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By Wu Siya BEIJING – “Nowadays, China’s photovoltaic industry absolutely ranks first in the globe in terms of not only market size, technology level, production and manufacturing, but also completeness of the industrial chain. I’m firmly convinced that the month-on-month decline in PV product exports will not be a long-term trend, but a volatile upward growth trend,” Liu Yiyang, Deputy Secretary General of China Photovoltaic Industry Association (CPIA), told China Economic Net during an exclusive interview. The 2024 Government Work Report released on March 5 showed that the renewable energy power generation installed capacity across China has historically surpassed thermal…

By:  Liu Qiyu BEIJING: “Virtually every country maintains close economic ties with China, whether through exports or imports. Consequently, a robust Chinese economy benefits the entire world,” pinpointed Muhammad Asghar, Chief Correspondent for the Associated Press of Pakistan (APP), while taking an exclusive interview with China Economic Net during the ongoing Two Sessions – which convene annually to map out development priorities. Asghar has been reporting the Two Sessions annually since 2017. As a foreign journalist in China, he considers it an honor and privilege to cover these major events. Through these sessions, he gains valuable insights into China’s governance…

By Meng Fanrong ISLAMABAD- Against the backdrop of sweeping global, regional, and local transitions, Ambassador (Retd) Syed Hasan Javed, a renowned Pakistani sinologist, has emphasized the significance of China’s Two Sessions, which are being held at a particularly critical moment. The Two Sessions, referring to the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), are annual gatherings that bring together China’s top legislators and political advisors to discuss national policies across various sectors. Amb Syed Hasan Javed observed that the current two sessions are taking place at a time of profound transitions affecting strategy, foreign relations,…

By Meng Fanrong SHANGHAI – Pakistani Consul General in Shanghai, Hussain Haider, has expressed his admiration for China’s remarkable modernization journey, viewing it as a valuable source of inspiration for Pakistan as it strives to achieve similar development goals. In an interview with China Economic Net during the ongoing China’s two sessions, namely the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), which saw the gathering of China’s top legislators and political advisors to discuss and decide on key national policies, the Consul General praised China’s achievements in economic growth, technological advancement, and social progress, noting…

By CGTN’s Michael Wang China’s latest Government Work Report signals a strong commitment to expanding domestic demand and consumption. The country is taking a multifaceted approach to unleashing domestic demand.These measures include stabilizing the labor market, creating more jobs, boosting incomes, and strengthening the social safety net. Looking into the report’s nuances, it mentions boosting”new types of consumption”, or areas ripe for more investment. The government will also aim to further reduce restrictive measures that may hinder consumption growth while cultivating and expanding areas of consumption that have strong growth potential.Among those listed, we can expect policies to accelerate…

By: Jiang Jiang The writer is a founder of Ginger River Review In recent times, there have been discussions all over the world about China’s increasing national power and whether it poses a threat to the current world order. Such concerns are largely due to the remarkable pace at which China has developed over the last 40 years coupled with a lack of understanding about the country, particularly in the Western world. Some people even compare China to historically aggressive nations and claim that it is seeking to expand its territory and become a global empire. Regardless of these misconceptions,…

By. Fatima Javed FF Steel Limited, a leading player in Pakistan’s steel industry, hosts a vibrant Chinese Corporate event in Islamabad, marking the onset of the Chinese Dragon Year 2024. The event, graced by esteemed guests and representatives from various Chinese key sectors, aimed to foster camaraderie and collaboration among Pakistani and Chinese enterprises, particularly within the context of the China-Pakistan Economic Corridor (CPEC). Distinguished figures from the realms of business, government, and international cooperation converged at the venue, including Wang Hui hua, Chairman All Pakistan Chinese Enterprise Association (APCEA) and MD China Energy Engineering Corporation (CEEC), and Zarak…

By: Moiz Farooq Executive Editor Pakistan Economic Net and Daily Ittehad Media Group Recently, I had the chance to be part of a Pakistani media team visiting Xinjiang, and it turned out to be an eye-opener. Against the backdrop of Western media depicting Xinjiang as a zone of strife and suppression, our firsthand encounters told a tale that was quite different from this narrative.This article seeks to shed light on the reality of Xinjiang, challenging the propaganda and showcasing the region’s peace, progress, and prosperity. The narrative crafted by certain Western media outlets has long cast a shadow over…

By. Fatima Javed In a groundbreaking initiative aimed at addressing the significant postharvest losses of wheat, rice, and maize in Pakistan, Descon (under its Agri Business Line) and the International Finance Corporation (IFC) have officially signed a MOU. This strategic alliance aims to address the yearly postharvest losses of essential grains in Pakistan, amounting to around USD 2 billion. These losses contribute to food insecurity, affecting 36.8% of the population. According to Descon’s official notification earlier this month, the collaboration underscores a commitment to an inclusive approach, leveraging private sector initiatives to positively impact Pakistan’s agricultural sector. “By addressing the…

By: Tahir Farooq In the heart of the Caucasus, where the mountains bear witness to centuries of history, the late 20th century unfolded a new chapter of sorrow and darkness. The Khojaly Massacre, a night of unfathomable tragedy, remains etched in the collective memory of Azerbaijan as an indelible scar. On the night of February 25-26, 1992, the world turned its gaze away as Khojaly, a small town in the Karabakh region, which is now liberated by Azerbaijan became the stage for what many in Azerbaijan and international observers have termed a horrific act of ethnic cleansing perpetrated by…