Yes. Inter Board Committee of Chairmen
No!. Original certificates and their photocopies are required.

Procedure is something like this, may vary a little depending on your board
1- Go to board office and take the attestation form(two forms, 1 each for matric and inter) from window which deals with forms. Fill this form.
2- Go to the Board's bank and get two deposit slips, fill these slips and deposit the attestation fee (mentioned on the attestation form, most probably Rs. 500 for each)
3- Paste the bank's deposit slip on the attestation form filled for matric and attach two copies of matric certificate. Do the same for Inter.
4- Go to board's window which receives applications. Deposit your both forms.
5- Board will keep one copy and attest the other.
6- Attested copy will be sent to you by post on the address given by you on attestation form. Expect at least two weeks to get your attested copy. As matric and inter attestation is independent of each other, you will receive two separate letters of your attested copies(one each of matric and inter).
7- IBCC will take this copy and original along with attestation fee (Rs 200 for attesting original).
8- Get your attested original certificate back after one day of depositing to IBCC office.

Thnks!
My application status on the website of University of International Business and Economics is "approval". They have given the application procedure on their website. An approved application can be "accepted" or can be "not accepted". As you told me that I've been selected by the university, I'm still affraid of being rejected. Please clear my confusion.

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@Fahad
My CNIC is going to expire in November 2016. Will I need CNIC in China? Should I apply for "Smart CNIC"??

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You are selected dear, do not worry anymore!
No use of CNIC in China. But better to have one with you, it may become handy if you loose your passport specially at Pakistani embassy in Beijing. I think there will be a renewal facility in Pakistani embassy too. No need to get NICOP

May Allah bless you my dear bro!

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I asked what is IBCC

Inter Board Committee of Chairmen

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@Fahad
Do you have any information about HEC travel grant? If you have, then please elaborate the point ii and v:
B. TRAVEL GRANT TO SCHOLARS PROCEEDING ABROAD

*

B-1.*****For Ph.D. studies abroad

*

i.*******Copy of unconditional admission letter from the foreign University.

ii.******Copy of award letter for scholarship or financial assistance or affidavit about self-finance.

iii.*****Copy of highest degree duly attested by HEC.

iv.*****Applicant’s brief CV (2-3 pages).

v.******Quotation for one-way airfare for the shortest route.

vi.*****Surety bond on Stamp Paper of Rs. 100/- from two guarantors duly attested by the Oath Commissioner/First Class Magistrate (Specimen atAnnex-C).

vii.***Copy of study leave from applicant’s employer (required from applicants employed in any organization).

viii.**Copy of No Objection Certificate (NOC)*from your employer (required from applicants employed in any organization).



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I also wanted to use this travel grant under the cultural exchange category but unfortunately they only accommodate higher education institutes employees. So applicants who have applied for Masters cannot avail this facility. PhD applicants can avail under the PhD category. Someone mentioned on fb that HEC has fixed Rs 40k for one side travel to China.
ii- You will get award letter from your university or CSC through IPC, use its copy. But travel grant is available only for accredited university so confirm from HEC that your university is included.

v- Go to a registered travel agent and ask him to make a quote of PIA ticket on its official letter head for Islamabad/Lahore/Peshawar/Quetta/Karachi(whichever is applicable to you) to Beijing. Quote should mention class of travel(Economy), price in PKR, date of travel.
http://goo.gl/DrwbXc

P.S: Srilankan airlines is offering the cheapest ticket for Lahore to Beijing and Karachi to Beijing. Today's Fare for 4th September flight(Lahore Beijing) is Rs. 43,430

I have copied the following information from HEC website. Here, you can see the amount of 79k for China:
BUDGET HEADS
i.****The travel grant may include the following budget heads;
a.***Air Travel - economy class return air fare from origin to destination.
b.***Registration Fee - as per actual or maximum limit as recommended by the Committee.
c.***Accommodation - charges will be paid at prescribed rate per night for event days plus one day, maximum of 6 days.
d.***Daily Allowance – half of the daily allowance as per government rules for event days plus one day, maximum of 6 days.
ii.***The current limits for the above heads are:
SN
Budget Head
Current Budgetary Limit
1
Air Travel
Canada
Rs. 148,000
USA
Rs. 140,000
Europe & Africa
Rs. 107,000
Australia, Japan & Far East
Rs. 92,000
Turkey & Middle East
Rs. 66,000
India, Iran & Bangladesh
Rs. 40,000
China & Russia
Rs. 79,000
Thailand, Singapore, Malaysia & Nepal
Rs. 79,000
2
Registration Fee
US$ 500 or actual whichever is less
3
Accommodation
US$ 100 per night
4
Daily Allowance
Half of the daily allowance as per government rules

*



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I think 79k is for both sides, means half of it will be approved for travel to China which will be 39.5k. I am not 100% sure.

I do not have my final degree from my uni. Will I need it and get it attested from HEC ? similar for Matric and Inter ?