Islamabad, May 29 (lNP): During Texpo 2023 Two Chinese enterprises signed deal of $10 mln with Pakistan textile giant. The collaboration between these two industry leaders is expected to have far-reaching implications for both countries and further strengthen their bilateral trade relations. Muahmmad Irfan, Commercial Counsellor at the Consulate of Pakistan in Guanzhou, told China Economic Net that the Chinese …
Islamabad, May 29 (INP): China-Pakistan infrastructure construction is leading to fruitful achievements, mainly because of China State Construction Engineering Corporation (CSCEC) which entered the Pakistani market in 1984 long before CPEC. Many major projects in Pakistan have been constructed by this company, which showed the quality and professionalism of this corporation, according to an article carried by Gwadar Pro on Monday. The CSCEC has built five thermal power plants in Pakistan and these projects include Jamshoro, Faisalabad, Lakhala, Kotri and Mustafa Go. Thanks to these thermal power plants, two million watts of electricity capacity has been increased in Pakistan. Along with the construction of these thermal power plants, in the mid-1990s, this corporation completed a huge project in the Sindh province. Karachi, as the largest densely populated city in Pakistan, in which the big and long-standing problems is sewage treatment. Thus, CSCEC played a key role in solving this problem and by building the Karachi Sewage Treatment Plant, the positive effects are permanently seen on the urban life of Karachi. A very important factor in the economic relations between China and Pakistan is the defense cooperation between the two countries. The JF Seventeen Thunder aircraft is most important for Pakistan in terms of its defense needs and the interesting thing is that the same company is credited with construction of factory at the place where the aircraft is manufactured. This factory is located in the famous Airbase Kamra of Pakistan. Similarly, another indispensable project was completed in Islamabad. The passenger terminal building of Islamabad International Airport has been constructed by the same company, while a large business center named Centaurus is standing in Islamabad and the construction of this business center is also a proof of the technical skills of the same company. In Lahore, the famous tallest building in the city – Arfa Karim IT Tower is also a masterpiece of the same enterprise. The building is named after a teenage girl who is a Pakistani IT luminary and the youngest Microsoft Certified Professional. Unfortunately, she died at a very young age, so people use this building as a memorial to her. While the largest economic cooperation project between Pakistan and China CPEC, the largest transportation infrastructure project of CPEC PKM (Sukhar Multan Section) construction contract was also awarded to the same corporation in 2015. The past record of CSCEC is a witness that whatever contract they have signed, they have completed the contract according to the spirit of the contract. It should be kept in mind that it is very impressive thing to find such a large project in CPEC. The need is that the expertise of this corporation should be continuously benefited in CPEC and other ongoing construction projects in Pakistan and the Pakistani government and businessmen should ensure that all bills should be paid on time and in this regard, it should be protected from any pretext that the bureaucracy usually adopts. What must be clear is high level of professionalism of thiscompany has brought great benefits to the China-Pakistan Economic Corridor and many ongoing construction projects in Pakistan. Naturally, Our Pakistani government and business community should ensure that when we do business with such a company, the funds come in on time, while protecting it from the bureaucratic influence that affects the functioning of the economy. Information in this article comes from third party providers. This website does …
Islamabad, May 29 (INP): Expertise and CPEC to boost Pakistan’s Chemical industry, Gwadar Pro reported on Monday quoting experts. China is currently a world leader in terms of the chemical industry, and it saw a significant increase in investment and exports last year. According to Professor of H.E.J. Research Institute of Chemistry, China has emphasised the advancement of the cracking industry, …
ISLAMABAD, May. 28 (INP): Pakistan is all set to export juicy cherries to China in the coming weeks as the harvesting season started in the country. A 14-member Chinese business delegation visited Gilgit-Baltistan where they signed multiple memorandums of understanding (MoUs) this week to facilitate cherry trade, according to a report published by Gwadar Pro on Sunday. The delegation assessed the local cherry production, and inspected cherry orchards, packing units, and cold storage facilities, aiming to explore the potential of importing cherries to Chinese markets, said an official statement. Pakistan and China have also launched two new air cargo routes to strengthen connectivity between the two countries. The new routes will link Nanning, the capital of China’s Guangxi autonomous region, with the Pakistani cities of Karachi and Lahore. These flights aim to facilitate the transportation of Pakistani fruits and seafood to China while also delivering Chinese clothing accessories and other goods from Nanning to the Pakistani market. This year, the cherry farmers anticipate doubling their incomes and profits as China has indicated opening its doors to importing cherries for the first time from Gilgit-Baltistan (GB) which shares borders with China, added the statement. Mohammad Ali Quaid, the special assistant to the GB chief minister, said that the key approval would come from the Chinese quarantine department which is planning a visit to GB to pave the way for exports. Export of cherries from Pakistan to China would commence once all necessary procedures are met. China is the leading importer of cherries with imports valued at $2.66 billion in 2021, according to data from the Observatory of Economic Complexity (OEC). In recent years, cherry has emerged as GB’s main cash crop. Around 8,000 metric tonnes of cherries are harvested each year in the scenic region, generating around Rs700 million in revenue annually, according to Javed Akhtar, deputy director at GB’s agriculture department. The cherry season spans from May to July. Some of the cherry varieties grown in the region are Bing, Chelan, Rainier, Lepin and Tulare, according to a government study. Hazif ur Rehman, project director of Khashal Cherry Farm in Gilgit-Baltistan’s Ghanche district, is hopeful that the market access to China will be “much more beneficial for local farmers” due to GB’s proximity to the world’s largest cherry market and the perishable nature of the fruit. Besides GB, the other major cherry-growing region of Pakistan is the Balochistan province.
BEIJING, May 28 (INP): Chinese enterprises in Pakistan have made important contributions to local sustainable development while actively improving people’s livelihood, an eight- member delegation organized by the Chinese Consulate General in Lahore said during a visit to the headquarters of PKM contractor China Construction Third Engineering Bureau (CCTEB), Gwadar Pro reported on Sunday. Xiao Hua, General Manager, CCTEB welcomed the Pakistani media and think tank delegation and briefed the delegation on the development of the company in Pakistan and the story of construction of PKM project. He highlighted that as one of the …
Islamabad, May 28 (INP): Researchers and experts from across the country have been invited in two-days international conference to explore the transformative dimensions of the China-Pakistan Economic Corridor (CPEC). CPEC Secretariat at Ministry of Planning, development & special initiatives in Collaboration with the Embassy of China in Pakistan and Higher Education Commission (HEC) are organizing an International Conference here …
ISLAMABAD, May 28 (INP): Speakers at a seminar held here said that the current era was witnessing the rise of China and the ‘Asian Century’ for the well-being of the people. The seminar was organised by China Pakistan Study Centre (CPSC) at the Institute of Strategic Studies Islamabad (ISSI) on China’s “Global Development Initiative.” The speakers noted that the initiative …
Islamabad, 28 (INP): The cotton and leather sectors in Pakistan are set to receive a much-needed boost from Guangzhou enterprises, as Chinese entrepreneurs have expressed interest in investing in these sectors during a meeting with the Secretary of Commerce and the Secretary of the Trade Development Authority of Pakistan (TDAP). Representatives from Chinese enterprises in Guangzhou met with Muhammad …
KARACHI, May 27 (INP): The TEXPO 2023 fashion show in Karachi was a remarkable event, showcasing the best of Pakistani design and textiles to the international audience. This event was organized by the Trade Development Authority of Pakistan (TDAP) Gwadar Pro reported on Saturday. A Chinese citizen Zhang from Guangzhou told China Economic Net that the fashion show highlighted …
BEIJING, May 27 (INP): To celebrate the China-Pakistan Year of Tourism and Exchanges, a two-day Pakistan cultural feast was held here on Saturday by the Embassy of Pakistan, China Economic Net (CEN) reported. Hosted by the Embassy and organized by Jinshang Group, the event – depicting Pakistan and showcasing Pakistan’s beauty, landscapes, culture, food, cuisine, art – attracted a …
