Pakistan’s Political Parties Must Hammer Out Rifts On CPEC: China
Islamabad: China on Saturday said that relevant political parties in Pakistan must develop a consensus, forge unity and fix their differences, strengthen communication and coordination on the China-Pakistan Economic Corridor to create favorable conditions for the corridor. A spokesman of the Chinese Embassy here in a statement said on Saturday: “China-Pakistan Economic Corridor is the […]
Chinese firm to develop Pakistan’s key hydro project
A Chinese state-owned power company will develop a major hydro-power project in Pakistan as part of the implementation of $ 46 billion China—Pakistan Economic Corridor connecting the two countries through Azad Kashmir. Three Gorges Corporation (CTGC) will develop the Kohala Hydropower Project, the firm’s biggest investment in the Pakistani hydropower market. It is expected to […]
Pak-China have a shared future: Chinese FM
Islamabad: Prime Minister Muhammad Nawaz Sharif met Chinese delegation led by H.E Mr Wang Yi, Foreign Minister at PM House today. The Chinese Foreign Minister said that China and Pakistan have a shared future and China Pakistan Economic Corridor (CPEC) is the largest comprehensive project with any foreign country. ‘Pakistan and China are partners in […]
Pakistan, China to develop e-corridor for greater connectivity
Islamabad: Pakistan and China on Tuesday agreed to develop an e-corridor to establish greater connectivity in the region, keeping in view importance of the China Pakistan Economic Corridor (CPEC). Both the sides agreed when a high-level Chinese delegation led by China Investment Promotion Centre Chairman Yan Lijin called on State Minister for Information Technology and […]
China, Pakistan to adopt zero tolerance policy against corruption in CPEC
By Mian Abrar Islamabad:China on Wednesday made public its intention to bring under strict scrutiny all projects being implemented vis-à-vis the China-Pakistan Economic Corridor (CPEC) with China’s Anti-corruption watchdog Vice Minister Liu Jianchao saying that strict vigilance would be applied in execution of all the projects of CPEC. “Corruption is not only a threat to […]
CPEC made part of China’s 13th five-year development plan:Chinese Ambassador
By Muhammad Asghar Islamabad: China has made the historic China Pakistan Economic Corridor (CPEC) initiative as part of its 13th five-year economic and social development plan for the year 2016-2020. The leaders of the Communist Party of China (CPC) have approved proposals for the plan at the fifth plenary session of the 18th Communist Party of China Central […]
China vows support for CPEC security
ISLAMABAD: China has pledged to support Pakistan on the security of China-Pakistan Economic Corridor. “We look forward to close cooperation with Pakistan to ensure proper management and security of the CPEC,” Vice Chairman of Central Military Commission of China Gen Fan Changlong was quoted by ISPR as telling Army Chief Gen Raheel Sharif during a […]
Pakistan,China committed to safeguard their common interests in region: Chinese Ambassador
Pakistan and China have decided to uplift their strategic and economic cooperation through various projects, Chinese Ambassador, Sun Weidong said in an interview in Islamabad on Monday adding that regional peace is key to economic and social development in South Asia. He said Pakistan and China are committed to safeguard their common interests in the […]
AIIB’s first batch of projects to be launched in 2016: Jin Liqun
Beijing, Oct 22: Asian Infrastructure Investment Bank (AIIB), a China-initiated multilateral new financial institution, is a complement rather than a rival to existing financial institutions, Jin Liqun, president-elect of the AIIB, said while speaking at a seminar organized by the U.S. Brookings Institution in USA. He said the prospective founding members of AIIB are drafting […]