BEIJING: China stands ready to elevate Belt and Road Initiative (BRI) cooperation toward higher quality for the modernization of all countries, and build an open, inclusive and interconnected world for common development, a foreign ministry spokesperson said on Thursday. Spokesperson Lin Jian said at a daily press briefing when asked about the latest progress and achievements of BRI cooperation. Lin …

BEIJING: The Export-Import Bank of China (China EximBank) has launched financial bonds to boost cooperation for the Belt and Road Initiative (BRI) in both interbank and over-the-counter markets. This is the first time such bonds, maturing in three years, are being traded beyond the interbank market, with the funds raised aiming at supporting China EximBank’s BRI projects, according to the …

ISLAMABAD: Federal minister for planning and development Ahsan Iqbal and the Chinese Ambassador to Pakistan Jiang Zaidong has discussed the ongoing and upcoming initiatives under the second phase of the China-Pakistan Economic Corridor (CPEC). During the meeting on Wednesday, minister Iqbal underscored the government’s unwavering commitment to ensuring the timely implementation of CPEC projects. He emphasized Pakistan’s eagerness to advance …

ISLAMABAD: Chinese ambassador to Pakistan Jiang Zaidong has said that the strategic relations between Pakistan and China are attracting the best benefits for the masses on both sides under various cooperative agreements. While addressing a day-long international conference on Wednesday under the theme of “CPEC: Enhancing Community with a Shared Future for Mankind”, ambassador said that there are immense opportunities …

LANZHOU: Wearing a white lab coat and a face mask, Chadian man Tidjani Daoussa follows the instructions of a Chinese technician as he learns to operate refining and hydrogen production equipment. Daoussa, 32, is an employee at N’Djamena Refinery Co., Ltd., a Chad-based joint venture between China National Petroleum Corporation (CNPC) and Chad’s state-owned oil company. He joined the company …

ISLAMABAD: As the China-Pakistan Economic Corridor (CPEC) entered the second phase, a Pakistani expert said that Pakistan and China are all set to pool efforts to reinvigorate and upgrade CPEC for socio-economic development, taking the all-weather strategic cooperative partnership to new heights. CPEC, a flagship project of the China-proposed Belt and Road Initiative (BRI), is one-of-a-kind to transform the economic …

BEIJING: With the Communist Party of China (CPC) celebrating its 103rd founding anniversary on July 1, the CPC is set to unveil a new round of deep and comprehensive reforms to better serve China’s 1.4 billion people. On July 15, the CPC will convene the third plenary session of its 20th central committee in Beijing, with a host of reforms …

ISLAMABAD: As the June sun waned behind clouds and a gentle breeze whispered across a small lake in Pakistan’s east Sahiwal district, ducks emerged with renewed vitality, gliding effortlessly through the cool water, and the air, alive with rustling leaves and distant bird calls, mingled with the sweet scent of blooming flowers. The lake, the trees whirling in the wind …

ISLAMABAD: Chairman of the Senate of Pakistan Yousuf Raza Gilani said that the China-Pakistan Economic Corridor (CPEC) is a transformative journey for Pakistan that catalyzed investment, technology transfer, knowledge sharing, and skill development with a cumulative investment of billions of dollars from China. Speaking at the launching event of the Annual Sustainability Report 2023, jointly organized by an Islamabad-based think-tank …

BEIJING: Prime Minister Shahbaz Sharif has expressed gratitude to POWERCHINA for its long-standing contributions to Pakistan’s energy and power infrastructure development. According to a statement released by POWERCHINA, Ding Yanzhang, Chairman of POWERCHINA paid a formal visit to Prime Minister during his visit to Beijing, China. The statement told that POWERCHINA has actively participated in the construction of the China …

Credit to APP ISLAMABAD: Chinese Ambassador in Pakistan Jiang Zaidong said on Monday that under the guidance of two leadership and strong support from the people of both countries, the upcoming visit of Prime Minister Shehbaz Sharif to China would achieve complete success and become a milestone in the development of China-Pakistan relations. The ambassador in an interview with APP, …

ISLAMABAD: Executive Director, Sustainable Development Policy Institute (SDPI), Dr Abid Qaiyum Suleri on Wednesday said Pakistan and China can collaborate for exploring the untapped potential of “Green Minerals” under the China Pakistan Economic Corridor (CPEC) as it is the future fuel of the world. He was addressing the Sustainable Development Policy Institute (SDPI) and the PCI jointly organised high-level policy …

XI’AN: A train fully loaded with diverse goods departed from Xi’an, the capital city of northwest China’s Shaanxi Province on Saturday morning, bound for Malaszewicze, Poland, marking a significant milestone as the total number of China-Europe freight train trips has surpassed 90,000. To date, China-Europe freight trains have transported more than 8.7 million twenty-foot equivalent unit (TEU) containers of goods, …

ISLAMABAD: Federal Minister for planning, development and Special Initiatives Ahsan Iqbal has said that the China-Pakistan Economic Corridor (CPEC) is a milestone of friendship between Pakistan and China. Speaking to the media after the 13th JCC on Friday, Ahsan Iqbal said that CPEC has provided this friendship with a strong foundation for economic and economic cooperation. From 2013 to 2018, …

KRATIE, Cambodia: Robed in a hi-vis vest and crowned with a yellow hard hat, Cambodian welding technician Mao Vanchhet is proud of working with a Chinese contractor to build a “historic” Mekong River bridge here in northeast Cambodia, with funds from China. Work on this large-scale Mekong River bridge, which began in March 2023, is currently in full swing. The …

ISLAMABAD: China is ready to work with Pakistan to implement the important consensus reached by leaders of the two countries, said Chinese Deputy Chief of Missions (DCM) Shi Yuangqiang at a well-attended seminar on Dynamics of Xinjiang in Pakistani Perspective hosted by Overseas Chinese Association Rawalpindi on Saturday. Noting that “the keenness on Pakistan’s side to greatly enhance the ongoing …

ISLAMABAD, May 15 (Internews): Electricity generation in Pakistan is subject to seasonal fluctuations, heavily influenced by weather patterns. During the summer months, as glaciers melt, the river flows swell, leading to increased water levels in dams and consequently a rise in hydroelectricity production. Despite the surge in production, electricity consumption also escalates to counteract the intensity of hot weather. Conversely, …

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a meeting to review the second phase of the China-Pakistan Economic Corridor (CPEC) on Monday. Federal Minister for Planning Ahsan Iqbal led the session while senior officials from the ministry of planning attended the meeting. During the meeting, discussions focused on preparations for the PM’s upcoming visit to China and an assessment of progress …

ISLAMABAD, May 14: Sahiwal Coal-fired Power Plant has been consistently operating within the legal framework stipulated by the National Electric Power Regulatory Authority (NEPRA) and the Ministry of Energy, with an unwavering dedication to safeguarding the interests of Pakistani electricity consumers, said a statement on Monday. In response to a news published in a local newspaper raising questions about the …

BEIJING: The Federal Minister for Planning, Development and Special Initiatives, Prof. Ahsan Iqbal, addressed a seminar themed “Decade of CPEC and BRI and Beyond” organized by the Belt and Road Center of National Development and Reform Commission (NDRC) in Beijing and delivered a keynote speech. Many academics and scholars associated with renowned think tanks and Chinese universities, and representatives of …

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal on Tuesday expressed the firm commitment of the government to expedite the implementation of China-Pakistan Economic Corridor Project (CPEC) for further strengthening the bilateral relations between both the countries. The minister co-chaired a meeting with the Ambassador of China to Pakistan Jiang Zaidong. Secretary Planning, Awais Manzoor Sumra and …

BUDAPEST: Multiple achievements were made on Thursday at a conference focused on cooperation between China and Hungary under the Belt and Road Initiative (BRI) framework. Under the guidance of China’s State Council Information Office, the conference was co-hosted by Xinhua News Agency and Hungary’s ATV Media Group in Budapest. Xinhua has always been committed to concentrating efforts and contributing to …

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal Chaudhary, held a meeting of the first Cabinet Committee on Chinese Investment Projects (CCoCIP). The meeting, held at Islamabad, was attended by Minister of Science and Technology Mr. Khalid Maqbool Siddiqui, Secretary Planning Mr. Awais Manzoor Sumra, and senior officials from various Federal Ministries on Tuesday. The meeting …

BEIJING: The English version of a book that brings together Xi Jinping’s elaborations on the Belt and Road Initiative (2023 edition) has been published by the Central Compilation & Translation Press. The book will be distributed both in China and internationally, said an official statement Sunday. The book includes 78 important discourses on the Belt and Road Initiative (BRI) by …

Islamabad: Federal Minister Ministry of Planning, Development, and Special Initiatives Prof Ahsan Iqbal chaired the preparatory meeting for the China-Pakistan Economic Corridor (CPEC) on Friday, preceding the 13th Joint Cooperation Committee (JCC) meeting and an imminent high-level delegation visit to China. Minister Ahsan Iqbal underscored the substantial success witnessed by Pakistan between 2013 and 2018, marked by an influx of …

XINING/ASTANA: With the arrival of spring, northwest China’s Qinghai Province is about to usher in the peak tourist season. In the villages of agricultural and pastoral areas, as well as among urban factories, traditional Tibetan cultural products such as shining silver and bronzewares and gorgeous Tibetan carpets are continuously produced. Wang Fubang, a district-level inheritor of “silver and copperware making …

WASHINGTON: Finance Minister Muhammad Aurangzeb met with his Chinese counterpart Lan Foan on Friday and assured him that work on the second phase of the China-Pakistan Economic Corridor (CPEC) would be expedited. The two met in Washington where Aurangzeb shared with Foan that the second phase would include monetising assets through the transfer of Chinese privately owned companies (POCs). Aurangzeb …

ISLAMABAD: Chinese staff and workers at different CPEC-related projects will continue contribution to Pakistan’s socio-economic development with same spirit and zeal, said Jiang Zaidong, the Ambassador of China to Pakistan. In an interview with private TV channel, the Ambassador expressed his satisfaction that the high-level inquiry initiated by the government of Pakistan into recent terrorist attack in which five Chinese …

PHNOM PENH: The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) in Cambodia hit 628 million U.S. dollars in the first two months of 2024, up 38.3 percent compared to the same period in 2023, the zone operator said in a news release. Jointly ventured by Chinese and Cambodian investors, the SSEZ is a flagship …

ADDIS ABABA: Cooperation with China under the Belt and Road Initiative (BRI) has significantly contributed to the betterment of the lives of ordinary Ethiopians, Ethiopian experts have said. Ethiopia, as one of the growing list of countries cooperating with China under the BRI, has witnessed the initiative’s significant contribution in terms of meaningfully transforming the lives of millions of Ethiopians, …

Islamabad: Pakistan and China on Friday intensified efforts to establish a Working Group on five new Economic Corridors under phase 2 of the CPEC, aligning with the 5Es framework already prepared by the Planning Ministry. This was discussed during a meeting between the Federal Minister of Planning, Development & Special Initiatives, Professor Ahsan Iqbal, and the Chinese envoy, Jiang Zaidong, …

YAOUNDE: Central African leaders met Saturday in Bangui, the capital of the Central African Republic, to celebrate the 30th anniversary of the Central African Economic and Monetary Community (CEMAC), a regional bloc, in hopes of highlighting past achievements and defining a roadmap for strengthening regional integration, while focusing on economic challenges and growth opportunities. When CEMAC was created in 1994, …

ISLAMABAD: With Pakistan facing pressing environmental and climate change predicaments, Pakistani experts and officials believe that China’s notable transition to greener policies is helping Pakistan realize renewable energy targets under the Belt and Road Initiative (BRI). Pakistan aimed to generate 60 percent of the country’s energy from renewable resources by 2030, and the role of China remained critical in this …

Prime Minister Muhammad Shehbaz Sharif emphasised that his government would work tirelessly to ensure timely implementation of the initiatives under the China-Pakistan Economic Corridor (CPEC). He stressed that Pakistan was keen to move to the next phase of CPEC, including operationalisation of the Special Economic Zones (SEZs) to facilitate Chinese investment in Pakistan. The prime minister was talking to Ambassador …

ISLAMABAD: Pakistan geared up efforts to develop five economic corridors under the China-Pakistan Economic Corridor (CPEC) for national growth, Minister for Planning, Development and Special Initiatives Ahsan Iqbal said on Wednesday. The initiative includes economic corridors of job creation, innovation, green energy, and inclusive regional development, the minister said while chairing a review meeting on CPEC projects. After the successful …

ISLAMABAD: Soon after the formation of the elected government, progress on the China-Pakistan Economic Corridor (CPEC), particularly the five new economic corridors, including the Corridor of Job Creation, Innovation, Green Energy, and Inclusive Regional Development, has been expedited. The newly-appointed Federal Minister for Planning, Development & Special Initiatives, Professor Ahsan Iqbal, chaired an important meeting on Wednesday to initiate work …

ISLAMABAD: Adeela Rehman works as a human resource manager in Thar Coal Block-II Coal Electricity Integration project with her Pakistani and Chinese colleagues to play a part in the development of her country. In talks with Xinhua, Rehman said that she got an equal opportunity as men to showcase her professional skills and make a mark, adding that the project …

BEIJING: Chinese Foreign Minister Wang Yi said on Thursday that the high-quality Belt and Road cooperation will serve as an engine for the common development of all countries and an accelerator for the modernization of the whole world. Wang told a press conference that since the Belt and Road Initiative (BRI) was put forward over 10 years ago, it has …

ISLAMABAD: Pakistan’s experts expect the port city of Gwadar being developed under the China-Pakistan Economic Corridor (CPEC) to become an energy hub with a technology-based development vision and a community-centric social development approach. In a recent policy dialogue on Gwadar organized by the Sustainable Development Policy Institute (SDPI), an Islamabad-based think-tank, the experts emphasized the need to further focus on …

ISLAMABAD: The China-built Suki Kinari Hydropower station in northwest Pakistan started impoundment on Wednesday. The successful start will lay a solid foundation for the project’s operation on schedule under the China-Pakistan Economic Corridor (CPEC). Located in the Mansehra district of the South Asian country’s Khyber Pakhtunkhwa province, the 884-megawatt hydropower project was invested and constructed by the Overseas Investment Company …