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Home Business (page 19)

Business

FDI from China surged to $ 319.2 million in first 9 months, 2022-23

By Editor Economic Watch
in :  Business
4 May 2023

FDI from China surged to $ 319.2 million in first 9 months, 2022-23 ISLAMABAD, May 4 (INP): Pakistan has received $319.2 million as Foreign Direct Investment (FDI) from China in the first nine months of Fiscal Year 2022-23, according to the Board of Investment (BOI) Pakistan’s data. The latest official data shows that during February and March 2023, Pakistan received …


Pakistani entrepreneurs excel at Canton Fair exhibition

By Editor Economic Watch
in :  Business
3 May 2023

  GUANGZHOU, May 2 (INP): Pakistani entrepreneurs excelled at Canton Fair exhibition, Gwadar Pro reported on Tuesday. The Canton Fair is a prestigious event for businessmen from all over the world, and Pakistani enterprises have shined in the exhibition for years. This year was no exception, as Pakistani businessmen demonstrated their innovative products and services to an international audience, said Sardar …


China’s Chongqing city leading the trends of economic development

By Editor Economic Watch
in :  Business
3 May 2023

    Chongqing (INP ) : One of the biggest cities in the world, an exciting metropolis Chongqing has gained an annual GDP growth rate of at least 10 percent for well over a decade. It was learnt on the marvelous visit arranged by China NGO Network for International Exchanges for a wide range of delegation belonging to different countries. …


Pakistani sesame export to China over 150,000 tons in recent year

By Editor Economic Watch
in :  Business
3 May 2023

  BEIJING, Apr. 29 (INP): “Since being allowed to be exported to China, Pakistani sesame has seen its export surging from over 100,000 tons in 2020 to 150,000 tons in 2021. While the devastating floods in 2022 substantially reduced its exports, it is expected to have a bumper harvest as there had been an increase in seeding by 25% since …


Farm machines at Canton Fair attract Pakistani buyers

By Editor Economic Watch
in :  Business
3 May 2023

  BEIJING, Apr. 27(INP): During the 133rd China Import and Export Fair, also known as Canton Fair, a section for agricultural machines attracted a lot of Pakistani buyers, according to China Economic Net (CEN). Electric trolley is one of the devices that interest visitors the most. “It can carry more weight, and it is auto-controlled. The traditional trolley we use …


China-made Chery accelerates green travel in Pakistan

By Editor Economic Watch
in :  Business
26 Apr 2023

  Beijing, Apr. 26. (INP): “As Chery continues to amplify its presence in Pakistan, apart from providing new generation automotive products and technologies to Pakistani customers, Chery is also striving to play an active role in protecting the environment and building a greener Pakistan,” said Song Huaifu, deputy country director of Chery Automobile in Pakistan. During Chery’s 2023 Global Dealer …


Pak-China collaboration advances Pakistan’s automobile transition

By Editor Economic Watch
in :  Business
26 Apr 2023

  Islamabad, April 24 (INP):  At the ongoing Automobile Shanghai 2023, global industry visitors are awestruck by the dizzying array of the latest vehicle models, experience various functions and learn about advanced technologies. According to Gwadar Pro on Monday,  Nayyer Chaudhary, who has more than 20 years of experience working with China, noticed the growth of intelligentization and modernization of …


Pak-China hybrid rice collaboration to safeguard food security: Chu Linfeng

By Editor Economic Watch
in :  Business
20 Apr 2023

  BEIJING, Apr. 20 (INP): “Up to now, our stable annual supply of fine varieties has exceeded 4,000 tons in Pakistan, accounting for more than 40 percent of local hybrid rice seed market,” Chu Linfeng, Deputy General Manager of the Anhui Winall Hi-Tech Seed Co., Ltd., told China Economic Net in an interview, with pride. The annual early-maturing rice planting …


Energy Corridor project in the offing

By Editor Economic Watch
in :  Business
20 Apr 2023

  ISLAMABAD, April 20 (INP): A major multipurpose Gwadar thoroughfare branded as “Energy Corridor” along Eastbay Expressway is all set to be constructed under the framework of Gwadar Smart Port City Master Plan. According to Gwadar Pro, the Energy Corridor will be a long and straight pathway that is designed to facilitate the installation of underground power transmission lines reaching …


Chinese investors a key role in Pakistan’s RE sector: Chairman NEPRA

By Editor Economic Watch
in :  Business
20 Apr 2023

  ISLAMABAD, Apr. 19 (INP): “Chinese investors play a pivotal role in supporting Pakistan in its journey to privatise distribution and modernise transmission,” said Tauseef H. Farooqi, Chairman of National Electric Power Regulatory Authority (NEPRA). Addressing a webinar on accelerating Chinese investment in the renewable energy market in Pakistan, the chairman pointed out that renewable energy is an inexhaustible source of green …


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