International programs to improve China's role
 |
| A photo shows the Gwadar Port in Pakistan on Nov 14, 2016. [Photo/Xinhua] |
3. China-Pakistan Economic Corridor
The China-Pakistan Economic Corridor (CPEC), one of the six economic corridors envisaged by the Belt and Road Initiative, has seen rapid progress, with major highway, railway and port projects underway.
Last year, $1.8 billion from China, Pakistan's largest investor, was used to implement many CPEC projects, especially in energy.
Gwadar Port is an important part of the economic corridor. The port will help China to extend trade to Middle East and Africa by getting around the Strait of Malacca. It is adjacent to the Gulf, providing China a 3,000 kilometer overland route from the port to Xinjiang to import crude oil.
Related stories:
Pakistan eager to proceed with Belt and Road projects
Pakistan commits to implementation of China-Pakistan Economic Corridor
- New study reveals snow-ground thermal coupling on Qinghai-Tibet Plateau
- Mainland official highlights greater opportunities for Taiwan businesses on mainland
- Students in Xinjiang's prestigious ski destination to embrace 1st 'snow break'
- Macao SAR chief executive delivers policy address on reform, economic diversification
- Chinese vice-premier calls for enhanced economic, trade exchanges on Eurasian continent
- Xizang enhances weather forecasting, public warning capabilities
