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Former SAARC Chamber of Commerce and Industry president Iftikhar Ali Malik has called for adopting China’s economic model to transform Pakistan’s industrial sector into a digitalized economy. He emphasized the need for bold reforms, strategic partnerships, and Special Economic Zones with cutting-edge technology to modernize Pakistan’s outdated industrial framework. By replicating China’s digital transformation initiatives and fostering a culture of entrepreneurship and skill development, Malik believes Pakistan could harness its industrial potential and compete globally. A unified approach under the China-Pakistan Economic Corridor (CPEC) framework, with China as a key partner, could be a game-changer for sustainable economic growth and…
Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, announced the launch of the second phase of the China-Pakistan Economic Corridor (CPEC), focusing on growth, innovation, sustainability, livelihoods, and regional connectivity, with a seminar planned in Beijing from December 17 to 30 to outline its strategy. Speaking at an awards ceremony at the Chinese Embassy, alongside Chinese Ambassador Jiang Zaidong, Iqbal praised the contributions of CPEC workers, engineers, and technicians whose efforts drove the success of its first phase, which saw the completion of 43 projects worth $25 billion, including energy, transport, and infrastructure developments. The first phase generated…
Chinese and Pakistani diplomats, supported by the Sindh government, signed MoUs for five transformative projects in Karachi, including local assembly of electric vehicles, solar panel manufacturing, slow-release fertilizers, algae farming, and a medical city in the Dhabeji Special Economic Zone. Sindh Energy Minister Syed Nasir Hussain Shah hosted the ceremony, joined by senior officials and a Chinese delegation that also met Sindh Chief Minister Syed Murad Ali Shah and former President Asif Ali Zardari. The Sindh government emphasized its commitment to supporting Chinese investors, highlighting initiatives like EV taxi services, solar parks, and a ten-year tax exemption for Dhabeji industries.…
BEIJING : Pakistan Ambassador to China, Khalil Hashmi met with Zhang Daliang, Vice President of China Association for Higher Education (CAHE). The two sides reviewed ongoing collaboration and discussed ways to further strengthen cooperation including student and faculty exchanges. “Yesterday, I had a productive meeting with Mr. Zhang Daliang, Vice President of China Association for Higher education (CAHE) and his team at the Embassy. We reviewed our ongoing collaboration and discussed ways to further strengthen our cooperation including student & faculty exchanges,” the ambassador posted on social media platform after the meeting.
The Golden Promise 2024, a China-Cambodia cultural show, was staged on Sunday evening in Cambodian capital Phnom Penh to celebrate the year of people-to-people exchanges between the two countries. Organized at the iconic Chaktomuk Theater, the glittering cultural show was jointly performed by a troupe of Chinese artists from Wuxi City in east China’s Jiangsu Province and a team of Cambodian artists from the Ministry of Culture and Fine Arts. Cheam Yeap, first vice president of Cambodia’s National Assembly, and Ek Sam Ol, president of the Cambodia-China Friendship Association, attended the event. Speaking at the opening ceremony, Chinese Ambassador to…
China has maintained high utilization rates of wind and solar power, official data showed Sunday, suggesting the world’s renewables powerhouse has ensured both speed and quality in its green drive. The utilization rates of wind and solar power remained above 95 percent this year, according to data of the National Energy Administration. By the end of 2024, the country’s installed wind power capacity reached 510 million kilowatts, while its solar power capacity stood at 840 million kilowatts. In the first seven months of 2024, wind and solar power generation totaled 1.05 trillion kilowatt hours, accounting for roughly 20 percent of…
China’s new-generation medium-sized rocket, the Long March-8 (CZ-8), was successfully transferred to the launching area at the country’s first commercial space launch site in Wenchang City of south China’s island province of Hainan Sunday afternoon. It is now ready to be launched at an appropriate time to be determined in the coming days. The rocket has been developed by the China Academy of Launch Vehicle Technology under the China Aerospace Science and Technology Corporation (CASC). It adopts green and environmentally friendly liquid propellant. It conducted a successful full rehearsal in early November this year. At 1:44 p.m., the rocket was…
An article by Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on deeply advancing the Party’s self-reform will be published on Monday. The article by Xi, also Chinese president and chairman of the Central Military Commission, will be published in this year’s 24th issue of the Qiushi Journal, a flagship magazine of the CPC Central Committee. The article states that the CPC pursues lofty ideals and is tasked with arduous missions. Only through self-reform and by improving its capabilities in leadership and governance can the Party remain a strong leadership core that advances socialism with…
ISLAMABAD (DI NEWS) : Gwadar Airport Manager Khalid Kakar said the enhanced connectivity will encourage airlines with modern fleets to begin services to and from Gwadar, and open new vistas of development in the district due to the CPEC. by Misbah Saba Malik GWADAR, Pakistan (Xinhua) — Khalid Kakar, airport manager of Gwadar Airport in Pakistan’s southwestern Balochistan province, stood attentively, observing the final touches on the newly constructed, China-aided New Gwadar International Airport, which in just a few days would be officially handed over to Pakistani authorities, including Kakar himself, to commence operations. A short distance away, Chinese and…
ISLAMABAD (DI NEWS) : Chinese Embassy in Pakistan held the Awarding Ceremony for Outstanding Pakistani Staff of China Pakistan Economic Corridor (CPEC) projects on 13th December, to recognize 43 Pakistani outstanding staff from different projects who have contributed to the CPEC construction. Mr, Ahsan Iqbal, Minister for Planning, Development & Special Initiatives, Mr. Jiang Zaidong, Chinese Ambassador to Pakistan, Mr. Chen Shuai, Deputy Director General of the Department of International Cooperation of NDRC of China, Mr. Zhou Bo, Executive Vice Chairman of China Chamber of Commerce in Pakistan attended the event. Jiang Zaidong emphasized that We should look at reality,…
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