BEIJING, Mar 7 (EW): Consulate General of Pakistan in Shanghai, Hussain Haider on Monday called upon Chinese entrepreneurs and investors to explore the potential of Pakistan’s shoe leather industry. “Pakistan is rich in leather raw materials, synthetic leather materials, machinery and other related products. I hope that Chinese entrepreneurs can see the development potential and invest in our shoe …
KARACHI, Mar 7 (EW): Pakistan’s s textile exports plunged a massive 28 percent to stand at $1.2 billion in February this fiscal compared to $1.67 billion in the corresponding month of last fiscal, the leading textile body of the country reported on Monday. The provisional figures released by the All Pakistan Textile Mills Association (APTMA) showed the dismal picture …
ISLAMABAD, Mar. 7 (INP): “After the successful commercial operation of EPTL 2x330MW Power Plant on 10th July 2019, TEL Power Plant on 1st October 2022 and ThalNova Power Plant on 17th February 2023, the three power generation facilities in Thar Block-II are fully capable of generating gross output of 1,320MW to promote power utilization in Pakistan.” This was stated …
ISLAMABAD, March 7 (INP): Recently, Wenzhou Council for the Promotion of International Trade (WCPIT) organized a video conference on shoe leather industry, aiming to encourage Wenzhou’s export-oriented enterprises to invest in Pakistan and promote in-depth and effective cooperation between China and Pakistan. Hussain Haider, Consul General of the Consulate General of Pakistan in Shanghai, addressed the event, believing that …
BEIJING, Mar. 6 (INP): One of China’s most important political activities “Two Sessions” is going on in Beijing. The world is focusing on what goals China sets for this year and what new plans announced. According to China Economic Net (CEN), Pakistani experts appreciated the work report presented at the first session of the 14th National People’s Congress on …
The rupee gained further ground against the US dollar as Pakistan was able to secure $500 million from the Industrial and Commercial Bank of China (ICBC) and the expectation of striking a deal with the International Monetray Fund (IMF). The local currency gained by Rs3.46 against the greenback in the interbank market during the intraday trade. The local unit …
BEIJING, March 6 (INP): China overcame economic challenges and achieved hard-won feats in 2022, with a steady GDP growth of 3 percent, Gwadar Pro reported on Monday quoting an official statistical statement released by China’s national bureau of statistics. As per the statement, China’s GDP hit a record high of RMB 121 trillion in 2022, surpassing the thresholds of RMB …
BEIJING, Mar. 6 (INP): China remains Pakistan’s largest trading partner during the first quarter of the ongoing fiscal year 2022-23 and the leading investor in Pakistan in the first five months of FY 2022-23, contributing 23.83%, or $102.5 million to its FDI. It is expected as special economic zones (SEZs) under the umbrella of CPEC are being established, they will …
BEIJING, Mar. 6 (INP): “From 2013 to 2022, the volume of trade in goods between China and BRI countries has doubled from US $1.04 trillion to US $2.07 trillion, with an average annual growth rate of 8%”, said Mr. Chen Chunjiang, Assistant Minister of Commerce, China said in a press conference held here, according to Gwadar Pro. In the …
ISLAMABAD, Mar. 6 (INP): “China can transfer its technology and equipment to Pakistan to promote the upgrading of Pakistan’s steel industry,” said Li Sheng, General Manager of the Pakistani Branch of China First Metallurgical Group Co., Ltd. in an interview with Gwadar Pro. Li added, “with China’s transfer of technology and equipment, Pakistan’s steel industry can be more concentrated …
