BEIJING, Feb. 27 (INP): Chinese team’s hybrid wheat demonstration fields in Pakistan have been maintained at about 3,000-5,000 hectares. “From Peshawar and Islamabad in the north, Lahore in the center to Karachi in the south, our hybrid wheat has performed well in all the major producing regions”, said Prof Zhao Changping, Chief Scientist of Hybrid Wheat Research Institute, Beijing Academy …

  ISLAMABAD, Feb. 27 (INP): Pakistan’s “Oil Refinery Policy 2023” has finally been presented to the Cabinet Committee for approval in the form of a draft. This development marks a significant step towards the planned establishment of an oil refinery plant worth US$4.5 billion by a Chinese company in Gwadar, as well as the construction of an oil refinery plant …

  BEIJING, Feb. 24 (INP): In a move to promote China-Pakistan modern agricultural cooperation, a framework agreement on Belt and Road agricultural cooperation was signed at the China-Pakistan Symposium on Modern Agriculture Cooperation at Northwest A&F University, China. According to China Economic Net (CEN), the agreement was signed by the Northwest A&F University, China National Machinery Industry Corporation (SINOMACH), and …

  ISLAMABAD, Feb.24  (INP): Pakistan has received US$ 200.2 million as Foreign Direct Investment (FDI) from China in the first seven months of the current Fiscal Year 2022-23, Gwadar Pro reported on Friday quoting the Board of Investment (BOI). China accounts for 29.3% of the total US$ 683.5 million in FDI received by Pakistan in the current fiscal year 2022-23. Chinese …

  ISLAMABAD,  Feb 22 (INP): The Board of the China Development Bank (CDB) has approved the disbursement of $700 million for Pakistan, said Federal Minister for Finance and Revenue Ishaq Dar on Wednesday. “Formalities completed and Board of China Development Bank has approved the facility of $700 million for Pakistan,” Dar announced in a post on Twitter. “This amount is …

  BEIJING, Feb. 21 (INP): Pakistan’s seafood exports to China have increased by 42% in 2022 compared to the previous year. This is due to the rising demand for seafood products in China, said Ghulam Qadir, Commercial Counsellor of Pakistan’s Embassy in Beijing, China Economic Net (CEN) reported on Tuesday. Ghulam Qadir said that Pakistan’s seafood exports to China topped …

  BEIJING, Feb. 21 (INP): Pak-China desert locust control coop protect food security in Pakistan, China Economic Net (CEN) reported on Tuesday. The report quoted Mir Gul Muhammad, a farmer in Balochistan who cultivated around 20 hectares of cotton crops and almost all of them have been eaten. It is a loss of around 10 million rupees. Mir Gul said, it will …

  Beijing, Feb. 17 (INP): Pakistan’s rice export to China in 2022 surpassed USD 455 million with a volume of more than one million tonnes, for the first time between China-Pakistan rice trade, said Ghulam Qadir Commercial Counsellor at Pakistan’s Embassy Beijing, Gwadar Pro reported on Friday. Ghulam Qadir indicated that according to the General Administration of Customs of the …

  ISLAMABAD, Feb.12 (INP): China Harbour Engineering Company Ltd (CHEC) is all set to start de-silting operations at Gwadar Port to reclaim 14.5 meters of natural and original operational depth of Gwadar Port at a cost of Rs 4.7 billion. According to Gwadar Pro, it is a high-octane CPEC project that finally makes its headway at a watershed moment of …

  KARACHI, Feb 9 (EW):  For the second straight session, the local currency on Thursday appreciated against the dollar amid news that the International Monetary Fund (IMF) would hand over the draft memorandum of economics and financial policies (MEFP) to Pakistan today. During intra-day trade, the rupee appreciated by 4.83 against the dollar in the interbank market. The greenback is …