ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) has eleveted Pakistan-China relations to a robust economic partnership, Pakistan’s minister for planning, development, and special initiatives Ahsan Iqbal said on Friday. When CPEC was launched in 2013, Pakistan was grappling with an unprecedented power shortage, experiencing up to 18 hours of load shedding and a deteriorating law-and-order situation. Despite these challenges, China made …

ISLAMABAD: Chinese embassy in Pakistan held the awarding ceremony for outstanding Pakistani staff of China Pakistan Economic Corridor (CPEC) projects on Friday to recognize 43 Pakistani outstanding staff from different projects who have contributed to the CPEC construction. While delivering the remarks, Chinese ambassador to Pakistan Jiang Zaidong emphasized that, we should look at reality, trends and prospects, and strengthen …

GWADAR, Pakistan: Saiba Asghar Ali, an eighth-grade student at the China-Pakistan Government Middle School in Faqeer colony, Pakistan’s southwest Balochistan province, dreamed of becoming a doctor since childhood. Due to financial hindrances and lack of education opportunities for girls in her colony, it was a goal she feared might never be achievable. “There was no proper school in the area …

ISLAMABAD: The New Gwadar International Airport is set to commence operations by the end of December, Acting Director General of the Pakistan Airports Authority (PAA), Air Vice Marshal Zeeshan Saeed, said on Friday. During his visit to the airport, the officer was briefed about the airport’s cutting-edge features and the promising business and investment opportunities it is expected to generate …

BEIJING: China stands ready to work with all parties to build the Belt and Road Initiative (BRI) into a source of happiness that benefits the world and a dream maker that helps countries jointly realize modernization, a foreign ministry spokesperson said here Friday. Spokesperson Lin Jian made the remarks in response to comments by Jeffrey Sachs, a U.S. economist, that …

BEIJING: China and Nepal have signed a framework agreement to promote Belt and Road cooperation, the National Development and Reform Commission (NDRC) said Thursday. Liu Sushe, deputy head of the NDRC, and Amrit Bahadur Rai, acting foreign secretary of Nepal, signed on the agreement on behalf of their respective governments. According to this agreement, both countries will adhere to the …

The China-proposed Belt and Road Initiative (BRI) has greatly contributed to transforming infrastructure, as well as the economic and trade landscapes in Cambodia over the last decade. Before the initiation of the BRI in 2013, Cambodia faced significant challenges as one of the poorest countries in the region, with underdeveloped infrastructure hindering its economic progress. For instance, National Road No. …

NAIROBI: The China-proposed Belt and Road Initiative (BRI) has driven infrastructure development and economic growth in Kenya, facilitated economic cooperation and cultural exchanges between regions, and brought unprecedented opportunities for the country’s development, said a Kenyan expert. Dennis Munene Mwaniki, executive director of the China-Africa Center at Kenya’s Africa Policy Institute, told Xinhua in a recent interview that the BRI …

BEIJING: It was a landmark moment for Peru’s mega port of Chancay when a drawbridge unloaded a container from the COSCO “Peru” ship and loaded another onto the “New Shanghai” cargo vessel under the glow of brightly lit terminals on a mid-November night. Minutes earlier, Chinese President Xi Jinping, on a state visit to the South American country, attended the …

CAIRO: The China-proposed Belt and Road Initiative (BRI) plays a significant role in driving economic development across participating countries, an Egyptian economic expert has said. Waleed Gaballah, a member of the Egyptian Association for Political Economy, Statistics and Legislation, said the initiative is a groundbreaking model for fostering global growth, highlighting its transformative impact on infrastructure, trade and technology. “Launched …

MOSCOW: The China-proposed Belt and Road Initiative (BRI) serves as a unique example of equal and mutually beneficial cooperation, Vitaly Mankevich, president of the Russian-Asian Union of Industrialists and Entrepreneurs (RAUIE), told Xinhua in a recent interview. Amid the rising problem of global trade barriers and protectionism, “the BRI emerges as a unique project that promotes globalization and equal, mutually …

PHNOM PENH: Cambodian Prime Minister Hun Manet said here on Tuesday that the whole region has stood to benefit from China’s high-quality development, particularly in economy, technology and green development. In his keynote address at the Global Chinese Economic and Technology (GCET) Summit 2024 in Phnom Penh, Manet said China has projected that its high-quality development will be driven by …

PHNOM PENH: China’s Belt and Road Initiative (BRI) has injected fresh vitality into the millennia-old Silk Road with its all-encompassing scope, covering land and seas, airspace and cyberspace, a Cambodian senior minister said here on Tuesday. “It has boosted the flow of goods, services, capital, technologies and human resources among countries involved,” Sok Siphana, a senior minister in charge of …

HARARE: The Zimbabwean government on Wednesday encouraged more Chinese investments into the country’s energy sector amid the ongoing power supply challenges. At the Zimbabwe-China Business Forum held in Harare, Zimbabwe’s capital, Minister of Energy and Power Development Edgar Moyo said that the Southern African country’s energy sector offers immense potential for further Chinese investments, particularly under the Belt and Road …

              Chinese President Xi Jinping meets with Bolivian President Luis Arce on the sidelines of the G20 summit in Rio de Janeiro, Brazil, Nov. 19, 2024. (Xinhua/Ding Haitao) RIO DE JANEIRO: Chinese President Xi Jinping on Tuesday called on China and Bolivia to align Belt and Road Initiative with Bolivia’s 2025 development plan. Xi …

RIO DE JANEIRO: China and Brazil must seize the opportunities offered by the times, and continue to promote synergy between China’s Belt and Road Initiative and Brazil’s development strategies, Chinese President Xi Jinping said in a signed article published on Sunday in Brazilian media outlet Folha de S. Paulo. Xi said both sides should keep enhancing the strategic impacts of …

ISLAMABAD: Chinese Ambassador to Pakistan, Jiang Zaidong Wednesday acknowledged Pakistan government’s efforts towards stabilizing its economy reflected through improvement in the economic indicators. “The economic indicators have shown improvement which has been recognized by the international institutions”, the ambassador said while addressing an enthusiastic audience at the Chinese Speech Contest held at National University of Modern Languages (NUML). He described …

As one of the most ambitious global projects of our time, China’s Belt and Road Initiative (BRI) has transformed not only the physical landscape of participating countries but also their economic and diplomatic relationships. Introduced in 2013, the BRI seeks to enhance global connectivity and cooperation through infrastructure development, trade and investment. It offers a path toward inclusive development and …

SHANGHAI: As the seventh China International Import Expo (CIIE) neared its close on Sunday, a booth featuring coffee from Timor-Leste remained bustling with visitors despite the crowds at the expo venue thinning out. Kept busy by a steady supply of coffee enthusiasts, Su Lei, one of the founders of Maodian Coffee and general manager for China market, Timor-Leste’s coffee company …

BEIJING: “True friends always feel close to each other no matter the distance between them.” Chinese President Xi Jinping has cited this household line from an ancient Chinese poem to characterize China’s relations with countries in Latin America and the Caribbean. Xi calls Peru China’s neighbor across the Pacific. Although the two countries are thousands of miles apart, a port …

LIMA: An annual meeting on practical cooperation under the Belt and Road Initiative (BRI) was held here in Peru’s capital Friday, focusing on new opportunities available within the framework. The event was jointly organized by the China Economic Information Service of Xinhua News Agency, Peru’s Andina News Agency and the China Southern Power Grid Co., Ltd. Attendees had an in-depth …

          Staff members work on the fiberglass production line at a factory of Chinese fiberglass giant Jushi at the China-Egypt TEDA Suez Economic and Trade Cooperation Zone in Ain Sokhna district of Suez province, Egypt, Nov. 6, 2024. (Xinhua/Ahmed Gomaa) CAIRO: The economic zone near Egypt’s vital Suez Canal built by China’s giant industrial developer TEDA …

LIMA: The Annual Meeting on Pragmatic Cooperation within the Belt and Road Initiative (BRI) Framework between Peru and China was held on Friday, according to the organizers. The attendees had an in-depth discussion on new opportunities for bilateral cooperation under the BRI framework and future development. A series of pragmatic results were achieved at the meeting, including the release of …

NAIROBI, Sept. 19, 2018 (Xinhua) — Dickens Nyagol (L), Research Technician at International Center of Insect Physiology and Ecology (ICIPE) demonstrates the process of push-pull technology during an exhibition on the sidelines of the Fall Armyworm meeting at Duduville Campus in Nairobi, capital of Kenya, Sept. 18, 2018. (XinhuaCharles Onyango)     KUNMING: China has initiated cooperation with countries participating in …

Islamabad: Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal has directed the immediate release of allocated funds for M-8 in two portions this year and stressed the importance of expediting CPEC infrastructure projects to enhance Gwadar’s connectivity on Tuesday. According to the details, Ahsan Iqbal, chaired a progress review meeting on the development of Gwadar Port and Free …

URUMQI: “China-Pakistan cooperation will be ever-lasting” along their thriving economic corridor, said Sabeen Usman Khattak, executive director of the Associated Press of Pakistan Corporation. The China-Pakistan Economic Corridor (CPEC), a flagship project under the China-proposed Belt and Road Initiative, serves as a “physical friendship” between both countries, Khattak told Xinhua on the sidelines of the sixth World Media Summit (WMS) …

ISLAMABAD: Ashraf Orakzai, director of utilities at Rashakai Special Economic Zone (SEZ) in Pakistan’s northwest Khyber Pakhtunkhwa (KP) province, starts his work early in the morning no matter how tough the weather is since he considers his job crucial for the country’s future. Orakzai, who belongs to KP and has been working at Rashakai SEZ and the industrial park, part …

XI’AN: A think tank report on “eight major steps” proposed by China to support high-quality Belt and Road cooperation stressed consolidating practical cooperation, fostering innovation-driven growth, strengthening risk management, and improving cooperation mechanisms. The report, titled “‘Eight Major Steps’ Heralds Promising New Decade of Belt and Road Cooperation,” was released Tuesday by Xinhua Institute, a think tank affiliated with Xinhua …

ISLAMABAD:  Chinese Premier Li Qiang said here on Monday that China is ready to work with Pakistan to make further efforts to build the China-Pakistan Economic Corridor (CPEC) into a demonstration project for the high-quality Belt and Road cooperation. Li made the remarks when attending a ceremony with Pakistani Prime Minister Shehbaz Sharif to mark the completion of the New …

ISLAMABAD: Chairman of the Senate of Pakistan Yousuf Raza Gilani said that Chinese companies in the country have been making contributions towards the national growth and improving business landscape in the South Asian country. Speaking at the launching event of two reports titled “The Glorious 11 years–How Chinese Companies Reshaped the Power Sector in Pakistan” and “Business Climate Index of …

ISLAMABAD: Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, chaired a high-level review meeting on Friday to address the challenges hindering the development of Gwadar Port and the Free Zone. The meeting thoroughly discussed the key pending issues related to the Gwadar Free Zone’s development, including water, electricity, gas and sewerage system, the Gwadar Port and the Free …

ISLAMABAD: Over the last few decades, China has made remarkable achievements, serving as a model for countries around the globe including Pakistan, Pakistani officials said here on Thursday during a ceremony celebrating the 75th anniversary of the founding of the People’s Republic of China. The visionary leadership of China played a vital role in initiating a new era of development …

GWADAR, Pakistan: Launched in 2013, China-Pakistan Economic Corridor (CPEC), the flagship project under the China-proposed Belt and Road Initiative (BRI), is a corridor linking Gwadar port with Kashgar in northwest China’s Xinjiang Uygur Autonomous Region, highlighting energy, transport, and industrial cooperation. Photo taken on Sept. 18, 2024 shows a view of fishermen dockyard near the Gwadar port in Gwadar, southwest …

HONG KONG: A record 25 memorandums of understanding (MoUs) were signed during the two-day Ninth Belt and Road Summit that concluded in Hong Kong on Thursday. The MoUs, including four between governments and 21 between businesses, involve government bodies and companies from Indonesia, Malaysia, Vietnam, Bahrain, Kuwait, and Kazakhstan. A highlight of this summit is a new chapter dedicated to …

BEIJING: The intellectual property cooperation between China and Belt and Road Initiative (BRI) partner countries has been strengthened over the past decade, with digital and green patents emerging as prominent aspects of this partnership. Official figures released by the China National Intellectual Property Administration (CNIPA) on Wednesday revealed that from 2013 to 2023, Chinese enterprises in BRI partner countries and …

CHENGDU: The 2024 Media Cooperation Forum on Belt and Road was held on Wednesday in Chengdu, southwest China’s Sichuan Province. Aimed at deepening media cooperation and promoting common development, the event brought together over 200 delegates from media organizations in nearly 80 countries, as well as officials, scholars and business people. Li Shulei, a member of the Political Bureau of …

ISLAMABAD: As Pakistan targets generating 60 percent of its energy from renewable sources by 2030, experts believe that the China-Pakistan Economic Corridor (CPEC) offers a vital opportunity to diversify the South Asian country’s energy mix and promote green investments in the energy sector. Pakistan needs to capitalize on Chinese private sector investments to enhance renewable energy share, improve energy access, …

ISLAMABAD: The first unit of the Chinese-built Suki Kinari Hydropower project in northwest Pakistan was connected to the grid for power generation on Monday. It marks that the project under the framework of the China-Pakistan Economic Corridor (CPEC) has taken the most critical step towards commercial operation. He Xiongfei, deputy general manager of China Energy Construction Overseas Investment Company Ltd., …

ISLAMABAD: Pakistani officials and experts in the capital city Quetta of Pakistan’s southwest Balochistan province, said that the China-Pakistan Economic Corridor (CPEC) has a huge potential to promote growth in various sectors in the province. Addressing a seminar titled “China-Pakistan Economic Corridor: Assessing the Transformation of Vision into Reality with a Focus on Regional Connectivity, Innovation, and Security in Balochistan,” …

ISLAMABAD: Pakistani officials and experts in the capital city Quetta of Pakistan’s southwest Balochistan province, said that the China-Pakistan Economic Corridor (CPEC) has a huge potential to promote growth in various sectors in the province. Addressing a seminar titled “China-Pakistan Economic Corridor: Assessing the Transformation of Vision into Reality with a Focus on Regional Connectivity, Innovation, and Security in Balochistan,” …