China-Pakistan Year of Friendly Exchanges launched in Beijing

Neo

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China-Pakistan Year of Friendly Exchanges launched in Beijing

BEIJING, Jan. 19 (Xinhua) -- The China-Pakistan Year of Friendly Exchanges was launched in Beijing Monday.

Chinese Ambassador to Pakistan Sun Weidong said throughout the year, both sides will hold a series of events to promote understanding, trust and friendship between the two peoples.

He said the China-Pakistan all-weather strategic partnership is facing a huge opportunity, as both sides are pushing forward the construction of a China-Pakistan economic corridor.

The project, proposed in an agreement between the two countries reached in 2013, connects Kashgar in China's Xinjiang Uygur Autonomous Region to the southwestern Pakistani port of Gwadar.

Sun said China is looking forward to working with Pakistan to strengthen mutually beneficial cooperation.

In addition, he expressed hopes that Pakistan could play an active leading role in promoting the construction of the "One Belt, One Road," which are initiatives to revive the ancient Silk Road with a focus on infrastructure.

The Silk Road Economic Belt and the 21st Century Maritime Silk Road are a land-based belt from China via Central Asia and Russia to Europe, and a maritime route through the Straight of Malacca to India, the Middle East and East Africa.

In February 2014, China and Pakistan agreed on launching China-Pakistan Year of Friendly Exchanges in 2015.

Monday's event, organized by the International Centre for Communication of Tsinghua University and Pakistan-China Institution, attracted more than 200 participants from China and Pakistan, including diplomats and business people.

http://news.xinhuanet.com/english/ch..._133930819.htm
 

Bangalorean

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Sincere question: who comes up with these cheesy phrases and names? "Taller than tallest mountains", "deeper than deepest oceans", "sweeter than sweetest honey", and a shitload of other blush-inducing phraseology. And now, "year of friendly exchanges".
 

SANITY

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I am truly doubtful of China-Pakistan friendship and also whether Pakistan is an equal in this relationship but if they are, then, it's good for them to have someone they can rely on.
 

Neo

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I am truly doubtful of China-Pakistan friendship and also whether Pakistan is an equal in this relationship but if they are, then, it's good for them to have someone they can rely on.
Actions speak louder than words: the friendship has been equally beneficial for both countries so far and eventhough there are no permanent alliances, China and Pakistan will remain close and friendly neighbors.

China does not interfere with our domestic issues nor does she dictate our foreign policies. The Chinese media remains either friendly or neutral and does not put us in bad light. She has been very helpful in arms development and supplies, specially with building our nuclear
infrastructure. Without Chinese help we would not have revived the multiple reactor Chashma nuclear plants or the multi reactor Khushab heavy water nuclear complex. She has formed a natural counterweight against foreign agressors and supported us internationally.

It does not matter who has the better advantage, together we are strong and the alliance is only expected to become stronger in.the form of SCO and the Gwadar-Kashgar energy corridor.

The only equivalent of Sino-Pak friendship is maybe the Anglo-US or US-Israel alliance.
 

bose

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Actions speak louder than words: the friendship has been equally beneficial for both countries so far and eventhough there are no permanent alliances, China and Pakistan will remain close and friendly neighbors.

China does not interfere with our domestic issues nor does she dictate our foreign policies. The Chinese media remains either friendly or neutral and does not put us in bad light. She has been very helpful in arms development and supplies, specially with building our nuclear
infrastructure. Without Chinese help we would not have revived the multiple reactor Chashma nuclear plants or the multi reactor Khushab heavy water nuclear complex. She has formed a natural counterweight against foreign agressors and supported us internationally.

It does not matter who has the better advantage, together we are strong and the alliance is only expected to become stronger in.the form of SCO and the Gwadar-Kashgar energy corridor.

The only equivalent of Sino-Pak friendship is maybe the Anglo-US or US-Israel alliance.
Sir, the only sour point is that the same China who made so much of noise and posturing at the Indian border in 1971 but eventually did not make to friends assistance when in distress...
 

amoy

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Sir, the only sour point is that the same China who made so much of noise and posturing at the Indian border in 1971 but eventually did not make to friends assistance when in distress...
China was in agony of the cultural revolution then.
 

Neo

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Sir, the only sour point is that the same China who made so much of noise and posturing at the Indian border in 1971 but eventually did not make to friends assistance when in distress...
Pakistan had no military pact with China during the '71 crisis. We were supposedly under the US security umbrella.
 

bose

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Pakistan had no military pact with China during the '71 crisis. We were supposedly under the US security umbrella.
Your daddy came with mighty seventh fleet... That was too terrifying...
 

amoy

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Now China has grown from a backward country to someone who has a lot to offer her friends.

China's global investment set to pass inward flows as economy cools
BEIJING (Reuters) - China's foreign direct investment (FDI) rose at its slowest pace in two years in 2014, underscoring a cooling economy which is spurring more Chinese businesses to plough money overseas in a trend that is soon set to overtake inbound investment.

As the world's second-biggest economy pulls back from the frenetic doubt-digit growth rates of the past, the nation's corporate sector is looking offshore to expand their footprint and fatten their profits.

The shifts were evident in China's foreign direct investment (FDI) for 2014, which rose an annual 1.7 percent to a record $119.56 billion, while outbound direct investment (ODI) surged 14.1 percent to a new high of $102.9 billion (68 billion pounds), the commerce ministry said on Friday.

"Based on the current trend, China's outbound investment will keep growing faster than inbound investment, leaving China to soon become a net outbound investment country," Zhong Shan, Vice Minister of Commerce, told reporters on Friday.

In January last year, the commerce ministry said that outbound investment could surpass inbound investment by 2016.

China's investment in the European Union last year was 1.7 times that of 2013 and investment in the United States rose 23.9 percent in 2014, Zhong said.

ODI growth, however, slowed from 16.8 percent in 2013 although there's been a steady drive among Chinese firms to muscle their way into global finance.

Chinese companies remained an important driver of global mergers and acquisitions activity in 2014. Spending on technology, financial services, real estate grew fast, although spending in natural resources fell sharply.
http://finance.yahoo.com/news/chinas-fdi-growth-slows-2014-030358136.html

Our friendship carries more great substance than sloganeering >>> Chinese president to visit Pakistan next month
These agreements envisaged an initial investment of $34 billion the China-Pak Economic Corridor Support Project (CPECSP) approved by CDWP.

A number of new agreements/MoUs between Pakistan and China in the fields of energy, infrastructure, manufacturing, Railways, communication, information, media, culture etc were ready to be signed.

The Economic Corridor project become very significant after Pakistan gave control of its deep Gwadar port to China's State-owned China Overseas Ports Holding in February 2013.

Built by Chinese workers and opened in 2007, Gwadar is undergoing a major expansion to turn it into a full-fledged transshipment hub to cater for the needs of landlocked Central Asian Republics.

Pakistan and China have also signed agreements for constructing an international airport at Gwadar, upgrading a section of the 1,300-kilometre Karakorum Highway connecting China to Islamabad and laying a fibre-optic cable from the Chinese border to Rawalpindi.

In the energy sector 14 power projects including hydel, wind and coal projects with total investment of 15.5 billion dollars and a total production capacity of 10400 mega watts were likely to be signed during the visit.

Besides, projects having total production capacity of 6,120 mega watts are also contemplated to be installed with a total investment of 18.3 billion dollars.

China is also pouring its investment into alternative energy production. Bahawalpur solar park in the South Asia and 100 mw wind energy project-II are under construction in this sector.

The projects for the construction of Lahore-Karachi Motorway and the Raikot-Islamabad section, necessary for the construction of Bhasha Dam are also to be signed during the visit of President Xi Jinpang.

Another Railway project for the expansion and reconstruction of existing line ML-1 having a length of 1736 km and Havelian Dry port are also to be constructed with Chinese investment at a cost of $3.7 billion.

Prime Minister Nawaz Sharif has recently inaugurated construction of Pak- China motorway.

The Chinese had also agreed to invest in the establishment of economic zone, an optical fiber cable project and in the field of communications at a total cost of US$ 1.64 billion dollars.
 
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Ray

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Actions speak louder than words: the friendship has been equally beneficial for both countries so far and eventhough there are no permanent alliances, China and Pakistan will remain close and friendly neighbors.

China does not interfere with our domestic issues nor does she dictate our foreign policies. The Chinese media remains either friendly or neutral and does not put us in bad light. She has been very helpful in arms development and supplies, specially with building our nuclear
infrastructure. Without Chinese help we would not have revived the multiple reactor Chashma nuclear plants or the multi reactor Khushab heavy water nuclear complex. She has formed a natural counterweight against foreign agressors and supported us internationally.

It does not matter who has the better advantage, together we are strong and the alliance is only expected to become stronger in.the form of SCO and the Gwadar-Kashgar energy corridor.

The only equivalent of Sino-Pak friendship is maybe the Anglo-US or US-Israel alliance.
There is no doubt that this Fiendship has been beneficial to both.

Pakistan requires frrebies And China gets Gwadar and Balwaristan.

China has nothing to interfere about in Pakistan. What can one interfere about in rubble and ruin?
 
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roma

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The project, proposed in an agreement between the two countries reached in 2013, connects Kashgar in China's Xinjiang Uygur Autonomous Region to the southwestern Pakistani port of Gwadar.


no harm buildnig roads
one builds a road leading to a pot of glold -only to find that
that gold is already going on a different route - to the usa ?

Sincere question: who comes up with these cheesy phrases and names? "Taller than tallest mountains", "deeper than deepest oceans", "sweeter than sweetest honey", and a shitload of other blush-inducing phraseology. And now, "year of friendly exchanges".
no probs bro - let them dream

I am truly doubtful of China-Pakistan friendship and also whether Pakistan is an equal in this relationship but if they are, then, it's good for them to have someone they can rely on.
the partnership is actually between ccp and a few inividuals in packland
not the entire nation of pakistan
so as a few families in packland will beome super-rich,
they will be glad to sanction the project


I think increasingly we need be less and less bothered about this (intentionally sinister) axis
especially if the india - usa - plus a couple of others grouping continues to progress
as it seems to be doing right now

ccp-packland axis was a great thing in the past
when usa-india relations were below par

nowadays packland can join with whatever, whoever,
it will only help bring the other party down
 
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Ray

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China is rejoicing since this is the Year of the Sheep.

Pakistan should be careful that they are not being made Sheep Taken to Slaughter.

Useful to celebrate Ramzan in Xinjiang.
 

Sambha ka Boss

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Actions speak louder than words: the friendship has been equally beneficial for both countries so far and eventhough there are no permanent alliances, China and Pakistan will remain close and friendly neighbors.
Chinese only see value for their money, they won't give you any, but still the Americans and Saudis are largest aid giving countries to Pakistan.
 

amoy

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Pak, China agree to soften requirement for establishing banks

ISLAMABAD – Pakistan and China agreed on Thursday to soften up requirements for establishing branches of banks in each other's countries.

In a third meeting of second phase negotiations of China-Pakistan Free Trade Agreement (CPFTA) which was held here it was agreed that for establishing bank branches, asset requirement would be reduced to $15 billion from $20 billion, for all Pakistani banks, at the end of the year prior to the submission of the application.

The Pakistani banks can also open their businesses in RMB (Chinese currency), after one year of their business in China which was previously three years and the requirement for having been profitable for two consecutive years prior to the application is removed. In the meeting, Pakistani delegation was led by Additional Secretary-I Robina Ather, Ministry of Commerce Pakistan. Deputy Director General Yao Wenliang, Ministry of Commerce, (MOFCOM) China led Chinese delegation.

Presently the inward remittance is routed through foreign banks. Once the Pakistani banks are opened in China then the financial transactions would be routed through our own banks, says a statement issued by the commerce ministry here. It is expected that a substantial amount of money would move through Pakistan's banks which would benefit not only the reserves in the country but would also help in expansion of the economy and GDP.

The Chinese Investments for the Economic Corridor will be channelised through the Pakistani banks. It is expected that the current account deficit would be curtailed to substantial levels which would be an enormous achievement through this FTA of the Ministry of Commerce, the statement added. Working Group on customs shared some information on modalities of establishing customs Electronic Data Exchange related to the implementation of CPFTA. Both sides agreed that this working group would have first face-to-face meeting in January, 2015 in Beijing.

The group would mutually agree the frequency of the meetings and present their recommendations in the next meeting of CPFTA. On basis of the information shared, it is expected that the above online system can be launched in 2016. On the matters of Sanitary Phytosanitary (SPS) /Technical Barriers to Trade (TBT) and Mutual Recognition Agreement (MRA), both sides agreed that SPS and TBT Committees which have already been referred under article 34 and 41 of CPFTA may be made functional.

It was further agreed that both sides will exchange the names of focal persons and relevant departments by end of January, 2015 and a SPS and TBT Committee meeting may be held before next CPFTA meeting. Chinese side also agreed to consider Pakistani exporters' concerns regarding the inspection and quarantine process of Rapeseed Meal and Canola Seed based on Pakistan's co-operation. It was noticed that the trade figures quoted by both sides differed greatly.

Both sides agreed that a study may be conducted respectively to find out the reasons for this discrepancy and outcome of the study would be shared by end of January, 2015. In evaluating the first phase of CPFTA, both sides raised concerns regarding insufficient utilisation of concessions, influence to local industry as a result of concessions and misuse of certificate of origin which could be addressed in the second phase.

Based on the understanding that the tariff reduction modalities (TRMs) of the second phase of CPFTA will be independent of the 1st Phase TRM, both sides offered their respective TRM schedule. It was also agreed in the meeting that offers will be discussed further in the next meeting of the CPFTA negotiations scheduled to be held at the end of March, 2015 at Beijing. Both sides agreed to try their best to narrow down their gap between both TRMs.

Both sides also agreed to further analyse these offers including the trigger mechanism for special safe guard measures and give their recommendations by mid-February, 2015. It was agreed to establish a working group on Trade in Services & Investment, which will have its meeting with next CPFTA meeting, scheduled to be held at the end of March, 2015.
 

Redhawk

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Sincere question: who comes up with these cheesy phrases and names? "Taller than tallest mountains", "deeper than deepest oceans", "sweeter than sweetest honey", and a shitload of other blush-inducing phraseology. And now, "year of friendly exchanges".
When it comes to cheesy phrases, no-one beats the Chinese. The Chinese are experts in blush-inducing bullshit. As far as the Chinese are concerned, the more high-flown and ostentatious the language, the better.
 
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Redhawk

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In the whole world

China has Pakistan
Pakistan has China.

Who else do they have to call as fraaaaaaaaandzzzzz; they both have pissed off most other nations.

It can get pretty lonely on the Karakoram Highway, you know. And at lonely border outposts, all border guards have got is each other. :laugh:
 

Redhawk

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Pigs are homosexual? They can't be frigging serious. And eating pork passes on the pigs' "homosexual traits" to human beings and gets into human genes? That's moronic. In fact, that's beyond moronic. That's insane! And radical/militant Moslem fanatics want to rule the world and convert the whole world to Islam! With "reasoning" like that, they haven't got a hope in hell!
 
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