakistan are not coming to China owing to travelling restrictions and quarantine in wake of Covid-19 pandemic, he added.

    A few Pakistani enterprises specialized in jewellery design, furniture and artistic handicrafts will attend this year’s expo. Among all the exhibits, stunning gems and jewellery from Pakistan is likely to become a big hit with the Chinese buyers.

    More than 200 exhibitors and over 500 purchasers will be participating in the expo this year. As the first dedicated import exhibition globally, the CIIE has yielded fruitful outcomes from the past three expos.

    Shu Jueting, spokesperson of China’s Ministry of Commerce, said the exhibition area exceeded 360,000 square meters, and the number of signed exhibitors exceeded that of the previous year, adding that over 80 percent of the Fortune 500 and industry-leading companies from last year’s CIIE will participate again in this year’s event.

    According to the customs, more than 200 batches of exhibits are expected to enter the country by sea, air and rail in the coming month.

    Gu Honghui, deputy secretary-general of the Shanghai municipal government, said efforts will be made to ensure the COVID-19 prevention and control is more precise, urban service more refined, and the spillover effect of the CIIE brand more prominent during the expo.

    Pakistan spends $1 billion for vaccines in first quarter
  • Rice exports to cross one million tons: Pakistan envoy

    Rice exports to cross one million tons: Pakistan envoy

    BEIJING: Pakistan has a huge potential to enhance rice export to several countries especially China and Pakistani rice export is likely to cross one million tons within two years with increased demand from the Chinese market, said Badar uz Zaman, Commercial Counselor of Pakistan Embassy in China.

    “Last year our rice exports to China was 475,000 tons and in quantity wise we are the third largest country while in amount or money wise we are fourth largest rice exporter to China,” he added.

    Last year, Vietnam, Myanmar, and Thailand were the top three rice exporters to China, with export of 787,538 tons, 911,231 tons, and 324,642 tons respectively.

    China had appeared as one of the top destinations for Pakistani rice with 59 per cent increase of broken rice in last year while semi/wholly milled rice and IRRI-6 and IRRI-9 are the main top two rice varieties imported by China amounted to around $259 million last year.

    Badar uz Zaman said the number of registered rice exporters has increased to 53 and within the last two years as 18 new Pakistani rice companies were registered by the General Administration of Customs, China, which shows the huge demand for Pakistani rice in the Chinese market. These companies fully meet the Chinese standard.

    He said that IRRI-6 and IRRI-9 types of rice have special Chinese consumer taste, while all commercial sections in China are trying B2B marketing to promote all kinds of Pakistani rice types, and also the products of quality are in demand here.

    According to a report released by China-Pakistan Agricultural and Industrial Information Platform (CPAIC), Pakistan has already become one of the top rice producers and exporters in the world.

    The rice grown in Pakistan is mainly divided into Basmati rice and non-Basmati rice. Basmati rice, with slender and elongated grains, aromatic taste, and soft and fluffy texture when cooked, is one of the most favored high-end rice varieties in the international market.

    Pakistan is the most important growing area of Basmati rice besides India and Bangladesh.

    Hybrid rice breeding assisted by China is elevating Pakistani rice yield to a new height.

    Honglian hybrid rice developed by Wuhan University and harvested in eight demonstrative plots in Pakistan has demonstrated ability to raise production by two times.

    A rice variety bred by China’s Yuan Longping High-tech Agriculture Co., Ltd. in collaboration with Guard Agriculture Research and Services are anticipated to double the rice production in Pakistan from 2 tons per acre to 4 tons per acre.

    Last year, a total of 500 tonnes of hybrid rice seeds from a seed company in east China’s Jiangsu Province landed in Pakistan to help ensure the country’s grain yield.

    It may be mentioned here that China permitted imports of Pakistani rice in January 1, 2006. In February of the same year, the first batch of rice shipped from Pakistan.

  • Pakistan, China agree FTA 2nd phase to lead more trade, investment opportunities

    Pakistan, China agree FTA 2nd phase to lead more trade, investment opportunities

    ISLAMABAD: The leaders of Pakistan and China on Tuesday agreed that the implementation of the 2nd phase of China-Pakistan Free Trade Agreement (FTA) would lead to more trade, economic and investment opportunities between the two countries.

    Other areas of potential collaboration discussed between the two sides included railways, steel, oil and gas, industry and science & technology.

    Prime Minister Imran Khan held wide-ranging bilateral talks with Chinese Premier Li Keqiang at the Great Hall of the People in Beijing on Tuesday.

    The exchange of views particularly covered strengthening of bilateral economic partnership, says a press release received here today from Beijing (China).

    On his arrival, the Prime Minister was presented a guard of honour, accompanied by 19-gun salute.

    The Foreign Minister, Minister of Planning, Development and Reform, Minister of Railways, Advisor on Commerce, Special Assistant to Prime Minister on Energy, and Chairman BOI, Chief of Army Staff, DG ISI, and other senior officials were present.

    The bilateral talks were followed by a banquet hosted by Premier Li. Extending felicitations on the 70th Anniversary of the founding of the People’s Republic of China, the Prime Minister underscored that the All-Weather Strategic Cooperative Partnership between Pakistan and China served the fundamental interests of the two countries and peoples and contributed to peace, development and stability in the region.

    Prime Minister Imran Khan emphasized that expeditious completion of CPEC projects was the foremost priority of his government as this transformational project was pivotal to accelerating Pakistan’s economic development and regional prosperity.

    Premier Li was apprised of the actions undertaken recently to fast-track CPEC projects and to push the development momentum in Gawadar.

    Premier Li underlined the salience of the abiding Pakistan-China relationship and reiterated China’s support for Pakistan’s issues of core national interest.

    Premier Li thanked Prime Minister Imran Khan for the measures to advance CPEC projects and maintained that the second phase of CPEC will be instrumental in reinforcing and consolidating Pakistan’s economic development and pave the way for enhanced Chinese investments in Pakistan.

    The two sides exchanged views on deepening bilateral trade and explored ways of increasing Pakistan’s exports to China.

    The two sides also discussed regional security situation including serious human rights and humanitarian situation in IoJK.

    Prime Minister Imran Khan apprised Premier Li of the latest developments and the importance of urgent action by the international community to alleviate the sufferings of the Kashmiri people in the lockdown.

    Both leaders maintained that frequent and substantive bilateral exchanges were contributing to elevating the All-Weather Strategic Co-operative Partnership to new heights and were reinforcing people-to-people ties.

    The two leaders also witnessed signing of various Agreements and MOUs aimed at deepening Pakistan-China ties in a range of socio-economic sectors.

    Prime Minister Imran Khan reiterated his invitation to Premier Li to visit Pakistan at the earliest opportunity.