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Top News In சீனா பாக்கிஸ்தான் பொருளாதார தாழ்வாரம் Today - Breaking & Trending Today

Pakistan's agriculture presents opportunities for Chinese investors--China Economic Net

The important crops i.e. wheat, rice, sugarcane, maize, and cotton account for 4.2 percent of country s GDP. This year, higher water availability and increased application of fertilizer during the Kharif season supported the increase in overall crop production. By 2029, the production of cotton, wheat, rice, maize, and sugarcane is projected to grow by 26%, 20%, 18%, 25%, and 10% respectively.

Pakistan is the 12th largest country of citrus producer with an annual production of 2.5 million Metric Tons (MT) and an expected growth at CAGR of 2% till 2024. In the past six years, fruit exports of Pakistan have been increasing at a CAGR of 4.4% which are majorly transported to GCC, Russia and Afghanistan. ....

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'CPEC not a debt trap'

‘CPEC not a debt trap’
Islamabad
March 12, 2021
Islamabad: China-Pakistan Economic Corridor (CPEC) is not a debt trap as all projects in the energy sector are investments and loans constitute only a small proportion of the overall CPEC portfolio, said Dr Ishrat Hussain, adviser to the Prime Minister on Institutional Reforms and Austerity.
Dr Ishrat was speaking at a seminar on ‘Upscaling the economic activities of CPEC: opportunities and challenges,’organised by Institute of Regional Studies here.
Dr Ishrat said that the Chinese loans were on concessional rates of 2.34 per cent. He observed that completed CPEC energy projects had already added 5,320 MW to the power generation capacity in Pakistan with an investment of $7.9 billion. He added that a capacity of 4,440 MW would be added through an investment of another $9.55 billion. He said that the total tally of all projects under CPEC was around $52 billion. He added that plans for upgrading the trans ....

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China's transport plans to bolster global trade, connectivity--China Economic Net

China s plan to expand and modernize its transport network will boost connectivity, the allocation of global resources, and trade across the globe, experts have said.

China recently unveiled a program called the Global 1-2-3 Logistics Circle to expand the country s strength in the transport sector over the next 15 years, setting long-term goals for the industry to develop a modern, high-quality and comprehensive national transport network.

The aim is for one-day domestic delivery of goods in China, two-day delivery from neighboring countries, and three-day delivery to major global cities, according to guidelines jointly released last month by the Central Committee of the Communist Party of China and the State Council. ....

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Chinese & Pakistani construction giants join hands to explore opportunities in Pakistan--China Economic Net

BEIJING, March 12 (China Economic Net) - Chinese and Pakistani construction giants -China Energy Engineering Company (CEEC) and Zahir Khan Brothers (ZKB) Construction Company have decided to work together to explore opportunities in the construction sector of Pakistan.

The two companies, in a meeting hosted by Commercial Section of Embassy of Pakistan, Beijing, discussed ways and means to take advantage of up to $ 3 billion of projects in road infrastructure sector to be available in Pakistan this year, according to Badar uz Zaman, Commercial Counselor.

“They will also work together to tap opportunities in the special economic zone construction, and buildings for the new factories. The estimation of the construction activities is around more than $ 2 billion. So, the joint venture having a great experience in the building sector has also agreed to work together,” he told CEN. ....

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Foreign Ministry Spokesperson Zhao Lijian's Regular Press Conference on March 12, 2021

Foreign Ministry Spokesperson Zhao Lijian s Regular Press Conference on March 12, 2021
2021/03/12
China News Service: The IOC president, Thomas Bach, said the IOC has received a kind offer from the Chinese Olympic Committee to make vaccine doses available to participants at this year s Tokyo Olympics and the Beijing Winter Games in 2022. Also, preliminary data from a study in Brazil indicates that the COVID-19 vaccine developed by China s Sinovac Biotech Ltd is effective against the P1 variant of the virus first discovered in Brazil. Mongolian Deputy Prime Minister Sainbuyan Amarsaikhan spoke highly of the efficacy of Chinese vaccine on social media after receiving his first shot of a COVID-19 vaccine donated by China. What is your comment? ....

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