ISLAMABAD Apr. 5 (INP): “Pakistan has been exporting cotton and yarn to China for 40 to 50 years and we are trying to develop exports of fabrics and ready-made garments,” said Usman Saeed, head of the China operations of a 38-year-old Pakistani textile company. Talking to Gwadar Pro at the Intertextile Expo held in Shanghai, Usman said the international …
The Pakistani rupee registered a significant loss against the US dollar, depreciating nearly 1% during the early hours of trading in the inter-bank market on Tuesday. At around 10:15am, the rupee was being quoted at 287.90, a decrease of Rs2.86 against the US dollar in the inter-bank market. A day earlier, the rupee remained under pressure against the US …
ISLAMABAD, April 3 (INP): Economies of Pakistan and many other countries are excessively burdened because their currencies are pegged with the US dollar. According to a report carried by Gwadar Pro on Monday de-dollarization is a critical solution of it for developing countries. It was contended that as nations grapple with the impact of sanctions, shifting trade patterns, and …
BEIJING, April 3 (INP): Fashionable sportswear made in Pakistan has become one of the most attractive sights at Intertextile Spring/Summer Shanghai Apparel and Fabrics Exhibition. According to Gwadar Pro, a large number of visitors are dazzled by a wide variety of fabrics and garments from all over the world. Daisy Di, sales and marketing director of a Chinese fabric …
BEIJING, April 2 (INP): Pakistan is one of the leading countries to use RMB for international trade settlement, according to China Economic Net (CEN). Last November, People’s Bank of China (PBOC) signed a memorandum of cooperation (MOC) on establishing RMB clearing arrangements in Pakistan, with Karachi Branch of the Industrial and Commercial Bank of China (ICBC) acting as the RMB …
ISLAMABAD, Mar. 31 (INP): Chinese automobile brand Chery and its local partner Ghandhara Nissan Ltd and Ghulkin Winter Club are actively engaged in promoting winter sports in Pakistan, Gwadar Pro reported on Friday. Chery’s support for sports in Pakistan extends far beyond ice hockey. Syed Fakhar Ali Shah, President of Pakistan Baseball Association, appreciated Chery Pakistan and Ghandhara Nissan …
BEIJING, Mar. 29 (INP): China will keep providing first-class platform for Pakistani furniture enterprises, Gwadar Pro reported on Wednesday. China’s furniture industry integrates R & D, design, manufacturing, marketing and service, with modernization and scale. Large-scale industry exhibitions in China provide an advanced learning platform for Pakistani enterprises, said Ali Ansar Ghumman, ex-chairman of All Pakistan Furniture Maker Association (APFMA) …
ISLAMABAD, March 27 (INP): The Sustainable Development Policy Institute (SDPI) and World Wildlife Fund (WWF)-Pakistan signed a Memorandum of Understanding (MoU) to protect environment in CPEC-related projects, Gwadar Pro reported on Sunday. It will help strengthening research, technical support and policy influencing to take into consideration the ecological, biodiversity protection and environmental concerns in development projects under the CPEC. …
ISLAMABAD, March 27 (INP): The Gansu Academy of Agricultural Sciences and Sindh Agricultural University signed a memorandum of understanding for the China-Pakistan flax research and innovation hub. “Our new flax varieties, the Longya series, are all selected according to the climate conditions of dry with little rainfall in Northwest China. In the planting experiments, the yield is generally more …
ISLAMABAD 24, (INP): Gwadar Fisherman have lauded China donated Solar Systems amid power failures, according to Gwadar Pro. “We no longer have a problem with power breakdowns as China’s solar systems continue to provide service to the people of Gwadar,” said Abdul Rashid, a fisherman and resident of the Gazarwaan area near Masjid-e-Aqsa in Gwadar’s old city. Abdul Rashid …
