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The inaugural China-Pakistan Technical and Vocational Education and Training (TVET) Forum, themed “Fostering a Skilled Workforce: Forging a Brighter Future,” was held in Beijing as a pioneering initiative to enhance bilateral cooperation in education and human resource development. Hosted by the Pakistan Embassy, the event brought together policymakers, government officials, TVET providers, enterprise representatives, and technical institute leaders from China. The forum also witnessed the signing of multiple Memoranda of Understanding to advance technical and vocational training in Pakistan.

Pakistan’s Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, celebrated the enduring “iron brother” relationship between Pakistan and China, describing it as a garden in perpetual spring. Speaking to China Economic Net, he highlighted the transformative impact of the China-Pakistan Economic Corridor (CPEC) in its first decade, including energy advancements, digital infrastructure, and modern connectivity. As CPEC enters its second phase, the focus will shift to high-quality modernization, with key priorities in technology, sustainability, and regional cooperation. Iqbal emphasized Pakistan’s commitment to safeguarding Chinese projects and fostering technological and trade collaborations, particularly in agriculture and IT, while underscoring the…

Minister for Planning and Development Ahsan Iqbal emphasized Pakistan and China’s commitment to elevating the China-Pakistan Economic Corridor (CPEC) into a model of high-quality development. Speaking at a high-level workshop in Beijing, he highlighted CPEC’s transformative impact over the past decade, including the addition of 8,904 MW of power, 888 kilometers of completed highways, and the development of Gwadar as a smart port city. He underscored the role of digital connectivity, with fiber optic infrastructure enabling Pakistan’s digital transformation, and noted the creation of over 200,000 jobs through CPEC projects. Looking ahead, he stressed expanding collaboration in technology, green development,…

German Chancellor Olaf Scholz on Thursday urged the European Union (EU) to quickly reach a deal with China on the tariff dispute over electric vehicles (EVs). “It makes no sense to have conflicts about this. Therefore, I appeal to everyone to bring these negotiations to a good result now,” said the German chancellor upon arriving at the European Council summit. China hopes that the EU will take concrete steps as soon as possible to jointly advance consultations on a price commitment plan for Chinese EVs, the Ministry of Commerce said on Thursday. China always stands for the resolution of trade…

China’s one-year loan prime rate (LPR), a market-based lending rate, came in at 3.1 percent on Friday, remaining unchanged from November. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged at 3.6 percent from the previous reading, according to the National Interbank Funding Center. The monthly-released data serves as a pricing reference for banks and is based on rates of the People’s Bank of China’s (PBOC) open market operations. Earlier this month, Chinese leaders pledged at top economic agenda-setting meetings to ramp up monetary easing measures, including implementing interest rate reductions, to support the Chinese…

Chinese President Xi Jinping on Friday morning administered the oath of office to Sam Hou Fai, new chief executive of Macao Special Administrative Region.

With cheerful vibes in the air, China’s Macao Special Administrative Region (SAR) on Friday held a gathering to celebrate the 25th anniversary of Macao’s return to the motherland and the inaugural ceremony of the sixth-term government of the Macao SAR. Addressing attendees, Chinese President Xi Jinping said the great achievements of Macao since its return have proven to the world that “One Country, Two Systems” has prominent institutional strengths and tremendous vitality. The values of peace, inclusiveness, openness and sharing embodied in the policy are common to China and the rest of the world, and deserve to be jointly safeguarded,…

Chinese Ambassador Jiang Zaidong met President Asif Ali Zardari in Islamabad to discuss enhancing bilateral cooperation between Pakistan and China. The ambassador conveyed good wishes from Chinese leadership, including a card from President Xi Jinping, and expressed hope for President Zardari’s visit to China to strengthen ties further. In a separate meeting, President Zardari emphasized deepening parliamentary cooperation and high-level exchanges with Saudi Arabia during discussions with the Chairman of KSA’s Shura Council, Dr. Abdullah bin Mohammad Al-Sheikh. Both sides highlighted the potential for economic collaboration and expressed solidarity with Palestine, Lebanon, and Syria amidst ongoing Middle East conflicts.

CAIRO (Web Desk) – Prime Minister Shehbaz Sharif has emphasized that investing in youth will help build inclusive and robust economies to face the global challenges of today and tomorrow. Addressing the D-8 summit in Cairo on Thursday, he said youth as well as the small and medium enterprises are key drivers of economic development of any society. He said youth brings energy, fresh ideas and creativity, whereas small medium enterprises create jobs, foster innovation and promote entrepreneurship. Shehbaz Sharif urged the D-8 member states to focus on empowering youth and entrepreneurship to harness the power of young population and…

Pakistan and Bangladesh have agreed to expand and deepen bilateral cooperation in all areas of mutual interest in a meeting held between Prime Minister Shehbaz Sharif and Chief Adviser of Bangladesh Professor Dr Muhammad Yunus on the sidelines of the D-8 Summit, in Cairo on Thursday. They also emphasized the need to align efforts to achieve mutually-beneficial development objectives. The two leaders acknowledged importance of people-to-people contacts and cultural exchanges including enhanced exchange of artists, sportspersons, academics, and students. They noted with satisfaction the recent visit by the Bangladesh Cricket Team to Pakistan and concert of a Pakistani artist in…