Pakistan’s economy is growing in the right direction: Chinese ambassador

Author: inp

ISLAMABAD: Chinese Ambassador Yao Jing on Monday has said that according to data shared by government departments, Pakistan’s economy is growing.

He was addressing the round table conference on Pakistan-Paradise For Investment in Islamabad.

The ambassador said that the China Pakistan Economic Corridor (CPEC) was a mirror of the ages-old friendship between the two countries and it would be taken to new heights by “our coming generations”.

He said China believes that CPEC would put Pakistan on the path of industrialisation, jobs’ creation and regional connectivity.

“CPEC would also help Pakistan in overcoming energy problems and improving its economic growth through construction of roads and railways’ network,” he added.

The ambassador said that during the first phase, eight CPEC projects out of 40 have been completed on time. He said China wanted that the private sector of Pakistan should capitalise on CPEC for growth and expansion.

He said the business community of Pakistan should get benefits from Special Economic Zones to be set up under CPEC and develop mutually beneficial JVS with Chinese counterparts.

Published in Daily Times, April 17th 2018.

Share
Leave a Comment

Recent Posts

  • Editorial

Policing Police

It's time to talk about the elephant in the room. Karachi, the largest city in…

39 mins ago
  • Editorial

Shutdown Averted

That the torchbearers of the modern, civilised world must have had a word or two…

39 mins ago
  • Op-Ed

Fostering Constructive Relations with Bangladesh

"Bangladesh-India relationship is multifaceted and expansive, it cannot be confined to a single issue," definitely…

40 mins ago
  • Op-Ed

The Haqeeqi Azaadi Paradox (Part I)

In a small village, there was a wise elder who told the villagers during times…

40 mins ago
  • Op-Ed

Polarization and Democracy

A marked degree of divergence of opinion is seen among major political parties in Pakistan.…

42 mins ago
  • Op-Ed

Misinformation Crisis

In the chaotic landscape of today's media, the rise of fake news looms like a…

42 mins ago