Islamabad, November 11, 2023 (PAKONOMY): In a decade-long strategic alliance under the China-Pakistan Economic Corridor (CPEC), China and Pakistan celebrate a milestone of monumental proportions. Over 201 Chinese companies have invested an astounding $25.4 billion in Pakistan, marking a decade of profound collaboration that has significantly impacted both nations. This achievement was commemorated during the launch of a special feature report titled “Thousands of Miles with CPEC: The Symbol of Pakistan-China Relations.” The All-Pakistan Chinese Enterprises’ Association (APCEA), in collaboration with the Pakistan-China Institute (PCI), organized the event, attended by key figures, including Chinese Ambassador to Pakistan Jiang Zaidong, Minister for Information and Broadcasting Murtaza Solangi, and Chairman of APCEA Yang Jianduo.
A Decade of Partnership and Prosperity
The collaboration between China and Pakistan has not only endured but flourished, with Chinese enterprises employing over 236,000 locals. This sustained effort has strengthened the economic fabric of Pakistan, creating a symbiotic relationship between the two nations. The event underscored China’s commitment to reinforcing collaboration with Pakistan in the next phase of CPEC, with a specific emphasis on hydel and solar energy projects.
Unwavering Commitment Amid Global Challenges
Chinese Ambassador Jiang Zaidong reiterated his country’s commitment to CPEC, emphasizing the need for increased cooperation in information and media fields. Despite global challenges, the professionalism and dedication of Chinese enterprises in completing CPEC projects were acknowledged by Minister Murtaza Solangi. He expressed his ministry’s dedication to fostering understanding and building stronger relationships with Chinese enterprises.
Contributions and Enduring Support
Chairman Yang Jianduo highlighted the significant contributions of key CPEC projects and the unwavering support extended by the Chinese community to their Pakistani counterparts. Senator Mushahid Hussain, Chairman of the Senate Defense Committee, praised CPEC as a miraculous transformation for Pakistan, particularly in areas like Thar. Dr. Hasan Daud Butt, former project director of CPEC, emphasized the enduring friendship between the two nations, showcasing the monumental contributions of Chinese institutions and organizations in Pakistan.
Socio-Economic Uplift and Future Prospects
The collaboration between Pakistan and China has not only bolstered economic growth but has also resulted in the creation of thousands of jobs, significantly contributing to the socio-economic uplift of the Pakistani people. The infusion of foreign capital and technology transfer has spurred advancements in renewable energy projects, the textile industry, and the digital economy.
Towards Sustainability and Technology
As the collaboration continues, there is an increasing focus on sustainability and technology, ensuring that the partnership remains relevant and beneficial for both countries in the years to come. CPEC’s contributions extend beyond economics, underscoring the commitment of both nations to regional peace, stability, and the peaceful resolution of long-standing disputes.
A Decade of Promise: Future of CPEC
As the decade-long partnership continues to thrive, the commitment to creating sustainable futures and nurturing enduring environments between Pakistan and China remains unwavering. The future of CPEC looks promising, with a continued focus on energy sector projects and expansion into sustainability and technology fields. This steadfast collaboration reaffirms the ironclad partnership between the two nations, setting the stage for a prosperous future built on mutual respect and shared goals.