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.
No plan for GST on 2,000+ UPI payments: …
18-04-2025
The government has issued a clarification regarding Goods and Services Tax. It states that there will be no GST levied on UPI transactions exceeding Rs 2,000. Reports suggesting such a...
Read more'Public Ltd' tag: PhonePe, Razorpay clos…
18-04-2025
Fintech giants PhonePe and Razorpay are transitioning into public limited companies, signaling their IPO readiness in India. PhonePe's conversion awaits approvals, while Razorpay's move aligns with its re-domiciliation and anticipated...
Read moreMore hired than fired but IT pain linger…
18-04-2025
Indian IT firms are exhibiting cautious hiring approaches amidst economic uncertainties and increased automation. While some firms saw slight headcount increases in the March quarter, overall hiring remains subdued compared...
Read more
'No settlement without backing of Byju's…
18-04-2025
The National Company Law Appellate Tribunal (NCLAT) has dismissed attempts to halt insolvency proceedings against Byju's without creditor approval, reinforcing the authority of the Committee of Creditors (CoC). NCLAT upheld...
Read moreMade-in-India electronic products recogn…
18-04-2025
India's electronics manufacturing has surged, increasing fivefold in the last decade to over Rs 11 lakh crore, according to Union Minister Ashwini Vaishnaw. Exports have also seen remarkable growth, multiplying...
Read moreIndonesian coffee chain may brew price w…
18-04-2025
Indonesian coffee chain Kopi Kenangan, valued at over $1 billion, is entering the Indian market to compete with Starbucks and Tim Hortons. The company aims to attract customers with lower...
Read moreGovernment denies reports of levying GST…
18-04-2025
The government has refuted claims of imposing GST on UPI transactions exceeding ₹2,000, dismissing them as baseless. The finance ministry clarified that GST applies only to charges like MDR, which...
Read moreMarkets rally over 6% in 4 days, investo…
18-04-2025
Indian markets concluded the week with significant gains, fueled by returning foreign investment and easing inflation. The Sensex and Nifty surged over 6% in four sessions, boosting investor wealth substantially...
Read more
Indian automotive sector held back by la…
18-04-2025
A NITI Aayog report reveals that India's automotive ambitions are hindered by a lack of innovation due to inadequate R&D infrastructure and low spending. This limits competitiveness in emerging technologies...
Read more
Not safeguards, but security: US defends…
18-04-2025
The US has informed the WTO that its steel and aluminium tariffs were imposed for national security, not as a safeguard measure, challenging India's complaint. India argues the tariffs are...
Read moreUS stocks flounder
17-04-2025
US stocks experienced mixed performance as investors analyzed recent earnings reports amidst President Trump's tariff policies and criticism of the central bank. The Dow Jones Industrial Average declined, while the...
Read moreGensol sees 2 more independent directors…
17-04-2025
Gensol Engineering faces further turmoil as two more independent directors, Harsh Singh and Kuljit Singh Popli, resign amidst allegations of fund misuse. This follows Arun Menon's resignation, who cited concerns...
Read moreFitch cuts India growth estimate to 6.4%
17-04-2025
Fitch Ratings has lowered India's GDP growth forecast for the current fiscal year by 0.1% to 6.4%, citing concerns over the escalating global trade war. The agency also reduced global...
Read moreWallet refunds will take up to 90 days: …
17-04-2025
BluSmart, an electric cab aggregator, has extended its refund timeline for wallet balances to 90 days due to a temporary halt in ride bookings. This decision follows a Sebi probe...
Read more
