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China has so far invested $ 25.4 billion in Pakistan under CPEC: Ambassador Nong Rong--China Economic Net

  Islamabad, April 3 (Gwadar Pro) - Iron Brother China has so far invested $ 25. 4 billion in Pakistan under the China-Pakistan Economic Corridor (CPEC) and created more than 75,000 jobs for the Pakistanis, Chinese ambassador to Pakistan Nong Rong said.   The envoy kicked off celebrations marking 70 years of Pakistan-China diplomatic ties with a webinar, organised by Pakistan-China Institute under the banner of “Friends of Silk Road.”   The illustrious panel of keynote speakers included ...
Wang Su Sultan Mohammad Khan United States Sha Zukang Masood Khalid Agha Hilaly
Source: en.ce.cn

China's Zong helps Pakistan get 100m Broadband Subscriptions--China Economic Net

  ISLAMABAD, Apr. 3 (Gwadar Pro) - With China Mobile Communication Corporation’s CMPak (Zong) as one of the major broadband players, broadband subscriptions in Pakistan have reached a historic 100 million mark.   According to Pakistan Telecommunication Authority (PTA), the historic 100 million mark has been achieved owing to supportive government policies, effective competition among telecom operators and PTA’s commitment to introduce and utilize innovative technologies. “All four natio...
Wang Su Cmpak Zong Tahir Ali Un Broadband Commission China Mobile Communication Corporation Cmpak Zong China Mobile
Source: en.ce.cn

WHO warns slow vaccine roll-out prolonging COVID-19 pandemic--China Economic Net

"Let me be clear: we must speed up the process by ramping up manufacturing, reducing barriers to administering vaccines, and using every single vial we have in stock, now," said Hans Henri P. Kluge, WHO Regional Director for Europe.   According to WHO Europe, to date, only 10 percent of the regions total population has received one vaccine dose, and four percent has completed a full vaccine series.   As the European region currently fights a resurgence of COVID-19 transmissions, the World Hea...
Wang Su Hans Henrip Kluge Dorit Nitzan Regional Office For Europe World Health Organization Regional Office For Europe On
Source: en.ce.cn

China's big banks log net profit growth in 2020 despite COVID-19--China Economic Net

Chinas major state-owned banks posted higher net profits in 2020 despite the impact of the COVID-19 epidemic and volatile market situations.   Six state-owned banks raked in nearly 1.14 trillion yuan (about 173.82 billion U.S. dollars) in net profits attributable to shareholders in 2020, up around 1.93 percent year on year, according to last years financial results of these banks.   Postal Savings Bank of China registered the highest yearly profit growth of 5.36 percent, followed by Bank of C...
Wang Su Wang Jiang Agricultural Bank Postal Savings Bank China Construction Bank Savings Bank
Source: en.ce.cn

Shanghai aims to double tourism revenue--China Economic Net

The eastern Chinese city of Shanghai has launched a program aiming to double its tourism revenue over the next five years, according to local authorities.   Shanghai received 236 million domestic visitors in 2020 despite the impact of COVID-19, with domestic tourism revenue hitting 280.95 billion yuan (about 42.8 billion U.S. dollars), said Fang Shizhong, director of the municipalitys administration of culture and tourism, on Thursday.   Speaking at Tourism Plus Shanghai 2021, the citys first...
Wang Su Fang Shizhong Tourism Plus Shanghai Shanghai Tourism வாங் சு சுற்றுலா ப்லஸ் ஷாங்காய்
Source: en.ce.cn

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Sanxingdui finds reflect similarities of Chinese, Maya cultures, says Chichen Itza director--China Economic Net

Discoveries at the legendary Sanxingdui ruins in southwest China show that the regions ancient Shu state civilization shared similarities with the Maya, according to the director of the Chichen Itza archaeological site, Marco Antonio Santos.   The Sanxingdui ruins, located in the city of Guanghan, about 60 kilometers from Chengdu, the provincial capital of Sichuan, belonged to the Shu Kingdom that existed at least 4,800 years ago and lasted more than 2,000 years.   China announced on March 20...
Wang Su Chichen Itza Marco Antonio Santos Marco Antonio Shu Kingdom வாங் சு
Source: en.ce.cn

New record, Max monthly capacity: Qasim--China Economic Net

  KARACHI, Apr 2nd (Gwadar Pro) - According to PowerChinas latest news, Qasim coal-fired power station generated 945 million kWh in March which breaks the record of the same type units power stations and reaches the max monthly generating capacity.   Guo Guangling, General Manager of Qasim project, told Gwadar Pro today that Qasims two 660MW generator units have constantly operated at 100% capacity during whole March, generating 30 million kWh of electricity per day. The 940 million kWh is th...
Wang Su Guo Guangling World Bank Gwadar Pro General Manager Qasim Power Station
Source: en.ce.cn

Commentary: U.S.-Taiwan collusion tactics must stop--China Economic Net

The United States and Taiwans Democratic Progressive Party (DPP) authority have devised new tricks in collusion as NASA listed Taiwan as a "country" on its official website.   As an agency of the U.S. federal government, NASA can not be unaware of the three China-U.S. joint communiques and the history of successive U.S. administrations adherence to the one-China policy since the establishment of diplomatic relations between China and the United States.   Therefore, the move of listing Taiwan ...
Wang Su United States Taiwan Strait Taiwan General Republic Of China Taiwan Democratic Progressive Party
Source: en.ce.cn

Money policy stance to ward off challenges--China Economic Net

  The Peoples Bank of China, the central bank, will maintain its normal monetary policy stance and facilitate flexibility of the renminbi exchange rate, despite the challenges from external financial vulnerabilities, senior officials said.   Even if the US Federal Reserve changes its monetary policy in the future, there will only be a limited impact on China, said Sun Guofeng, head of the monetary policy department of the PBOC.   "Actually, global financial markets, especially in some emergi...
Wang Xin Wang Su Liu Guiping People Bank Sun Guofeng Chinese Treasury
Source: en.ce.cn

Aviation firms optimistic about future as holiday ticket sales soar--China Economic Net

The Chinese aviation sector is well on the recovery path, judging by the strong presales of air tickets for the upcoming holidays, an indication that the industry is revving up as more people get vaccinated, experts said.   The optimistic outlook is expected to be good news for Chinas top three carriers, Air China, China Southern Airlines and China Eastern Airlines, which released their 2020 earnings reports on Tuesday.   The three firms posted a combined loss of more than 37 billion yuan ($5...
Wang Su Zheng Hongfeng China Southern Airlines Air China China Eastern Airlines Civil Aviation Administration Of China
Source: en.ce.cn

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