Since the establishment of the China-Pakistan Economic Corridor (CPEC), the government of China has brought $25.4 billion investment to Pakistan with more than 70,000 jobs, said Chinese Ambassador Nong Rong, while addressing the 4th Exchange Mechanism Conference under China-Pakistan Economic Corridor (CPEC) Consortium of Universities, Gwadar Pro reported on Friday. According to Nong Rong, for six consecutive years China has remained the top trading partner of Pakistan, adding that “seventh consecutive year China became the first investment source country of Pakistan.” He said that moving into the new era, especially after the Belt and Road Initiative (BRI) by Chinese President Xi Jinping, he was glad to see the birth of CPEC. “CPEC has been promoting comprehensive cooperation between two countries, covering all areas and now we’re moving into an even broader and deepening phase,” he added. According to him, CPEC projects including the port of Gwadar, energy, transport, infrastructure, agriculture, industry and technology were much needed and respected by their Pakistani counterparts. He said that CPEC was moving towards a new era of high-quality development to help the “betterment of Pakistani local people.” “The CPEC projects bring the economic and social development to a higher level,” Nong Rong said, adding that they witnessed broad cooperation in higher education exchanges.
متعلقہ مضامین
-
Pakistan, Korea to sign MoU on Buddhist heritage preservation
-
Royal Saudi Navy forces arrive in Pakistan for joint drill
-
Panther Tyres holds 38th annual general meeting
-
Sunnah to be highlighted in Juma sermons, says Ashrafi
-
Kamyab Pakistan Programme to revolutionize low income segment: Tarin
-
Earthquake tremors jolt Mingora and other areas in Swat
-
Pak-China institute at Gwadar symbol of 70 years of friendship
-
Govt to hold census for first time in history with 5 years’ gap: Asad Umar
-
SC dismisses petition seeking disqualification of Mukesh Chawala
-
Extending tenure of NAB chairman illegal: PML-N
-
Sindh govt orders two-wheelers to install side mirrors to ensure safety
-
Gwadar Eastbay Expressway completion likely by October end