ISLAMABAD, May 21(ABC ): The ‘Gauss Auto Group,’ a Chinese corporation, has announced to construct electric vehicle (EV) plant in Pakistan’s special economic zone near Port Qasim in Karachi. The company would enter into a Joint Venture (JV) with AKD Group Holdings (Pvt.) limited and set up the plant near Port Qasim, Karachi on around 1000 acres of land. The …

ISLAMABAD, May 21 (ABC):Minister for Information and Broadcasting Marriyum Aurangzeb said on Saturday that Pakistan and China enjoyed exemplary fraternal relations rooted in people to people contacts and based on mutual respect. She said this during her visit to the Chinese Embassy here on the occasion of 71st Anniversary of establishment of Pakistan China diplomatic relations on the special instructions …

ISLAMABAD, May 21 (ABC): Locally assembled Chinese mobiles and vehicles have gained a foothold in Pakistan’s car and mobile phone markets. The ban on importing vehicles and phones will further increase the manufacture of Chinese cars and cellphones locally and will help the Government of Shehbaz Sharif to save the country’s foreign reserves, says a report published by Gwadar Pro …

ISLAMABAD, MAY 21 (ABC): Prime Minister Shehbaz Sharif has congratulated Chinese President Xi Jinping, the governments and the peoples of the two countries on the 71st anniversary of the establishment of Pakistan-China diplomatic relations. In his message on the occasion, he said China and Pakistan are the names of two brothers. The Prime Minister said the leadership and peoples of …

BEIJING, May 21 (ABC):The first batch of Pakistani students, who were stuck in the motherland following Covid-19 pandemic, will soon travel to China to continue education in their respective universities. “So far, around 160 students have been granted visa by the Chinese Embassy in Islamabad and arrangements are being finalized to bring them back at an early date,” official sources …

SHANDONG, May21(ABC): In a world first, China delivered a 100,000-tonne smart aquaculture vessel on Friday in Qingdao City, east China’s Shandong Province. The ship, named Guoxin-1, is the realization of an innovative mobile fish farming model regarded as a technological breakthrough for China’s deep-sea aquaculture industry. The fish farm vessel is 249.9 meters long, with a deadweight of 100,000 tonnes …

BEIJING, May 21(ABC): Chinese State Councilor and Foreign Minister Wang Yi on Friday elaborated on China’s position and views on developing relations with countries in Latin America and the Caribbean (LAC) in phone conversations with Uruguayan Foreign Minister Francisco Bustillo, Ecuadorian Foreign Minister Juan Carlos Holguin and Nicaraguan Foreign Minister Denis Moncada. Although China and LAC countries are far apart, …

BEIJING, May 21(ABC): China’s central bank cut a key interest rate for long-term loans by a bigger-than-expected margin at its May fixing on Friday, a second reduction this year, as the country is seeking to boost the demand for loans to prop up the economy. The five-year loan prime rate (LPR), the benchmark reference rate for mortgages, was lowered by …

ISLAMABAD, May 20 (ABC):China successfully sent three low-orbit communication test satellites into space from the Jiuquan Satellite Launch Center in northwest China Friday. The three communication satellites were launched by a Long March-2C carrier rocket at 6:30 p.m. (Beijing Time) and have entered the planned orbit. These satellites will carry out tests and verifications of in-orbit communication technologies, Ecns reported. …

BEIJING, May 20 (ABC):China on Friday hit out at Ottawa for blocking Chinese telecoms giants Huawei and ZTE from Canadian 5G networks, describing the ban as “groundless” ban and based on spurious security risks. Canada’s long-awaited move follows the United States and other key allies, and comes on the heels of a diplomatic row between Ottawa and Beijing over the …