Home Latest News PM Shehbaz’s recent visit to China highly significant in Pak-China friendly relationship: Ahsan Iqbal
Latest News - June 23, 2024

PM Shehbaz’s recent visit to China highly significant in Pak-China friendly relationship: Ahsan Iqbal

June 23, 2024

Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal, highlighted the significance of Prime Minister Shehbaz Sharif’s recent visit to China in strengthening Pak-China relations. Speaking on a private news channel, Iqbal emphasized China’s commitment to aiding Pakistan’s industrialization, with plans to enhance business-to-business relationships and transform Pakistan’s economy into a digital one through a strategic partnership with Huawei. He outlined five new corridors under the upgraded CPEC, focusing on economic growth, socioeconomic development, innovation, green economy, and regional cooperation. Iqbal assured measures for the safety of Chinese workers and stressed the importance of political stability through dialogue.

ISLAMABAD, Jun 23 (APP):Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal said that the recent visit of Prime Minister Shehbaz Sharif to China was termed highly significant in the context of Pak-China friendly relationship.
He expressed these words while talking in a programme aired on a private news channel the other day. He said he had been participated along with the Prime Minister Shehbaz Sharif in all meetings there in China.
He said that Chinese leadership was very enthusiastic and committed to help Pakistan in different ventures. He said that it was Prime Minister Shehbaz Sharif’s wish to enhance Industrial-level contacts with China to promote industrialization between the two states.
Minister said that we had focused on enhancing business-to-business relationships to promote the industries.
He said that China’s leading telecom company, Hawaii, would become a strategic partner of Pakistan in the transformation of the Pakistani economy to a digital economy.
He was also optimistic that the company would provide IT training to 0.3 million Pakistani youth.
While talking about the gains in the larger context of CPEC he said China was committed to starting five corridors in the upgraded version of CPEC in Pakistan. He said that the first corridor would be a ‘corridor of growth’ bringing rapid economic growth to Pakistan, and the second corridor would be a ‘corridor of livelihood’ under which socioeconomic programs would be developed, poverty would be eradicated, and jobs would be created.
Speaking about the third corridor, which he called the “corridor of innovation, we had a special focus on artificial intelligence ((AI) and as everyone knows that the world was far away in this sector and China was also competing with the world, we would take advantage from Chinese’s experts and make Pakistan more reliable and self-sufficient in this sector.
The other corridor, he spoke was ‘corridor of the green economy’ in which we would tackle the challenges imposed by the environment and climate change. He also said we had to find a way to shift our energy sector from ‘fossil fuel’ to green energy, i.e., renewable resources.
In the last but not least, he said, the fifth corridor is the ‘corridor of regional development’ in which we would increase our regional cooperation and share the fruits of CPEC with other countries in the region by including them in the CPEC program, bringing prosperity and stability.
Regarding political stability and security measures for Chinese workers, he assured that we would take all necessary measures to protect the workers from any threat and political stability also be brought through dialogues.
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