The China Pakistan Economic Corridor has written a large number of success stories, and overseas networks have gone deep: 10 years of cooperation | infrastructure | economy
Gwadar Port, Pakistan. Xinhua News Agency image
This year marks the 10th anniversary of the the Belt and Road Initiative and the launch of the China Pakistan Economic Corridor, an important pilot project of the the Belt and Road Initiative. Over the past 10 years, the China Pakistan Economic Corridor has made significant contributions to promoting Pakistan's economic and social development and regional connectivity, and has been referred to as a "game changer" by the Pakistani side.
Changing the economic landscape of Pakistan
After 10 years of development, the "1+4" cooperation layout centered on corridor construction, with a focus on Gwadar Port, energy, infrastructure construction, and industrial cooperation, has transformed from a grand blueprint to a realistic picture. According to the Chinese Embassy in Pakistan, Pakistani Prime Minister Shabaz recently sent a congratulatory letter to the "China Pakistan Economic Corridor - The Road to Prosperity and Development in Challenges" themed seminar. In the congratulatory letter, he pointed out that the China Pakistan Economic Corridor, as the engine of Pakistan's social and economic development and industrial upgrading, and a catalyst for regional connectivity, has written a large number of successful stories in solving Pakistan's energy problems and improving infrastructure construction in the past 10 years.
The Voice of America website recently published a report on the 10th anniversary of the construction of the China Pakistan Economic Corridor, stating that the corridor has helped Pakistan improve its increasingly weak national transportation and power sectors, and create a trade route connecting the inland western region of China and the deep-water port of Gwadar in Pakistan.
Pakistan's Minister of Planning, Development and Special Projects, Iqbal, referred to the China Pakistan Economic Corridor as a "game changer" for Pakistan's economic and social development. In April this year, during his visit to China, Iqbal stated that through the energy projects of the China Pakistan Economic Corridor, China will help Pakistan solve its energy shortage problem. The Kasim Port coal-fired power plant project, Dawo wind power project, and other energy and infrastructure construction projects undertaken by Chinese enterprises contribute wisdom and strength to Pakistan's energy development. He said that the Pakistani people have suffered from power shortages and will never forget the help provided by China.
Pakistani Ambassador to China Moin Haq told Overseas Network that Gwadar Port is a shining pearl in the China Pakistan Economic Corridor. It is located in an underdeveloped province of Pakistan, but the operation of Gwadar Port has brought about international trade. Gwadar Port and its city have built many new infrastructure, and the new international airport of Gwadar Port is about to be completed. Pakistan is particularly pleased with the development of Gwadar Port because of the joint efforts of the two countries. Gwadar Port has the necessary infrastructure for a port city and is now ready to take off for future development.
The smearing argument is self defeating
The fruitful results achieved in the construction of the China Pakistan Economic Corridor over the past 10 years are the best response to smeared rhetoric such as the "debt trap".
During his visit to Japan earlier this month, Pakistani Foreign Minister Bilawal said to the Japanese media that the accusation of Pakistan falling into China's "debt trap" was "political propaganda". Pakistan accepted both Chinese loans and loans from other countries. Most of the assistance provided by China to the Pakistani side is through investment or soft loans with favorable conditions. Atula, president of Pakistan's Karakoram International University, told Pakistan Today that some forces have been slandering the "the Belt and Road" and the China Pakistan Economic Corridor. Pakistan and China need to work together to counter any actions targeting the China Pakistan Economic Corridor.
![The China Pakistan Economic Corridor has written a large number of success stories, and overseas networks have gone deep: 10 years of cooperation | infrastructure | economy](https://a5qu.com/upload/images/20d071d05ef8f993fbe83d2b77b62f31.jpg)
Babar Amin, Pakistan's former ambassador to Norway and Australia, told Pakistan Today that the China Pakistan Economic Corridor and the the Belt and Road are the ties connecting South Asia, West China, Central Asia and the Middle East, and the fulcrums of regional peace and stability. In terms of economic development and social progress, the China Pakistan Economic Corridor is the best thing that has happened in Pakistan.
Pakistan's Forum Express published an article titled "China Pakistan Economic Corridor 2.0: Taking Pakistan China Relations to a New Level". The article states that the China Pakistan Economic Corridor is expanding and related cooperation is also deepening. The relationship between Pakistan and China has withstood the test of time, and Pakistan and China are indeed "iron brothers". With the acceleration of the second phase of the construction of the China Pakistan Economic Corridor, the economic ties between the two friendly neighboring countries will continue to strengthen.
Showcasing strong vitality
The China Pakistan Economic Corridor has laid a good foundation for Pakistan's infrastructure connectivity and industrialization, and has also shown the world the strong vitality of jointly building the "the Belt and Road".
According to an article published by Pakistan's Forum Express, the China Pakistan Economic Corridor is a key part of the "the Belt and Road" global vision. The goal of the "the Belt and Road" initiative is not only to enable a single country, but also the whole region to get rid of low-level economic development, so as to embark on the road of high-speed economic growth and prosperity.
The Carnegie Institute for International Peace said on its website that more than 150 countries have joined the "the Belt and Road" initiative and signed hundreds of agreements. Overnight, the "the Belt and Road" has become a hot topic. In view of the scale and scope of the "the Belt and Road" initiative, The Economist once commented that all roads lead to Beijing.
The "the Belt and Road" initiative has created 420000 jobs for partner countries and lifted nearly 40 million people out of poverty in the past 10 years. The research report of the World Bank shows that by 2030, the joint construction of the "the Belt and Road" will increase the trade of participating countries by 2.8% to 9.7%, global trade by 1.7% to 6.2%, and global income by 0.7% to 2.9%. According to an article published by the Pakistan Observer, the "the Belt and Road" initiative has become a symbol of economic stability, sustainable development, social prosperity, infrastructure development, economic diplomacy, serving humanity, poverty eradication and hope for regional connectivity.
Copyright works from overseas websites are not allowed to be reproduced without authorization.