BEIJING, Aug 20 (INP): The General Administration of Customs of China (GACC) has officially approved the import of dried chillies fromPakistan, marking a notable development in the trade relations between the two countries. This decision, detailed in a protocol released on August 10, outlines the phytosanitary requirements for Pakistani chillies. The approval specifically pertains to chillies from the Capsicum …
BEIJING, Aug 18 (INP): Between January and July of 2023, Chinese enterprises made non-financial direct investments totaling RMB 95.34 billion in Belt and Road countries, showcasing a robust 23.2% surge compared to the previous year. This growth, which translates to around USD 13.69 billion (a 15.3% year-on-year hike), accounts for nearly a fifth of the overall investment during the …
Islamabad, August 17 (INP): The participation of over 200 Chinese businessmen in Pakistan’s first International Food and Agriculture Exhibition Karachi shows China’s great interest in Pakistan’s agro products and their exports to China. The largest participation from China was confirmed by the Ambassador of Pakistan to China Moin ul Haque in a recent tweet. The ambassador termed it as …
Islamabad, Aug. 17 (INP): In a development for Pakistan’s transportation sector, a joint venture between Chinese and Pakistani companies is set to commence production of electric two-wheelers and three-wheelers, commonly known as rickshaws in the country. The collaboration is expected to bring about positive changes in the local market, reducing carbon emissions and promoting eco-friendly transportation options, China Economic Net …
KARACHI, Aug. 16 (INP): An eye-catching array of red, white and yellow dragon fruit products artfully arranged on tables created a visually stunning display at Pakistan’s first international food and agriculture exhibition titled FoodAg 2023 at Expo Centre Karachi. Fresh dragon fruits, carefully selected for their size and quality, invite visitors to experience their exotic allure. Setting up an …
ISLAMABAD, Aug. 16 (INP): In the inaugural month of fiscal year 2023-24, Pakistan’s exports to China surged by 35.1%, reaching a total of US$ 168.5 million. This marked a substantial growth compared to the same period in the previous year, where exports amounted to US$ 124.7 million. These figures, sourced from the Trade Development Authority Pakistan (TDAP)’s most recent …
ISLAMABAD: Pakistan’s large-scale manufacturing (LSM) sector contracted by 10.26% in the fiscal year of 2022-23, as almost all major industries reported substantial declines, official data showed on Tuesday, according to The News. The LSM sector, which accounts for about 80% of the country’s industrial output, shrank for the 12th consecutive month in June, by 14.96% year-on-year, though, over May 2023, it …
KARACHI, Aug 13 (INP): In a development for Sino-Pak trade and agricultural cooperation, Pakistan’s Dynamic Engineering & Automation and China’s Qingdao Lulu Agri. Equip. Co., Ltd signed an MoU here to carry out a project to processing chilies in Pakistan for export to China. The signing ceremony was witnessed by Ghulam Qadir, Commercial Counsellor, Pakistani Embassy in China, Qamar …
Islamabad, August 12 (INP): “From this year to the next, we plan to promote 1.2 million acres of hybrid canola. 500,000 tons of high-quality cooking oil and 1 million tons of high-quality rapeseed meal are expected to be produced, which can generate a revenue of around USD300 million,” said Zhou Xusheng, Director of the international business department of Wuhan Qingfa-Hesheng Seed company of China. At …
ISLAMABAD, Aug 10 (INP): The Institute of Plant Protection, Chinese Academy of Agricultural Sciences (IPPCAAS), and the Department of Entomology at the University of Agriculture have signed an agreement in Beijing to establish the Pakistan-China Joint Research Facility for ‘Trim Brother Administration.’ The ceremony took place at IPPCAAS. The letter of intent was duly signed by IPPCAAS Executive Director …
