Global EditionASIA 中文双语Français
Business
Home / Business / Macro

CPEC provides opportunities for Pakistan to strengthen connectivity, national economy: expert

Xinhua | Updated: 2021-11-19 14:30
Share
Share - WeChat
Photo taken on Nov 8, 2020 shows an Orange Line metro train leaving a station in Pakistan's eastern city of Lahore. As an early-harvest project under the China-Pakistan Economic Corridor (CPEC), the Orange Line will further strengthen bilateral traditional friendship and usher in new opportunities for locals heading to a better life. [Photo/Xinhua]

ISLAMABAD -- The China-Pakistan Economic Corridor (CPEC) has been providing multifaceted opportunities for Pakistan to further enhance regional connectivity and the national economy, a Pakistani expert said on Thursday.

To exploit the full potential of CPEC, Pakistan will have to build reliable and efficient avenues of connectivity on the principle of win-win cooperation, as with every step of industrialization and rapid economic growth the need for connectivity multiplies, Zahid Latif Khan, chairman of Asian Institute of Eco-civilization Research and Development, said at a seminar on CPEC here.

"There is no second opinion that CPEC is going well and contributing to the economic growth and development of Pakistan. The recently held 10th Joint Cooperation Committee meeting between China and Pakistan has given a new impetus to the work and cooperation in the fields of industry, renewable energy and transportation. The connectivity is observing a new vigor," he said.

Khan said that Pakistan can learn from the experience of leading economies of the world, especially from China, how connectivity helped these countries grow exponentially.

Being part of CPEC, which is a flagship project of the China-proposed Belt and Road Initiative, Pakistan can benefit from the experience of China, he said, adding that "Pakistan can work on connectivity strategy and tag it with industrial development and modernization of economy under CPEC."

The expert also highlighted the need of devising a connectivity policy, which can help Pakistan and partner countries boost trade and attract foreign direct investment and place them at the prime place in the global supply chain.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE