Karachi Super Mini Truck Plant: A New Era for Pakistan-China Cooperation
In a significant step toward industrial growth and technology transfer, the Government of Sindh has announced the launch of a Super Mini Truck assembly plant in Karachi, in collaboration with Chinese investors. The announcement was made by Sindh’s Senior Minister Sharjeel Inam Memon during the unveiling ceremony of the Super Mini Truck in Bozhou, China. […]
Pakistani Food Exporters Tap Chinese Market at SIAL Shanghai 2025
Eleven Pakistani food and beverage companies are participating in SIAL Shanghai 2025, Asia’s premier food exhibition, held from May 19 to 21. The event, spanning 200,000 square meters, features 5,000 exhibitors from 75 countries, showcasing 350,000 food products. Pakistan’s participation is organized by the Trade Development Authority of Pakistan (TDAP) and the Consulate General of […]
Pakistan’s IMF Negotiations: Key Demands & Fiscal Changes
As negotiations between Pakistan and the International Monetary Fund (IMF) progress concerning the upcoming fiscal year’s budget, the Pakistani government has agreed to several of the IMF’s key demands. These include the withdrawal of tax exemptions previously granted to the former Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA). The two sides […]
China Tops Pakistan’s Foreign Investment Chart in FY2024–25
China invested $711.3 million in Pakistan Between July 2024 and April 2025, making it the country’s top foreign investor, according to data released by the State Bank of Pakistan (SBP) on May 17. The investment flowed into key areas such as finance and energy, highlighting China’s growing economic partnership with Pakistan even as overall foreign […]
More Features, Less Price: Why Pakistani Buyers Are Turning to Chinese Cars
Islamabad— In a small but bustling showroom in Islamabad, Mohammad Zeb Mushtaq gestures toward a gleaming Changan Alsvin sedan. As Sales Manager at Changan Islamabad for the past four years, he’s witnessed firsthand the evolution of Pakistani consumers’ attitudes toward Chinese automobiles. “If you compare Toyota or Honda, the difference between our full option sedan […]
A new National Agri-Trade and Food Safety Authority approved, older ones scrapped amid concerns over provincial autonomy
The President of Pakistan has issued an ordinance to establish the National Agri-Trade and Food Safety Authority (NAFSA), a new body aimed at centralizing food safety and agricultural trade functions. The initiative consolidates the Department of Plant Protection (DPP) and the Animal Quarantine Department (AQD) into a single authority to enhance efficiency and regulatory coordination. […]
PM Shehbaz Announces $700 Million Foreign Investment in Pakistan’s IT Sector
Prime Minister Shehbaz Sharif on Tuesday celebrated a significant influx of foreign investment, with approximately $700 million in new pledges for Pakistan’s information technology sector. He urged global partners to continue supporting the nation’s digital transformation as Pakistan positions itself to lead the global digital economy. Speaking at the Digital Foreign Direct Investment (DFDI-2025) conference, […]
Afghan pine nuts and dried apricot got wholesale orders on CIIE
Beijing, November 6 – China International Import Expo (CIIE) began on November 5 in Shanghai, China. A unique booth in the corner of the food and agricultural products section drew a large number of customers. Yousof Sadat, an Afghan exhibitor on the CIIE who speaks fluent Chinese, stated, “This is the first time we’ve participated […]
Forex reserves increased to $8.9 billion
According to figures issued by the State Bank of Pakistan (SBP) on Thursday, the central bank’s foreign exchange reserves increased by 19.7% week over week. The SBP’s foreign exchange holdings were valued at $8,912.9 million on October 28—an increase of $1,473 million from the $7,439.9 million figure on October 21. According to SBP, the $1,500 […]
Chinese businesses will spend $200 million in Punjab
At their meeting with Punjab Chief Minister Ch Parvez Elahi on Monday, the Chinese team, led by Mr. Gao Qiang, vice president of Sinovac Global, stated a desire to invest $200 million in Punjab. The Chinese corporation will invest roughly Rs. 45 billion in Punjab to build a factory to produce plasma medicinal items. Additionally, […]