BEIJING, Dec 31 (INP): “China and Pakistan enjoy great cooperation potential in animal husbandry and agricultural and sideline products. The two sides should continue to strengthen in-depth cooperation in the livestock industry and open a new chapter for China-Pakistan agricultural exchanges. This was stated by Ghulam Qadir, Pakistan’s Trade and Investment Counsellor in China,  while addressing a seminar on …

    ISLAMABAD, Dec 30 (INP): China showed unflinching commitment to strengthen Pakistan’s economy during 2022, Gwadar Pro reported on Friday. Amid economic instability, Net Foreign Direct Investment (FDI) in Pakistan dropped 52.1% during the first four months of the ongoing fiscal year (FY23), clocking in at just $348.3 million, revealed State Bank of Pakistan (SBP) data. Details showed that, …

  ISLAMABAD, Dec. 29 (INP): As Chinese companies continue to create jobs for local Pakistanis, Diamer Basha Dam Project (DBDP) contractor m/s POWERCHINA has created at least 208 new jobs for skilled and technical professionals at the project site, Gwadar Pro reported it on Thursday According to the Chinese company, qualified and professional locals between the ages of 20 and …

ISLAMABAD, Dec 26  (INP): As Pakistan aims to increase its renewable energy share to 60% by 2030, GoodWe, one of China’s leading smart energy solution providers, is also playing its part to boost renewable energy in the country, Gwadar Pro reported on Monday. The GoodWe has signed a 50MW memorandum of understanding (MoU) with Maxgreen and Solcraft to boost the …

ISLAMABAD, Dec. 25 (INP): The Chinese Government would further increase investment in the power sector of Pakistan, said Chinese Ambassador Nong Rong while addressing the Health, Safety and Environment (HSE) ceremony held here. The National Electric Power Regulation Authority (NEPRA) has celebrated the outstanding achievements of NEPRA’s licensees in Occupational HSE. Chairman NEPRA, Tauseef H. Farooqi chaired the ceremony while the Chinese ambassador graced …

ISLAMABAD, December 25 (INP): CPEC 2022 is going to be wound up with spillover opportune in Pakistan’s green energy landscape underpinning the nation’s plan to boost the share of its electric power that comes from renewable to 30 percent by 2030. According to a report published by Gwadar Pro on Sunday, iminating year, China-Pakistan green electricity romanticism has blossomed that …

  GWADAR, Dec. 23 (INP): Chinese firm East Sea Group Limited (ESGL) plans to establish a 3 million-ton ship-to-ship (STS) oil blending facility at sea space in connection with a $4.5 billion oil refinery project in Gwadar. After the venture materializes, Pakistan will earn $ 20,000 to $ 40,000 annually. According to Gwadar Pro on Friday,  three million-ton STS oil …

  ISLAMABAD, Dec. 22 (INP): The National Electric Power Regulatory Authority (NEPRA) has awarded Port Qasim Electric Power Company (Pvt) Ltd (PQEPC) with the CSR STALWART Award and Power with Prosperity Award for playing a vital role to transform the socio-economic landscape of Pakistan. According to a tweet from the Embassy of China, PQEPC won the awards from NEPRA in …

  ISLAMABAD, Dec 22 (INP): Rising inflation rate in the US is expected to trigger global repercussions, especially in developing economies, such as Pakistan, that are deeply linked to the US economy in terms of exports and the Greenback. The Pakistani rupee is pegged to the U.S. dollar, hence its value has decreased, albeit a few other factors have also …

  ISLAMABAD, Dec 21 (INP): CPEC’s positive stir in IT industry and digital economy in 2022 has set the tone of resilient growth and progression for 2023 on automation, e-governance, e-commerce, IT parks, Research & Development, Internet density and computer Technology in Pakistan. According to Gwadar Pro, benefited by CPEC-led cooperation on IT and digital economy, it is predicted that …