FBR data of the past five years (2016-2020) reveals that, on average, 30 percent of the tax from the Insurance industry was paid by NICL alone; in 2020, NICL’s tax share was 40 percent.
PowerChina, a global construction company has been in Pakistan for decades and has led the industry’s move into developing clean and low carbon energy. It set up Pakistan’s first energy project under the China Pakistan Economic Corridor and did so in record time ahead of schedule.
With China’s vision of “sustainability for the future” and the principle of hosting “green, inclusive, open and clean” Olympics, the host country, China has integrated sustainability principles across the board.
Pakistan’s pharma industry has been steadily growing over the past few decades. It demonstrates huge potential, especially in the API sector, but this needs a clear road map in the form of a comprehensive API policy and China’s help and understanding. And this is why the Pakistani delegation with the PM Imran Khan kept it on the agenda during ministerial talks in Beijing.
Author and strategic analyst argues that PM Imran Khan's February visit to Beijing should be seen as a mutual opportunity for both countries to bring a new impetus to their strategic cooperative partnership, happening at a time when the crisis in Ukraine is casting a further dark shadow on the geopolitical landscape and the bigger great game is being played out during the Beijing 2022 Winter Olympics.
On the eve of the Prime Minister's visit to meet President Xi, and attend the Winter Olympics being held in Beijing, GVS editor Dr. Moeed Pirzada sat down with Khalid Mansoor, state minister and SAPM on CPEC Affairs, to understand the challenges of CPEC phase II, what is the current status of CPEC, where is it going, is it stalled as it is increasingly being said in the media, and what is his current agenda in the Beijing visit.
If Pakistan is to have a credible share of the $2 trillion Chinese import market, it needs to undertake serious trade policy reforms. Like the ASEAN, Pakistan needs to lower its import tariffs and get rid of its protectionist policies.
The Prime Minister is visiting China with the goal of persuading Chinese companies to relocate to Pakistan. While this may appear to be a terrific "get out of jail free" card for Pakistan, Pakistan's "do more" attitude to Beijing is not sustainable or sensible, and it wastes Beijing's finite goodwill.
As PM Imran Khan heads to China to meet with President Xi and attend the Winter Olympics, GVS Editor Dr Moeed Pirzada sits down with Chairman WAPDA, Gen. Muzammil Hussain to understand what is behind Pakistan's energy challenges, Why dams were not built, and what further role Chinese companies and investment can play in helping Pakistan improving its energy challenges.
An evolving and perhaps the most pressing issue prevalent in the country is that of persistently high energy-related accumulated costs, better known as circular debt. The last 4-to 5 governments have failed to resolve this issue and it has been continuously mushrooming
China highly appreciates Pakistan's strong support and sincere wishes to China in hosting the Beijing Winter Olympics. We warmly welcome PM Imran Khan to come to China to attend the opening ceremony.
220 million Pakistanis are only 11 percent of the nearly two billion strong Islamic civilization. China Pakistan cooperation, therefore, is not between two entire civilizations, rather it is a cooperation between one whole civilization under one state and a small but important part of Islamic civilizations.