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China will implement a more proactive fiscal policy this year and ensure its sustained strength and effectiveness, said Finance Minister Lan Fo’an at the China Development Forum 2025 on Monday. Addressing current economic difficulties and challenges, Lan said that China’s economic and fiscal strengths have grown significantly and that the country has accumulated richer experience in macroeconomic management and fiscal governance. He said the confidence in China’s economic development stems from its solid fundamentals, numerous advantages, strong resilience, vast potential that underpins its long-term growth, and a sober understanding of potential risks and the foresight to prepare accordingly. China leaves…

Business leaders from some of the world’s largest companies – including Apple CEO Tim Cook and Cargill CEO Brian Sikes – are in Beijing for talks with Chinese officials during the ongoing 2025 China Development Forum. This trip marks Cook’s first visit to China this year as the American phone giant looks to increase investment and business opportunities in the Chinese market, reported China Daily. In a further push to encourage investment, the China Council for the Promotion of International Trade said the smartphone maker is welcome to deepen its cooperation in China as the country continues to provide broader…

Chinese Premier Li Qiang emphasized that China and the U.S. should address trade imbalances by expanding cooperation and creating greater mutual benefits, highlighting the importance of working together to tackle economic challenges. Li made the remarks on Sunday during a meeting with U.S. Senator Steve Daines and American business leaders attending the China Development Forum 2025 in Beijing. He noted that China-U.S. relations have reached a critical juncture, stressing that history has proven both nations gain from cooperation and lose from confrontation. He urged both sides to choose dialogue over conflict and win-win cooperation over a zero-sum mindset. Li called…

China will continue to open up at a higher level, and welcomes multinational companies to expand investment in China to deepen mutual benefit and win-win results, Chinese Vice Premier He Lifeng said on Sunday. He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks in a meeting in Beijing with business executives of leading global multinational companies, as they exchanged views on the global and Chinese economic situation, China-U.S. economic and trade cooperation, and expanding investment in China. Noting that China’s economy has strong resilience, vast potential and ample vitality, He…

Reiterating China’s commitment to openness and global collaboration, Chinese Premier Li Qiang said on Sunday that China will further expand market access in various sectors for foreign investors. Delivering the opening address at the China Development Forum 2025 (CDF), Li pledged to introduce more measures to help foreign-funded enterprises integrate into the Chinese market. Li noted that the Chinese economy has strong resilience, tremendous potential and great vitality, adding that the country is confident and capable of maintaining long-term stable growth while providing more opportunities for global economic recovery. The Chinese premier called for joint efforts to promote the development…

Your Excellency Mr Syedaal Khan Nasar, Deputy Chairman of the Senate, Your Excellency Mr Jamal Shah, Chairman of the Silkroad Culture Center and former Federal Minister, Dear Pakistani friends, Good afternoon! It is with great pleasure that I’m here to attend the inauguration ceremony of the “Esthetic Bridges” exhibition in this vibrant and hopeful season of spring. This exhibition lives up to its name, not only showcasing the unique charm of Chinese and Pakistani art but also building a bridge for in-depth dialogue between artists from both countries. As the Chinese saying goes, a single flower does not make a…

ISLAMABAD (DI NEWS) : Flag Hoisting Ceremony at Pakistan Embassy, Beijing to Mark the Pakistan Day A flag hoisting ceremony was held today at the Pakistan Embassy, Beijing to celebrate the Pakistan Day. The ceremony was attended by Embassy officials and their families, and members of the Pakistan community. H.E. Ambassador Khalil Hashmi hoisted the national flag to the tune of the national anthem played on the occasion. The Embassy officials read out the messages from the President, Prime Minister, and Deputy Prime Minister and Foreign Minister of Pakistan, underscoring the significance and underlying spirit of the Lahore resolution adopted…

The Sensitive Price Indicator (SPI), which tracks short-term inflation trends in Pakistan, recorded a 0.35% decline for the week ending March 20, driven largely by a steep drop in vegetable prices, according to data released by the Pakistan Bureau of Statistics (PBS). Tomatoes led the decline with a price drop of 7.08%, followed by onions (-6.07%), garlic (-5.59%), eggs (-4.64%), and potatoes (-2.5%). Other essential commodities, including sugar (-0.87%) and branded tea (-1.3%), also recorded slight decreases. Firewood, a key domestic fuel source, saw a marginal decline of 0.6%. However, some consumer items witnessed price increases. The cost of long…

A local court on Saturday canceled the arrest warrant for actress Nazish Jahangir after she appeared before the court and submitted surety bonds worth Rs 50,000. Judicial Magistrate Ghulam Shabir Syal heard the case, which was filed by a resident of Defence Housing Authority (DHA) against the actress and several others over allegations of fraud and breach of trust. The complainant accused Jahangir and Sikandar Khan of failing to return Rs2.5 million and a vehicle, further alleging that they had issued threats. Earlier, the court had issued arrest warrants for the accused and directed the police to produce them before…

President Asif Ali Zardari and Prime Minister Shehbaz Sharif have reiterated Pakistan’s commitment to energy conservation, environmental sustainability, and climate action as the country observes Earth Hour and World Water Day together this year. In his message, President Zardari emphasized the importance of reducing energy consumption and carbon emissions, stating that switching off unnecessary lights symbolizes a collective commitment to tackling climate change. He highlighted that rising fuel prices pose serious threats to Pakistan’s economy and environment, making electricity and fuel conservation, along with the promotion of renewable energy, essential for a secure future. The President stressed the need for…