In the months of July through September, Pakistan’s top trading partner is still China
ISLAMABAD- China remained Pakistan’s top commercial partner for the first quarter (July-September) of the current fiscal year (2022-23) despite a 30.67% fall in bilateral trade, according to the Ministry of Commerce. According to data, the volume of bilateral commerce decreased to $3.952 billion in Q1 of the current fiscal year from $5.701 billion in Q1 […]
CPEC: The 11th JCC conference will cover the key economic sectors
ISLAMABAD: The 11th Joint Cooperation Committee (JCC) of the China-Pakistan Economic Corridor (CPEC) is expected to discuss several projects from the key economic sectors of energy, transport, information technology, socio-economic development, industrial cooperation, science and technology, transport infrastructure, and international cooperation this month. Official sources from the Ministry for Planning, Development, and Special Initiatives claim […]
Punjab’s governor backs Chinese intercropping technology to expand domestic soybean production
19 October (China Economic Net): BAHAWALPUR At a recent conference at the Islamia University of Bahawalpur, the Governor of Punjab, Engr. Muhammad Baligh Ur Rehman, praised Pakistan for its innovation and optimization of the Chinese strip intercropping method. Additionally, he pledged the full assistance of his office for the development of strip intercropping technique for […]
Aid sent by Xinjiang to flood victims reaches Gwadar
Donations for the flood victims were sent to Gwadar. The first truckload of aid from China’s Xinjiang Uyghur Autonomous Region has arrived in Gwadar, serving as a prime illustration of how Pakistan and China stick together through natural disasters like floods and other tough times. A truckload of relief goods worth 200,000 yuan, including sleeping […]
Sukkur-Hyderabad Motorway: Award for construction granted
The Sukkur-Hyderabad Motorway (M-6) project, with an estimated cost of about Rs 307 billion, was awarded on Wednesday by the National Highway Council, the highest authority of the National Highway Authority (NHA). Asad Mahmood, the federal minister for communications and postal services, presided over the group’s meeting on Wednesday in this location. Syed Khurshid Ahmad […]
Iran and Pakistan discuss on Afghanistan
The special representative for Afghanistan of the visiting Pakistani Prime Minister, Sadiq, met with Iranian Foreign Minister Amirabdollahian, according to information issued by the Iranian Foreign Ministry on October 18 evening. Sadiq outlined Pakistan’s viewpoints on the present conditions in Afghanistan and the developments there. According to him, these trends have decreased Afghans’ quality of […]
Pakistan’s cotton production is projected to fall by 43% annually in 2022–2023
According to projections from the Pakistan Federal Council of Agriculture, according to China Cotton Network, Pakistan would plant 2.1 million hectares of cotton in 2022–2023, with an expected yield of 6.3 million bales—a 43% decline from the previous year. Domestic textile manufacturing has been impacted by the sudden decline in cotton supply, and there hasn’t […]
SCODA institutional innovation to promote commerce between Pakistan and China
Institutional Innovation Cases was the topic of a symposium organized by the Shanghai Cooperation Organization Demonstration Area (SCODA) in Qingdao (Gwadar Pro). At the press briefing, 20 business examples were distributed centrally. In order to gradually enhance reciprocal recognition of Authorized Economic Operators (AEO) with relevant SCO nations and SCO countries, SCODA announced a collaboration […]
Because of the decision to reduce OPEC+ oil output, U.S.-Saudi ties are in disarray
Worldwide Network Report The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing nations like Russia decided on the fifth of this month to significantly reduce oil production from November, angering the United States. OPEC+ is a mechanism made up of OPEC members led by Saudi Arabia and non-OPEC oil-producing nations like Russia. In […]
Experts applaud CPC’s humane policies as a step toward modernity
BEIJING, Oct. 19 (China Economic Net) – Pakistani experts believe that the human-friendly policies of the Communist Party of China (CPC) are the key success of China’s rapid development of modernization.Shakeel Ahmad Ramay, Chief Executive Officer of the Asian Institute of Eco-civilization, Pakistan, expressed his views on the ongoing 20th National Congress of the Communist […]