Pakistan - China Trades

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First shipment of dried chillies leaves for China​

Tahir Siddiqui
December 20, 2023

KARACHI

First shipment of dried chillies leaves for China

CM says Sindh contributes 80pc of total national production of chillies.

www.dawn.com

 

[ghazi52]

Pakistan's cotton export to China crosses $617 million in 2023​

Gwadar Pro
Jan 8, 2024

BEIJING, (China Economic Net) – Experts in Pakistani cotton expressed optimism about the growth of the country's cotton sector and yarn exports to China and other countries, which are rising annually despite floods and other challenges.

According to the Pakistan Ministry of Commerce, sources said that as per the General Administration of Customs of the People's Republic of China (GACC), China imported more than $617.62 million worth of cotton yarn from Pakistan in the first eleven months of 2023. Uncombed single cotton yarn containing 85% or above, (commodity code 52051200) crossed $ 414.70 million from January – November of 2023.

Data further showed that cotton yarn (commodity code 52051100) crossed $195.097 million in the first eleven months of 2023, while last year in the same period it was $106.76 million. Uncombed cabled cotton yarn (commodity code 52053200) crossed $5.27 million from January to November 2023. In the first eleven months of 2023, more than 237964.907 tons of cotton yarn in the top three items were imported from Pakistan.

Sajjad Mazahir, General Manager of China Operations Keywin Trading Ltd, told China Economic Net that Cotton yarn exports from Pakistan to China are one of the very organized export sectors. Suppliers have built their brands and reputation over quality, pricing, and above all strong connections over the year.

He further said that Pakistan's local textile industry has been blessed with tremendous opportunities post flood with many sectors showing strong exports, denim, towels, home textiles, and made-ups. That situation has changed Pakistan's surplus exports to local consumption and the price quantities being exported to China is sliding gradually.

Pakistan's cotton export to China crosses $617 million in 2023

BEIJING, Jan 08 (China Economic Net) – Experts in Pakistani cotton expressed optimism about the grow

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[ghazi52]

China customs allows Pakistani dairy products to export to China​

China Economic Net
Nov 8, 2023

BEIJING,(China Economic Net)- General Administration of Customs of China announced on Monday to allow the export of Pakistani milk and dairy products to China. Ghulam Qadir Commercial Counsellor at Pakistan Embassy said this decision marks a significant milestone in the bilateral trade relationship between the two nations and has the potential to create a new avenue for economic cooperation.

Ghulam Qadir said that as China continues to diversify its import sources, the move is expected to open up lucrative opportunities for Pakistan's dairy industry, potentially reshaping the dynamics of the global dairy trade.

“Feeling jubilant over this new development. With this we are Inching closer towards sustainable bilateral trade between Pakistan and China with bigger share of Pakistan’s exports”, he added.

According to announcement from GACC Foods made from cow's milk or camel's milk, including milk powder, whey powder, whey protein powder, bovine colostrum powder, sterilized milk, modulated milk, fermented milk, cheese and processed cheese, thin cream, cream, anhydrous cream, these dairy products can be exported to China from Pakistan.

The statement further states that dairy animals that provide raw milk for dairy products exported to China shall meet different standards including FMD quarantine restrictions have been lifted for at least 2 months and The farm has not been subject to quarantine restrictions for anthrax in the past 12 months.

“Dairy products to China must be packaged in new materials that meet Chinese standards. The outer packaging shall be marked in Chinese, Urdu and English with specifications, origin (specific to the state / province / city), destination, product name, weight, manufacturer name, registration number, production batch number, storage conditions, production date and shelf life,” statement added.

China customs allows Pakistani dairy products to export to China

BEIJING, Nov 8 (China Economic Net)- General Administration of Customs of China announced on Monday

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[ghazi52]

Pakistan's copper export to China crosses $1 billion mark in 2023​

China Economic Net
Jan 4, 2024

BEIJING,- Copper and articles thereof have seen an increase in export to China from Pakistan in recent years and in the first eleven months of 2023 increased by 9%, crossed one billion dollars mark, sources from Commerce Ministry of Pakistan told China Economic Net.

Ghulam Qadir, Commercial Counsellor at the Pakistan Embassy in Beijing, told CEN that the Pakistani government is keen to boost copper and associated product exports to China. He also mentioned that Pakistan's exports of copper to China have increased recently, and he anticipated that the value of these exports will rise as a result of refined copper products.

“Pakistan has been actively seeking foreign investments, particularly from big Chinese companies, to bring in value addition and produce more valuable products for the global market. Having Chinese companies invest in Pakistan would not only provide a boost to the country’s economy but also open doors for advanced technologies and expertise. This would enable Pakistan to enhance its manufacturing capabilities and produce high-quality, value-added products that can meet international standards”, he added.

He continued by saying that Metallurgical Corporation of China (MCC), one of the major participants in the Chinese copper sector, is active in Pakistan and was crucial to the establishment of the Saindak copper mines starting in 1995.

Pakistani copper exporter Awis Mir, Chairman of DEA grouptold CEN that this is due to increased investment by Chinese companies with local Pakistani companies and increased demand for copper products in China after COVID-19, added that this trend is likely to continue as both countries are expected to benefit from increased economic cooperation.

Pakistan's copper export to China crosses $1 billion mark in 2023

BEIJING, Jan.3 (China Economic Net)- Copper and articles thereof have seen an increase in export to

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[ghazi52]

3P Pakistan Expo fuels Pak-China partnership in plastics industry​

Gwadar Pro
Oct 18, 2023

KARACHI - The Pakistan Plas Print Pack Exhibition (3P PAKISTAN 2023), a premier event in Pakistan's rubber and plastics industry, was held at the Karachi Exhibition Center from October 12th to 14th. The exhibition facilitated collaboration opportunities and showcased cutting-edge products and technologies, which attracted 18,000 visitors and exhibitors from 26 countries.

Chinese companies such as Powerjet and Sanyang stood out among the exhibitors, showcasing their latest products and seeking partnerships with local businesses.

"The exhibition serves as a vital platform for industry professionals, manufacturers, and buyers to network, exchange ideas, and explore the latest trends and innovations in the rubber and plastics sector. We have already established cooperation intentions with several Pakistani companies.

Our goal is to collaborate in research and development and expand our products and services to tap into wider international markets," stated the sales manager of Powerjet. At the exhibition, Powerjet showcased its star products, including injection molding machines and extrusion and blow molding machines.

The presence of Chinese companies further promoted economic collaboration and mutual growth between Pakistan and China in the plastics industry. The participation of international exhibitors elevated the significance of the 3P Pakistan Exhibition as a platform for facilitating cross-border cooperation and showcasing industry advancements on a global scale.

3P Pakistan Expo fuels Pak-China partnership in plastics industry

KARACHI, Oct 18 (Gwadar Pro) - The Pakistan Plas Print Pack Exhibition (3P PAKISTAN 2023), a premier

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[ghazi52]

160 high-end e-buses to boost green transportation in Pakistan​

By Wu Siya | Gwadar Pro
Jan 5, 2024

SUZHOU, –On January 5, the delivery ceremony for 160 Suzhou Higer high-end pure electric buses exported to Pakistan was held in Suzhou Industrial Park, China. It is reported that the order value of the order exceeds RMB 150 million, which is the first time that Pakistan has introduced pure electric buses in large quantities.

The 160 high-end e-buses delivery ceremony [Photo/Higer]

Honored guests including Mr. Rana, Director General of the Capital Development Bureau of Pakistan, Mr. Amer, General Manager of NTRC Commercial Projects, Mr. Amir, Chairman of Pakistan UAE Company, Huang Shuping, General Manager of Suzhou Higer, Qiu Yuanhong, Deputy General Manager, Xie Jianghong, Customer Service Director, Jiang Haifeng, General Manager of Overseas Sales attended the ceremony.

Group photo of guests [Photo/Higer]

Mr. Rana and Mr. Amer delivered speeches respectively, expressing high recognition for this batch of buses. The day before the ceremony, Pakistani side tested these buses, which performed perfectly in appearance, performance and all other aspects.

Currently, Higer’s new energy buses have occupied the largest market share in Pakistan to contribute to Pakistan's green and low-carbon travel.

Entered the Pakistani market in 2006, in response to the local dusty and congested road traffic characteristics, Higer has continued to carry out technological innovation and customized high-quality buses for Pakistan that can calmly cope with the local climate environment and complex road conditions.

The batch of pure electric buses exported this time have the advantages of zero emissions, low operating costs, and low noise pollution, which will greatly improve the efficiency of public transportation operations and the quality of residents’ travel.

In addition, the cruising range of the buses exceeds 250 kilometers and the entire vehicle uses the most advanced cathodic electrophoresis technology, through which own an anti-corrosion period of more than ten years. In terms of software intelligence, 160 pure electric buses are equipped with the intelligent operation system T-BOX, which can monitor driver behavior and vehicle operation data in real time to ensure operational safety and protect passenger travel.

As an important part of China-Pakistan Economic Corridor and Belt and Road Initiative, the transportation field will continue to usher in more efficient and green reforms in the future. The arrival of 160 e-buses to Pakistan, as a new starting point, promoting the high-quality development of CPEC and BRI in the field of public transportation.

160 high-end e-buses to boost green transportation in Pakistan

SUZHOU, Jan. 5 (Gwadar Pro)–On January 5, the delivery ceremony for 160 Suzhou Higer high-end pure e

www.gwadarpro.pk

 

[mulj]

If you manage to increase exports to China up to several dozen billions of usd, your country would be much more comfortable in their foreign policy due decrease of dependency on western money influx.
That is goal that should be pursued anyway.

 

[ghazi52]

The first batch of Pakistani dried chili arrives in China

 

[ghazi52]

New China-Pakistan cargo route launched to facilitate air transport​

APP

BEIJING: A new air cargo route was launched linking Ezhou Huahu Airport in central China’s Hubei Province with Lahore, said SF Airlines, China’s largest air cargo carrier in fleet size.

The Ezhou-Lahore cargo route is the first international air cargo route launched by SF Airlines this year, departing from Ezhou Huahu Airport, China’s first cargo-focused airport.

The Ezhou-Lahore route is planned to operate three times a week, providing over 300 tons of air transport capacity from Ezhou to Lahore every week. The transported goods mainly include textiles, 3C electronic products, electronic equipment, etc., China Economic Net (CEN) reported.

The opening of this international cargo route is an important measure for Huahu Airport to further increase routes to South Asia. It will provide an efficient and stable air logistics channel for economic and trade exchanges between China and Pakistan and provide more logistics convenience for Chinese brands to explore the Pakistani market.

Previously, SF Airlines had opened two direct cargo routes from Ezhou to South Asia: Ezhou-Delhi and Ezhou-Chennai. The opening of the new Pakistani route will further strengthen Ezhou’s South Asian air transport network.

SF Airlines, the aviation branch of China’s leading courier enterprise SF Express, has launched a total of 11 international cargo routes from Ezhou to global destinations to date.

 

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First batch of cooked beef imported from Pakistan cleared customs in Tianjin​

By Wu Siya | Gwadar Pro
Jan 18, 2024

TIANJIN, – On January 3, 500 kilograms of frozen boiled beef from Pakistan passed the territorial inspection of Tianjin Customs and entered the Chinese market, being the first batch of cooked beef imported by China from Pakistan.

Frozen cooked beef from Pakistan passes Tianjin Customs [Photo provided to GP]

In recent years, cooperation between China and Pakistan in various fields has been continuously strengthened. Since last year, both sides have signed protocols on the export of Pakistani cooked beef and dried chili peppers to China, achieved access to Pakistani fresh cherries to China, and reached an agreement on the export of Pakistani dairy products and animal skins to China.

An increasing number of Pakistani products of high quality and qualified companies are entering the Chinese market.

In 2022, global beef consumption reached 56.961 million tons, with China’s beef consumption reaching 9.87 million tons, accounting for 17% of the total. In contrast, Pakistan only contributes .5% to the world’s beef consumption. According to a report released by China Animal Agriculture Association, China’s beef consumption is projected to continue increasing until 2025. It is expected that by 2035, China’s beef consumption will reach 14 million tons, with a projected gap of more than 3 million tons.

“We learned through the import access list published by the General Administration of Customs that Pakistani cooked beef has recently gained access. After contacting Pakistan Organic Meat Company Limited through the online platform, we learned more about their product, then signed a cooperation agreement,” Ma Weilong, General Manager of Tianjin Longing International Logistics Co., Ltd., which imported the goods, told the reporter of Gwadar Pro.

“Pakistan is a viable export partner of China due to its proximity and logistics advantages. We are also the cheapest nation in providing goods to the world. The quality and price of Pakistan’s beef are far superior to those of many other countries,” CEO of Organic Meat said.

Pakistani heat-treated beef that is allowed to be imported refers to meat products that are made from boneless skeletal muscle of cattle under 30 months of age, which are pre-boned and fat-removed and then heated to an internal core temperature of above 70℃ for at least 30 minutes.

“It only took less than one day from pick-up at the port to customs clearance, which greatly saved customs clearance costs and allowed imported food to be put on domestic shelves for sale as soon as possible,” said Liu Haizhou, deputy general manager of Longing.

“Beijing and Tianjin Customs attach great importance to this batch of goods. They greatly improve customs clearance efficiency through the application of automated electronic customs declaration and inspection technology,” Ma added, “This is the first time we have cooperated with a Pakistani partner. In the future, Longing will have more in-depth trade cooperation with Pakistani cooked beef factories.”

 

[ghazi52]

Trade settlement in Chinese RMB soars 600pc​

Mushtaq Ghumman
January 20, 2024

ISLAMABAD: Pakistan’s trade settlement in Chinese RMB has increased by 600 percent, ie, from 2 percent in 2018 to over 14 percent in 2023, well-informed sources in the Commerce Ministry told Business Recorder.

The State Bank of Pakistan (SBP) recently informed the Apex Committee of the Special Investment Facilitation Council (SIFC) that the necessary regulatory framework for the settlement of trade in RMB is in place. The SBP has designated three banks, ie, ICBC, BoC and SCB to establish RMB settlement and the clearing setup.

People’s Bank of China (PBC) and SBP signed a cooperation Memorandum of Understanding (MoU). Subsequently, PBC authorized ICBC to act as RMB clearing bank in Pakistan. Resultantly, there has been a noticeable increase in trade settled in RMB - from 2 percent in 2018 to more than 14 percent in 2023.

According to the State Bank, the development on establishment of a regulatory framework will be communicated to importers/exporters and other interested investors and an update will be presented in the next EC.

The Council was also informed that SBP has put in place a regulatory framework for the facilitation of banks to carry out settlements through the Asian Clearing Union (ACU) mechanism, which allows settlement of trade in three currencies (dollar, Euro, and JPY). Pakistan is an active number of ACUs with a total trade during Jan-Oct 2023 of $ 509 million.

The AC of the SIFC has directed Governor SBP to communicate development on the establishment of a regulatory framework for ACU to concerned importers/exporters and investors and an update be presented in the next EC.

The meeting was also informed that cash over the counter facility in already is place (was never suspended) to facilitate exports to Afghanistan, subject to submission of the Customs’ declaration to ensure that foreign currency carried by Afghani importers comes from across the border of Afghanistan.

The Governor State bank of Pakistan has been directed to provide a progress update on SBP’s engagement with National Bank of Pakistan to utilize its branches/booths at border crossing points to collect foreign currency cash and present it in the next EC.

 

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First Shipment Sets Green Pakistan Smart Farm Project in Motion​

By Saira Iqbal
Jan 31, 2024

Beijing -The inaugural shipment of equipment for the Green Pakistan Million Acre Smart Farm Project was dispatched from China to Pakistan on January 23, marking a significant milestone in the country's agricultural development. This collaborative initiative, led by Dayu Irrigation Group and local partners, aims to revolutionize farming practices and contribute to the implementation of the Green Pakistan Initiative.

The delivery ceremony was attended by Mr. Zaeem, the president of the exclusive distributor in Pakistan, and Mr. Fu Shuai, Vice GM of Dayu Irrigation International Department, who emphasized the project's importance. "The Green Pakistan Initiative, launched on July 7, 2023, by the Prime Minister of Pakistan, aims to transform the agricultural landscape. We are dedicated to participating in this groundbreaking endeavor and contributing our expertise," stated Mr. Fu Shuai.

Dayu Irrigation Group aims to integrate intelligent irrigation control systems into Pakistan's farming as part of the Green Pakistan Million Acre Smart Farm Project. By monitoring crop growth and optimizing water and fertilizer application, this system seeks to enhance yield, improve crop quality, and reduce labor costs for farmers.

"The project incorporates advanced equipment, innovative techniques and intelligent water management systems, all designed to maximize agricultural productivity while minimizing environmental impact," added Mr. Fu Shuai.

The successful shipment of the initial equipment batch signifies the beginning of a transformative journey for Pakistan's agricultural sector. Through unwavering Pak-China partnerships, the Green Pakistan Initiative is poised to usher in a new era of sustainable agriculture, benefiting farmers, rural communities and the nation as a whole.