in Pakistan of according highest priority to provision of every possible facilitation, and asked them to establish their regional offices in Pakistan.
“Strengthening of business to business ties of the people of the two countries is a foremost priority,” Premier Imran told the Chinese delegation accompanied by Chinese Ambassador to Pakistan Yao Jing and Haier CEO Javed Afridi at the PM House on Monday.
Minister for Communications Murad Saeed, Minister for Industries Muhammad Hammad Azhar, Planning Minister Asad Umar, Finance Adviser Dr Abdul Hafeez Sheikh, Commerce Adviser Abdur Razaq Dawood, Board of Investment Chairman Atif R Bokhari, CPEC Authority Chairman Lt Gen (retd) Asim Saleem Bajwa were in attendance.
The Chinese delegation comprised of representatives of Power Construction Corporation of China (Power China), China Road and Bridge Corporation (CRBC), China Gezhouba (Group) Pakistan, China Three Gorges South Asia Investment Company Ltd, China Railway Group Limited, Industrial and Commercial Bank of China, China Machinery Engineering Corporation and China Mobile Pakistan Limited.
The companies are already undertaking business ventures in critical sectors, including energy, communication, agriculture, science and technology, finance and industry.The prime minister welcomed the Chinese delegation, saying: “Pakistan accords great importance to strengthening its relations with China.”
PM Imran reiterated, “Pakistan and China have a shared destiny.”The Chinese investors thanked the prime minister for his personal interest in facilitating Chinese investors and the business community in Pakistan.
The Chinese ambassador said, “Various reforms introduced at policy and implementation level have enhanced confidence of the Chinese business community and Pakistan is being looked at as a major partner in development in the post Covid-19 environment."The participants expressed satisfaction over business-friendly policies of the incumbent government, especially in improving ease of doing business.
India calls out developed nations for cl…
17-11-2024
At COP29, India criticized developed nations for delaying climate action and failing to provide adequate financial support to developing countries. They emphasized the need for substantial financial and technological assistance...
Read moreTata goes big on Apple manufacturing by …
17-11-2024
Deal comes almost a year after it bought Taiwanese Wistron’s iPhone factory
Read moreMunicipal corporations need to impose ad…
17-11-2024
The Reserve Bank of India suggests that municipal corporations can improve their financial health by charging appropriate user fees for services like water and waste management. This, along with transparent...
Read moreTomato prices drop by more than 22% as s…
17-11-2024
Tomato prices in India have plummeted by over 22% to ₹52.35 per kg as of November 14, 2024, driven by a surge in supply. This follows a significant drop in...
Read moreSirius India Airlines looks to raise $10…
17-11-2024
Sirius India Airlines is looking to raise USD 100 million to expand its fleet and services. The company plans to have 50 private jets by FY27 and expand into new...
Read moreMcDonald's invests $100 million to recov…
16-11-2024
McDonald's is investing \$100 million to regain customer trust after an E. coli outbreak linked to onions in its Quarter Pounders sickened over 100 people. The outbreak, traced back to...
Read moreCanara Bank classifies Reliance Communic…
16-11-2024
Canara Bank has classified accounts belonging to Reliance Communications and Reliance Telecom as "fraudulent." RCom, currently undergoing insolvency proceedings, stated that this classification is not expected to impact the company's...
Read moreDelhi-NCR is 6th costliest office market…
16-11-2024
Delhi-NCR and Mumbai secured the sixth and eighth positions, respectively, as the most expensive office locations in the Asia Pacific region in Q3 2024, according to Knight Frank India's report...
Read moreAditya Ultra Steel to set up 5 MW solar …
16-11-2024
Aditya Ultra Steel Ltd. reported a net profit of Rs 5.87 crore for the first half of 2024-25, with revenue reaching Rs 312.39 crore. The company also announced plans to...
Read moreIndia outperforms Chinese equity market …
16-11-2024
A new report by Deutsche Bank has revealed that India's equity markets have surpassed China's since 2000, delivering one of the highest real equity returns globally. While both India and...
Read moreFPIs sold equities worth Rs 2,426 crore …
16-11-2024
Foreign portfolio investors (FPIs) reduced their selling of Indian equities in the second week of November, but overall remain net sellers for the month. Despite the slowdown in selling...
Read moreIncome Tax department launches campaign …
16-11-2024
The Indian tax authorities have launched a campaign to remind taxpayers to disclose overseas income and assets in their tax returns. Using data from international agreements, the authorities are reaching...
Read moreNTPC Green IPO opens next week on Novemb…
16-11-2024
NTPC Green Energy Ltd (NGEL), India's largest renewable energy public sector enterprise, is launching its IPO on November 19. SBI recommends subscribing, citing growth potential, but warns of risks tied...
Read moreIndia may replace South-East Asian natio…
16-11-2024
India is poised to become a key player in the US renewable energy market, leveraging its manufacturing prowess, cost-effectiveness, and skilled workforce. The US, aiming to diversify from China, finds...
Read more
