Pakistan’s capital, Islamabad, is under strict security lockdown as Prime Minister Shehbaz Sharif met Chinese Premier Li Qiang on Monday. Pakistan's Prime Minister's Office said Li’s visit is the first by a Chinese premier to visit the country in 11 years. PM Shehbaz Sharif received Li at the airport. The government announced a three-day public holiday in Islamabad, with businesses and schools shut and a large contingent of paramilitary and police forces deployed.&nbsp;

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Chinese Premier&nbsp;LI will attend the 23rd Shanghai Cooperation Organisation (SCO), meeting of the Council of the Heads of Government (CHG) scheduled on October 15 and 16, 2024.&nbsp;

Prime Minister Shehbaz Sharif and Chinese Premier Li Qiang jointly inaugurated Gwadar International Airport. While addressing a ceremony of the airport’s virtual inauguration with the Chinese Premier, PM Shehbaz said the landmark achievement was about the time-tested friendship between the two nations. The two leaders unveiled the plaque of Gwadar International Airport. The inaugural ceremony was attended by the members of both delegations, military leadership, ministers, and senior officials.&nbsp;

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Pakistan's PM expressed hope that the completion of the airport will transform Gwadar's economy. He said the completion highlights the commitment and support of Chinese leadership to Pakistan's economic agenda and help develop backward areas. He also said that both sides have signed several memorandums of understanding (MOUs) in the fields of commerce, agriculture, and industry.&nbsp;

He told the Chinese premier, “No doubt these MoUs will shape into agreements very soon through joint efforts of both countries. Once again, I thank you for your visit to Pakistan out of your busy schedule which is a reflection of your commitment to promoting friendship between the two countries.”&nbsp;

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He also mentioned comprehensive discussions that were held between both sides and thanked President Xi Jinping, the Chinese premier and the Chinese citizens for their gift resembling Gwadar International Airport.&nbsp;

The Chinese premier congratulated Pakistanis upon the virtual inauguration of the airport, saying it was a manifestation of the commitment of Pakistani and Chinese engineers and workers. He said it was an important step for realising the vision of regional connectivity.

He further mentioned that as a symbol of cooperation, “CPEC played a positive role in Pakistan’s economic and social development and regional integration.” Chinese premier LI termed Pak-China ties a “special relationship and friendship” and said the all-weather strategic partnership was further deepening. He added, “The unique and unbreakable time-tested ironclad friendship stood the global changing landscape.” Pakistan’s PM expressed his deepest gratitude to China for its support and dedication to help support the country to grow.

(With inputs from agencies) 
&nbsp;

Pakistan’s capital, Islamabad, is under strict security lockdown as Prime Minister Shehbaz Sharif met Chinese Premier Li Qiang on Monday. Pakistan's Prime Minister's Office said Li’s visit is the first by a Chinese premier to visit the country in 11 years.

Pakistan’s capital, Islamabad, is under strict security lockdown as Prime Minister Shehbaz Sharif met Chinese Premier Li Qiang on Monday. Pakistan's Prime Minister's Office said Li’s visit is the first by a Chinese premier to visit the country in 11 years. PM Shehbaz Sharif received Li at the airport. The government announced a three-day public holiday in Islamabad, with businesses and schools shut and a large contingent of paramilitary and police forces deployed. Chinese Premier LI will attend the 23rd Shanghai Cooperation Organisation (SCO), meeting of the Council of the Heads of Government (CHG) scheduled on October 15 and 16, 2024. Prime Minister Shehbaz Sharif and Chinese Premier Li Qiang jointly inaugurated Gwadar International Airport. While addressing a ceremony of the airport’s virtual inauguration with the Chinese Premier, PM Shehbaz said the landmark achievement was about the time-tested friendship between the two nations. The two leaders unveiled the plaque of Gwadar International Airport. The inaugural ceremony was attended by the members of both delegations, military leadership, ministers, and senior officials. Also Read | North Korea blows up inter-Korean roads and rail lines, escalating tensions with South Korea Pakistan's PM expressed hope that the completion of the airport will transform Gwadar's economy. He said the completion highlights the commitment and support of Chinese leadership to Pakistan's economic agenda and help develop backward areas. He also said that both sides have signed several memorandums of understanding (MOUs) in the fields of commerce, agriculture, and industry. He told the Chinese premier, “No doubt these MoUs will shape into agreements very soon through joint efforts of both countries. Once again, I thank you for your visit to Pakistan out of your busy schedule which is a reflection of your commitment to promoting friendship between the two countries.” Also Read | UFO 'mother ships' released swarms of smaller crafts over US Air Force base, says security expert He also mentioned comprehensive discussions that were held between both sides and thanked President Xi Jinping, the Chinese premier and the Chinese citizens for their gift resembling Gwadar International Airport. The Chinese premier congratulated Pakistanis upon the virtual inauguration of the airport, saying it was a manifestation of the commitment of Pakistani and Chinese engineers and workers. He said it was an important step for realising the vision of regional connectivity. He further mentioned that as a symbol of cooperation, “CPEC played a positive role in Pakistan’s economic and social development and regional integration.” Chinese premier LI termed Pak-China ties a “special relationship and friendship” and said the all-weather strategic partnership was further deepening. He added, “The unique and unbreakable time-tested ironclad friendship stood the global changing landscape.” Pakistan’s PM expressed his deepest gratitude to China for its support and dedication to help support the country to grow. (With inputs from agencies)

Pakistan PM Shehbaz Sharif and Chinese Premier Li Qiang inaugurate Gwadar International Airport

Chinese Premier Li Qiang hits back at the US and the European Union on claims that Chinese firms benefit from unfair subsidies and 'flood' global markets with cheap goods. His comments came during his address at a World Economic Forum meeting in Dalian.

'China's production of advanced electric vehicles, lithium-ion batteries and photovoltaic products, first met out domestic demand, but also enrich global supply', he said in his opening remarks. 'The rapid rise of China's new industries is rooted in our own unique comparative advantages', he added.

China and the European Union are preparing to host talks on the planned EV tariffs on Chinese EVs. China is already facing tariff hikes from the US, with Canada also contemplating similar tariffs. China is facing a slowdown in domestic demand, making it paramount for the second-largest economy to expand its exports. This has triggered trade impositions by major economies, with the US &amp; the EU at the forefront.

China is currently using various tactics to avert EU tariffs. The country is already contemplating a probe into EU pork imports. China is also talking to other stakeholders, including German car manufacturers, to persuade the EU to reverse its decision. 'The continuous emergence of economies of scale can effectively dilute enterprises' innovation costs, which is the real source of the strong competitiveness of China's new industries', Li said.

China denies overcapacity problems, stating that demand will soon equal supply as the economy recovers. The country is also maintaining its growth target of 5 per cent for 2024. Still, recovery seems subdued due to domestic slump and trade tensions with major markets.

Chinese Premier Li Qiang hits back at the US and the European Union on claims that Chinese firms benefit from unfair subsidies and 'flood' global markets with cheap goods.

Chinese Premier Li Qiang hits back at the US and the European Union on claims that Chinese firms benefit from unfair subsidies and 'flood' global markets with cheap goods. His comments came during his address at a World Economic Forum meeting in Dalian. 'China's production of advanced electric vehicles, lithium-ion batteries and photovoltaic products, first met out domestic demand, but also enrich global supply', he said in his opening remarks. 'The rapid rise of China's new industries is rooted in our own unique comparative advantages', he added. China and the European Union are preparing to host talks on the planned EV tariffs on Chinese EVs. China is already facing tariff hikes from the US, with Canada also contemplating similar tariffs. China is facing a slowdown in domestic demand, making it paramount for the second-largest economy to expand its exports. This has triggered trade impositions by major economies, with the US & the EU at the forefront. China is currently using various tactics to avert EU tariffs. The country is already contemplating a probe into EU pork imports. China is also talking to other stakeholders, including German car manufacturers, to persuade the EU to reverse its decision. 'The continuous emergence of economies of scale can effectively dilute enterprises' innovation costs, which is the real source of the strong competitiveness of China's new industries', Li said. China denies overcapacity problems, stating that demand will soon equal supply as the economy recovers. The country is also maintaining its growth target of 5 per cent for 2024. Still, recovery seems subdued due to domestic slump and trade tensions with major markets.

Chinese Premier counters 'overcapacity' claims, says we 'enrich global supply'

Chinese Premier Li Qiang hailed what he called a "restart" in relations with Japan and South Korea as he met with their leaders on Monday for the first three-way discussions in four years, intending to revive&nbsp;trade and security exchanges stalled by global tension.<o:p></o:p>

According to Seoul officials, Li, South Korean President Yoon Suk Yeol, and Japanese Prime Minister Fumio Kishida will issue a joint statement on six issues, including the economy and trade, science and technology, people-to-people exchanges, health, and the aging population. Japanese media stated that they may also agree to restart talks on a three-party free trade agreement (FTA) that has been deadlocked since 2019.<o:p></o:p>

Li urged for a thorough resumption of trilateral cooperation with an open and transparent attitude at the summit, according to China's official Xinhua news agency. He remarked on the three countries' consistent relations in the face of considerable global change. "Our meeting today, the first in more than four years, is both a restart and a new beginning," Li said, according to a post on X by China's foreign ministry.<o:p></o:p>

China, along with US allies South Korea and Japan, is attempting to manage developing hostility amid rivalries between Beijing and Washington, as well as tensions over Taiwan, which China claims as its territory.<o:p></o:p>

Yoon and Kishida have recently deepened connections with each other and with Washington, embarking on unprecedented three-way cooperation with the US on military and other issues. The summit comes after the leaders conducted bilateral talks on Sunday.<o:p></o:p>

During the bilateral discussions, Li and Yoon agreed to continue diplomatic and security dialogue, as well as free trade talks, while Kishida and Li discussed Taiwan and decided to hold a fresh round of bilateral high-level economic dialogue. Yoon also asked China to play a constructive role in confronting North Korea's growing nuclear and missile capabilities, despite UN Security Council resolutions. The Japan Coast Guard announced on Monday that North Korea intends to launch a rocket carrying a space satellite between May 27 and June 4.<o:p></o:p>

In response to the notice, officials from the United States, Japan, and South Korea called each other and urged that North Korea postpone the launch, which they claimed would deploy ballistic missile technology in violation of UN resolutions, according to Japan's Foreign Ministry. China, South Korea, and Japan's economic partnerships have grown more competitive during the last decade.<o:p></o:p>

These connections have been stretched further by the United States' desire for its allies to transfer supply chains for crucial products, such as semiconductors, away from China. Officials and diplomats from South Korea and Japan have set a low standard for the summit, expressing concern about major announcements but underlining that simply gathering will help renew and rejuvenate their frayed ties. The three leaders are also set to attend a meeting with leading business executives.<o:p></o:p>

Since 2012, South Korea, Japan, and China have undertaken 16 rounds of official negotiations on a three-way free trade agreement. At their most recent meeting in November 2019, the three countries agreed on a level of liberalisation greater than that of the Regional Comprehensive Economic Partnership (RCEP), of which they are all members, encompassing areas such as trade in goods and services, investment, customs, competition, and e-commerce.<o:p></o:p>

(With inputs from Reuters)<o:p></o:p>

Chinese Premier Li Qiang hailed what he called a "restart" in relations with Japan and South Korea as he met with their leaders on Monday for the first three-way discussions in four years, intending to revive trade and security exchanges stalled by global tension.

Chinese Premier Li Qiang hailed what he called a "restart" in relations with Japan and South Korea as he met with their leaders on Monday for the first three-way discussions in four years, intending to revive trade and security exchanges stalled by global tension. According to Seoul officials, Li, South Korean President Yoon Suk Yeol, and Japanese Prime Minister Fumio Kishida will issue a joint statement on six issues, including the economy and trade, science and technology, people-to-people exchanges, health, and the aging population. Japanese media stated that they may also agree to restart talks on a three-party free trade agreement (FTA) that has been deadlocked since 2019. Li urged for a thorough resumption of trilateral cooperation with an open and transparent attitude at the summit, according to China's official Xinhua news agency. He remarked on the three countries' consistent relations in the face of considerable global change. "Our meeting today, the first in more than four years, is both a restart and a new beginning," Li said, according to a post on X by China's foreign ministry. China, along with US allies South Korea and Japan, is attempting to manage developing hostility amid rivalries between Beijing and Washington, as well as tensions over Taiwan, which China claims as its territory. Yoon and Kishida have recently deepened connections with each other and with Washington, embarking on unprecedented three-way cooperation with the US on military and other issues. The summit comes after the leaders conducted bilateral talks on Sunday. During the bilateral discussions, Li and Yoon agreed to continue diplomatic and security dialogue, as well as free trade talks, while Kishida and Li discussed Taiwan and decided to hold a fresh round of bilateral high-level economic dialogue. Yoon also asked China to play a constructive role in confronting North Korea's growing nuclear and missile capabilities, despite UN Security Council resolutions. The Japan Coast Guard announced on Monday that North Korea intends to launch a rocket carrying a space satellite between May 27 and June 4. In response to the notice, officials from the United States, Japan, and South Korea called each other and urged that North Korea postpone the launch, which they claimed would deploy ballistic missile technology in violation of UN resolutions, according to Japan's Foreign Ministry. China, South Korea, and Japan's economic partnerships have grown more competitive during the last decade. These connections have been stretched further by the United States' desire for its allies to transfer supply chains for crucial products, such as semiconductors, away from China. Officials and diplomats from South Korea and Japan have set a low standard for the summit, expressing concern about major announcements but underlining that simply gathering will help renew and rejuvenate their frayed ties. The three leaders are also set to attend a meeting with leading business executives. Since 2012, South Korea, Japan, and China have undertaken 16 rounds of official negotiations on a three-way free trade agreement. At their most recent meeting in November 2019, the three countries agreed on a level of liberalisation greater than that of the Regional Comprehensive Economic Partnership (RCEP), of which they are all members, encompassing areas such as trade in goods and services, investment, customs, competition, and e-commerce. (With inputs from Reuters)

Chinese Premier Li Qiang hails 'restart' in relations with Japan and South Korea

Li Qiang will become the first Chinese premier in three decades to skip a press briefing at the annual legislative meeting, a move likely to fan investor fears about opaque policymaking.

China scraps Premier Li Qiang's briefing; Press conference in place since 1993

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Pakistan PM Shehbaz Sharif and Chinese Premier Li Qiang inaugurate Gwadar International Airport

Chinese Premier counters 'overcapacity' claims, says we 'enrich global supply'

Chinese Premier Li Qiang hails 'restart' in relations with Japan and South Korea

China scraps Premier Li Qiang's briefing; Press conference in place since 1993