ISLAMABAD: Islamabad has launched a ‘national pavilion’ on China’s JD.com aimed at providing a platform to traders from both countries to promote Pakistani products through Beijing’s huge online market, state-run APP news agency reported on Saturday.
JD.com is China’s largest online retailer and its biggest overall retailer as well as the country’s biggest Internet company by revenue.
Pakistan’s ambassador to China, Moin ul Haque, inaugurated Pakistan’s first online national pavilion at a ceremony held at the Embassy of Pakistan in Beijing. Vice President of Prestige International, Ms. Sisy Ge, Senior Adviser of Prestige International, Luo Xiangdon and senior Pakistani officials were present at the event.
“While pavilion will serve as a starting point in further exploring excellent opportunities offered by the Chinese digital economy, it would also complement the efforts of Pakistan’s offline pavilions which have already been in active operation in various cities of China including Chengdu, Kunming, Urumqi Yiwu and Zhengzhou,” Haque was quoted by APP as saying. “Moreover, this pavilion would also provide a window for promoting Pakistan’s culture, cuisine, tourism and people-to-people exchanges.”
Haque called the launch of the pavilion a “historic occasion.”
“Our traders and exporters can open their shops and introduce their products through this platform and Chinese importers can also sell their Pakistan products,” he said, adding that Pakistani food products, garments, leather products, sports goods and even furniture could be promoted through this online platform.
“Our professional team will help Pakistani traders to export their products into Chinese markets and to connect them to the online platform,” an official at Prestige International said. “In the beginning, Pakistani food products would be put on sale on this online platform but gradually all kinds of high quality products would be available.”
Pakistan launches ‘national pavilion’ on China’s JD.com
https://arab.news/9ek69
Pakistan launches ‘national pavilion’ on China’s JD.com
- Pavilion will provide platform to promote Pakistani products through China’s huge online market
- JD.com is China’s largest online retailer and country’s biggest Internet company by revenue
Pakistan launches digital tools to trace life insurance claims, tighten motor insurance enforcement
- SECP rolls out SMS-based Life Insurance Policy Finder, orders insurers to join Motor Insurance Repository
- The regulator says centralized data will help authorities verify coverage, reduce long-unclaimed benefits
KARACHI: Pakistan’s securities regulator on Monday announced two digital initiatives aimed at overhauling how insurance data is stored and accessed, in a push to strengthen enforcement, improve transparency and make it easier for citizens to trace insurance coverage.
The Securities and Exchange Commission of Pakistan (SECP) announced in two separate statements it had introduced a nationwide Life Insurance Policy Finder to help families identify policies held by deceased relatives. It also directed all non-life insurers to join a centralized Motor Insurance Repository (MIR).
Both systems, developed with the Central Depository Company (CDC), seek to address longstanding gaps in a sector where weak records, low compliance and limited data-sharing have left motorists, policyholders and beneficiaries without reliable recourse.
“The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Central Depository Company of Pakistan Limited (CDC) and the Insurance Association of Pakistan (IAP), has introduced the Life Insurance Policy Finder Service,” it said in one of the statements. “This initiative is designed to facilitate the general public in locating life insurance policies of deceased loved ones.”
“The service addresses a long-standing challenge faced by families who remain unaware of life insurance policies held by their deceased relatives,” it added. “This lack of awareness often results in legitimate claims and benefits remaining unclaimed for years.”
The SECP said the initiative aims to strengthen consumer protection, promote transparency and provide structured and secure access to insurance benefits for rightful heirs and beneficiaries.
Under the new policy-finder service, which goes live on Dec. 15, individuals can send the CNIC number of the deceased via SMS to 99833.
If a policy exists, the relevant insurer will contact the beneficiary to verify details and guide them through the claims process. Life insurers and family takaful operators have also been instructed to participate fully and respond to queries within set turnaround times.
Separately, on the motor insurance side, all non-life insurers underwriting vehicle policies are required to sign a service-level agreement with the CDC within 60 days and begin uploading complete and validated policy data to the MIR.
The repository will allow provincial and federal authorities to verify third-party insurance coverage, a requirement that exists on paper but remains loosely enforced nationwide.
The SECP said the measures form part of its broader effort to promote digital transformation, improve compliance and safeguard consumer interest.
“A centralized and validated data repository will allow authorities to verify insurance coverage efficiently, addressing significant gaps in compliance,” it added.
