Second Belt and Road to be hosted in 2019: President Xi

News Image

MG News | May 16, 2017 at 10:30 AM GMT+05:00

0:00

Chinese President, Xi Jinping has announced that China will host Second Belt and Road Forum for International Co-operation in 2019. President Xi while addressing the conference said that implementation of Belt and Road forum was in full swing as governments and representative of 68 countries had signed multilateral agreements with China. He said that these ties need to be strengthened in order to develop deep and broad co-operation amongst the members.

He held that a list of 270 outcomes was finalized citing progress on project, saying that the project was getting confidence boost from the co-operation of countries from around the world.  He said world trade needs to be accentuated by developing a system of mutual co-operation and inclusiveness. HE also said that China believes in synergy of different countries around the world in order to help countries in their efforts for development and poverty reduction. He also added that projects also need to increase people to people communication and catapult Chinese culture via cultural exchange programs across the borders to strengthen ties.

The participants of the forum agreed on a variety of outcomes and adopted a joint communiqué. The forum that lasted for two days in Beijing was the most important event held regarding Belt and Road initiative after President Xi Jinping announced the project back in 2013. It also was the highest gathering of international leaders ever hosted by China.

Related News

Name Price/Vol %Chg/NChg
KSE100 171,115.82
431.76M
-1.03%
-1778.46
ALLSHR 102,630.82
1,022.40M
-0.72%
-743.98
KSE30 51,478.54
123.81M
-1.23%
-641.56
KMI30 245,731.79
184.52M
-1.22%
-3035.83
KMIALLSHR 66,650.32
595.11M
-0.81%
-541.20
BKTi 47,279.59
41.00M
-1.38%
-660.98
OGTi 35,704.94
10.73M
-1.65%
-598.06
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,955.00 80,730.00
79,370.00
-390.00
-0.49%
BRENT CRUDE 101.44 102.92
99.55
1.38
1.38%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-3.30
-2.91%
ROTTERDAM COAL MONTHLY 107.10 107.75
106.20
2.10
2.00%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 95.85 98.64
93.82
1.04
1.10%
SUGAR #11 WORLD 14.69 14.75
14.46
0.15
1.03%

Chart of the Day


Latest News
May 08, 2026 at 09:59 PM GMT+05:00

Wahdat Poultry Farm lists on PSX


May 08, 2026 at 09:23 PM GMT+05:00

IMF approves $1.2bn for Pakistan


May 08, 2026 at 07:18 PM GMT+05:00

Govt warns against sudden tariff cuts



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg