On Tuesday Chinese Ambassador Yao Jing invited citizens of Pakistani to take advantages of the China-Pakistan Economic Corridor (CPEC) as well as Chinese expertise.
For the past 40 years, China has made every effort to develop and grow its economy, said Chinese Ambassador Yao Jing in his address.
“We’ve combined socialism and market economy to benefit people.”
“China wants to see its relationship with Pakistan serve as an example for its relations with other states,” said Jing while speaking on the CPEC.
“We look at CPEC as a significant project. I’m proud that after five years of implementation, it [CPEC] has contributed to Pakistan’s development.”
The Chinese Ambassador addressed the two-day CPEC Summit, being hosted by a renowned Media Group in collaboration with the Ministry of Planning and Development, held at Karachi’s Bagh-i-Jinnah on Monday.
Various other speakers, including Prime Minister Shahid Khaqan Abbasi and Chinese Ambassador Yao Jing, addressed the conference on the first day of the summit.
Prime Minister Shahid Khaqan Abbasi addressed that the CPEC projects being built are based on two principles – economic viability and environmental sustainability – and “we would never compromise on these principles. “CPEC is also providing a platform to build many other side projects relating to technology, agriculture and logistics creating a chain reaction to lead Pakistan on the path of prosperity.”
“We look upon CPEC as a partnership between two governments,” said Prime Minister Shahid Khaqan Abbasi — the event’s chief guest — at the inauguration of the summit in the morning. “It is a new form of cooperation.”
Senator Mir Hasil Bizenjo, who representing the people of Balochistan and not the provincial government, said, “CPEC could not be conceived without Gwadar.”
Bizenjo said that Balochistan constitutes 43pc of Pakistan, and is home to Reko Diq, the second largest copper reservior in the world, and many other minerals.
“The people of Balochistan are hopeful that CPEC will grow and when it does, they will get to grow with it,” he explained.
The CPEC may be a game changer, but it will need active participation to truly achieve its benefits. Pakistan’s relations with its neighbours and the situation in Balochistan could very well be important issues that would need to be addressed. A senior Chinese official pointed out land acquisition issues while another said that ethnic differences could be a cause of concern if left unheeded. The CPEC will be a test on multiple fronts for Pakistan, accentuating and exposing all the major problems afflicting the country. Only time will tell if we’ll be able to overcome these but we hope all will be go as planned.