May 14, 2025

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International News

IUB signs education cooperation program with Chinese university

By Editor Economic Watch
September 27, 2023
in :  International News

ISLAMABAD, Sept 27 (INP): The Islamia University of Bahawalpur (IUB), Anhui University of Chinese Medicine (AHUCM) and the TANG International Education Group have signed an International Education Cooperation Program. According to details shared by University College of Conventional Medicine (UCCM), IUB, a Chinese delegation led by AHUCM’s Prof Dr Zhou Yadong visited the IUB. A tripartite agreement was signed among …

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International News

China’s stance on global issues aligns with its vision of common future: Experts

By Editor Economic Watch
September 27, 2023
in :  International News

ISLAMABAD, Sept 27 (INP): Experts in Pakistan believe that China’s proactive stance in addressing global issues, such as cybersecurity, health, and climate change, aligns with its vision of a common future. China issued a white paper on building a global community of shared future, a grand vision serving as a blueprint for a better world raised by President Xi Jinping in …

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International News

Daraz inked MoU to promote EV bikes in Pakistan

By Editor Economic Watch
September 27, 2023
in :  International News

ISLAMABAD, Sep.27 (INP): Alibaba Group’s Daraz and Meezan Bank, the country’s foremost Islamic bank, have signed a Memorandum of Understanding (MoU), aimed at promoting and fostering the widespread adoption of electric bikes in Pakistan, contributing to sustainable transportation solutions for the nation. In this partnership announced here, Meezan Bank has pledged to extend Shariah-compliant financing options for electric bikes to …

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International News

China-Pak crop pest management seminar held in Chengdu

By Editor Economic Watch
September 26, 2023
in :  International News

BEIJING, Sept 26 (INP): A China-Pak crop pest management seminar was held in Chengdu, China Economic Net (CEN) reported on Tuesday. It was aimed at strengthening the mutual learning and cooperation between China and Pakistan in the fields of crop pest management technology, prevention and control measures and management standards. The seminar on Methods and Standards of Crop Pest Management in …

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Business

Circular Debt Trap

By Editor Economic Watch
September 26, 2023
in :  Business

By Syed Asif Salahuddin The power sector’s circular debt has accumulated to approximately US$8.3 billion due to inefficiencies and inability to recover the costs incurred on power generation. In Pakistan’s ongoing battle to stabilize the energy sector, the government has taken a significant step by allocating Rs450 billion for power sector subsidies in FY2023-2024, up from Rs350 billion in the …

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International News

Xinjiang Grand Bazaar reflective of neat blend of tradition and innovation

By Editor Economic Watch
September 26, 2023
in :  International News

URUMQI, Sep 26 (INP): The rhythmic beats of the Naghra kettledrum reverberate through the air as a Uyghur musician, dressed in a blue robe, strikes the drum with practiced taps. His red-robed companion plays a lively melody on the suona, the music drifting through the entrance of a newly opened fruit themed supermarket. Drawn to the vibrant sounds, a twenty-something passer-by joins the duo for an impromptu traditional Xinjiang dance, China Economic Net (CEN) reported on Tuesday. Established in 2003, the Xinjiang Grand Bazaar spans an expansive 100,000 square metres with more than 3,000 stores. The bazaar has increasingly become a tourism hot spot, with a daily visitor count exceeding 120,000 and surpassing 150,000 over the weekends since this August. Behind this uplifting development is that the bazaar goes beyond its role of a marketplace to showcase the region’s unique architectural, culinary and cultural traditions, and its innovation capabilities. At the entrance of the Xinjiang Grand Bazaar lies an 80-metre dome-roofed sightseeing tower. Adopting traditional Uyghur architectural design, the two-storey platform offers a panoramic view of the entire bazaar and its surrounding area. “I just love this tower. It has an amazing appearance, and it provides so unique a view,” Mr Liu, a visitor from China’s coastal city of Hangzhou told China Economic Net (CEN) reporter. To promote the culture of naan, a traditional Xinjiang flatbread that resembles a pizza without sauce, a naan-themed museum was established. The museum educates visitors about the history of naan bread, the different types of naan across Xinjiang and the raw materials and tools for naan making. Also highlighted at the bazaar are traditional culinary delights such as Kao Bao Zi (meat-filled baked buns) and Xinjiang lamb skewers and traditional dance and music performances. Building on the cherished traditional elements, the bazaar has also explored new avenues for development. The first way is to combine cultural elements with contemporary designs to develop a range of creative tourism and culinary products. For example, in 2020, the bazaar partnered with a tourism company based in Fujian to craft official merchandise featuring silk apparel, hats, and scarves, and traditional Uyghur musical instruments. The bazaar has also engaged the Belt and Road Initiative (BRI) …

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International News

China-Pak crop pest management seminar held in Chengdu

By Editor Economic Watch
September 26, 2023
in :  International News

BEIJING, Sept 26 (INP): A China-Pak crop pest management seminar was held in Chengdu, China Economic Net (CEN) reported on Tuesday. It was aimed at strengthening the mutual learning and cooperation between China and Pakistan in the fields of crop pest management technology, prevention and control measures and management standards. The seminar on Methods and Standards of Crop Pest Management in …

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International News

Balochistan media delegation visits Beijing and Qingdao

By Editor Economic Watch
September 25, 2023
in :  International News

QINGDAO, Sept 25 (INP): With the support of the Chinese Embassy in Pakistan, an 11-member media delegation from Balochistan, a province in southwestern Pakistan, embarked on a visit to China’s capital city, Beijing, and the picturesque coastal city of Qingdao. The visit aimed to strengthen bilateral ties between Pakistan and China, as well as foster cultural exchanges and explore opportunities …

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International News

Gwadar delegation appreciates China’s development and modernization efforts

By Editor Economic Watch
September 25, 2023
in :  International News

Islamabad Sep 25 (INP): A 10-member delegation from Gwadar recently returned from a visit to China, where they observed the country’s development and modernisation efforts. The group expressed appreciation for China’s development and its neighborhood diplomacy approach of building friendly ties. The delegation emphasised that Pakistan’s long-standing friendship with China has support across political affiliations and society. The group, comprising …

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International News

Pakistani athletes receive warm welcome in Hangzhou

By Editor Economic Watch
September 25, 2023
in :  International News

HANGZHOU, Sep 25 (INP): The Pakistani contingent received a rousing applause as they entered the Hangzhou Olympic Sports Centre Stadium for the opening ceremony of the 2023 Asian Games. The enthusiastic welcome was seen as a sign of friendship and respect for the Pakistani athletes, who have a long tradition of sporting excellence at the Asian Games, Gwadar Pro reported …

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