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The heads of several international economic organizations expressed confidence in China’s economy at a dialogue meeting on Monday, according to an official with the Chinese Ministry of Finance. China held the “1+10” dialogue in Beijing with the heads of 10 international economic organizations on Monday morning. The attending representatives affirmed the progress made by China in supporting economic growth and promoting structural adjustments at the dialogue, said Liao Min, vice minister of finance. Liao said that the representatives believe that the Chinese government can reinforce market confidence and achieve stable and sustainable economic growth. The representatives also said that the…

The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting to analyze and study the economic work for 2025 and arrange Party conduct and anti-corruption work. The meeting was chaired by Xi Jinping, general secretary of the CPC Central Committee. This year is crucial for achieving the objectives and tasks laid down in the 14th Five-Year Plan (2021-2025), and the economic operation has been generally stable with progress made. The country’s economic strength, scientific and technological capabilities, and composite national strength have continued to improve, according to the meeting. The main goals and…

ISLAMABAD (ID NEWS) : Chinese Premier Li Qiang on Monday said China supports international economic organizations in playing an important role in global governance, adding that China will actively undertake international obligations commensurate with its capabilities, and work with all sides to promote sound and steady development of the world economy. Li made the remarks when holding the “1+10” dialogue in Beijing with heads of 10 international economic organizations. Under the theme of “Building Consensus on Development to Promote Global Common Prosperity,” Li had in-depth exchanges with President of the New Development Bank, Dilma Rousseff, President of the World Bank…

The Supreme Court’s constitutional bench, led by Justice Aminuddin Khan, continued hearings on appeals challenging the trial of civilians in military courts. The court rejected the government’s request to permit military courts to deliver verdicts. The court denied the government’s plea to allow military courts jurisdiction over civilian cases. Justice Musarrat Hilali remarked that granting such permission would imply recognition of military courts’ authority in these matters. The apex court also dismissed a plea by former justice Jawad S Khawaja to defer the hearing until the decision on the 26th constitutional amendment, imposing a fine of Rs20,000 on the petitioner.…

The issue surrounding the hosting of the 2025 ICC Champions Trophy remains unresolved as a deadlock persists between the Pakistan Cricket Board (PCB), the International Cricket Council (ICC), and the Board of Control for Cricket in India (BCCI). Sources indicate that cricket boards from Australia, New Zealand, and South Africa have also stepped into the discussion, urging the ICC to resolve the matter promptly. The three boards reportedly contacted the ICC to express concerns about the uncertainty surrounding the tournament. They emphasized the need for clarity regarding the schedule and hosting arrangements. According to sources, the boards have also shown…

BEIJING :  A Chinese company has agreed to set up robotic agricultural equipment manufacturing plants in Punjab. An agreement was signed between the Chinese company AI Force Tech and the Punjab government during Punjab Chief Minister Maryam Nawaz’s visit to China. She had a meeting with the founder and CEO of the AI Force Tech Dr. Han and briefed him on agricultural reforms in her government planned to implement in Punjab. She assured the Chinese company of cooperation for setting up robotic agricultural machinery manufacturing plant in Punjab. Earlier, Chief Minister Maryam inspected the latest agricultural tools and expressed her…

As households and businesses in Pakistan seek relief from soaring electricity bills, the country has rapidly emerged as a significant solar market. In just two to three years, Pakistan has become one of the largest importers of solar panels globally. According to the World Economic Forum, Pakistan imported 13 gigawatts of solar panels during the first six months of the current fiscal year, making it the third-largest importer of Chinese solar panels. The volume of imported panels now exceeds 30% of the country’s total power production capacity, which stood at 46 gigawatts in 2023. The growing demand for alternative energy…

The Foreign Office spokesperson has confirmed that all Pakistani citizens in Syria are safe and have been advised to exercise caution amid the evolving situation. According to the spokesperson, Pakistan is closely monitoring the developments in Syria. The country remains steadfast in its support for Syria’s sovereignty and territorial integrity. Pakistan’s principled stance on Syria has not changed. Mumtaz Zahra Baloch, the Foreign Office spokesperson, stated that the Pakistani Embassy in Syria is operational and assisting its citizens. Contact has been maintained with Pakistani pilgrims in Syria, and their repatriation will be arranged once Damascus Airport reopens. Meanwhile, security for…

The Supreme Court has suspended the Election Commission of Pakistan’s (ECP) decision to de-seat Adil Bazai, a Member of the National Assembly (MNA) elected from NA-262 Quetta. The court issued a stay order, reinstating his membership. A three-member bench led by Justice Mansoor Ali Shah heard Adil Bazai’s appeal against the ECP’s decision dated November 21. Bazai’s lawyer, Taimoor Aslam, argued that his client was disqualified under Article 63(A) without proper inquiry or being summoned by the ECP. Justice Mansoor Ali Shah questioned how the ECP could claim jurisdiction over a matter already pending before a civil court, asking whether…

The Pakistan Stock Exchange (PSX) witnessed a remarkable recovery today as it transitioned from negative to positive territory within the first hour of trading. The market turned around, converting a loss of 1,400 points into a gain of 800 points. The benchmark KSE-100 Index surged by 827 points, reaching a historic level of 109,881 points, setting a new record. Additionally, the market restored its critical levels of 108,000 and 109,000 points, reflecting renewed investor confidence. Experts attribute this performance to recent positive economic indicators and supportive government policies, which have boosted market sentiment.