China sat­is­fied with CPEC’s progress

Enterprise - - National News -

China has ex­pressed sat­is­fac­tion over the progress of the projects re­lated to the China-Pak­istan Eco­nomic Cor­ri­dor (CPEC).

“CPEC’s pro­gres­sion is faster than any of the other cor­ri­dors,” said Zhang Xiao­qiang, ex­ec­u­tive vice chair­man and chief ex­ec­u­tive of­fi­cer of China Cen­tre for In­ter­na­tional Eco­nomic Ex­changes (CCIEE) dur­ing a meet­ing with Min­is­ter for Plan­ning, De­vel­op­ment and Re­form Ah­san Iqbal in Bei­jing. “CPEC aims at peace­ful de­vel­op­ment and pro­vi­sion of ben­e­fits to all the peo­ple and con­nected de­vel­op­ing and de­vel­oped coun­tries to jointly re­vive econ­omy as well as en­hance co­op­er­a­tion in re­search and pol­icy,” a state­ment quoted Xiao­qiang as say­ing.

He added that CPEC is a project of friend­ship, open­ness and in­clu­sive­ness, “and is not tar­geted against any coun­try.”

Min­is­ter Iqbal dis­cussed op­por­tu­ni­ties of co­op­er­a­tion with CCIEE and ex­plored the ways and means to fur­ther ex­tend the mag­ni­tude and scope of the CPEC. Both sides ex­pressed sat­is­fac­tion over the progress on CPEC and hoped to cre­ate new plat­forms for di­ver­si­fy­ing co­op­er­a­tion in ar­eas of knowl­edge shar­ing and gov­er­nance is­sues of pub­lic pol­icy.

Min­is­ter said un­der CPEC Pak­istan is do­ing many projects with China in its hard­ware com­po­nent, com­pris­ing en­ergy and in­fra­struc­ture. “How­ever, there is a need to cre­ate plat­forms for the soft­ware com­po­nent such as knowl­edge shar­ing,” he said. “Pak­istan is a fast ur­ban­is­ing coun­try, which could learn from Chi­nese ex­pe­ri­ence and prac­tices in man­ag­ing ur­ban­i­sa­tion and con­comi­tant chal­lenges.” Iqbal em­pha­sised the need to cre­ate joint plat­forms and work­shops for ur­ban plan­ning, hous­ing, ru­ral de­vel­op­ment to ad­dress the chal­lenges posed to the coun­try’s large ru­ral econ­omy.

He also sought Chi­nese ex­per­tise and as­sis­tance in the ar­eas of wa­ter re­sources man­age­ment, im­prove­ment of small and medium en­ter­prises sec­tor. He hoped to or­gan­ise a joint mech­a­nism whereby ex­perts from China could share their ex­pe­ri­ences with the Pak­istani side. Xiao­qiang said apart from hard­ware co­op­er­a­tion in en­ergy and in­fra­struc­ture, soft­ware co­op­er­a­tion is also very im­por­tant.

“China has ex­pe­ri­enced many co­op­er­a­tive ini­tia­tives with other coun­tries in city plan­ning and estab­lish­ment of in­dus­trial parks,” he added. “On the lines of other joint work­ing groups, estab­lish­ment of con­tact groups of lo­cal govern­ment, think tanks and univer­si­ties to in­ter­act on ur­ban plan­ning so­lu­tions and share ideas on other soft­ware side of CPEC in con­sul­ta­tion with Na­tional De­vel­op­ment and Re­form Com­mis­sion of China could be ex­plored.”

CCIEE chief said China’s suc­cess in de­vel­op­ment was made pos­si­ble due to a healthy com­bi­na­tion of sta­bil­ity, de­vel­op­ment and re­form. The min­is­ter plan­ning said the Pak­istan In­sti­tute of De­vel­op­ment Economics (PIDE) and CCIEE could de­velop strong link­ages. PIDE has set up a cen­tre of ex­cel­lence on CPEC. The theme of the PIDE an­nual con­fer­ence to be held in De­cem­ber is the CPEC.

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