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Pakistan’s economy is growing in the right direction: Chinese ambassador

ISLAMABAD: Chinese Ambassador Yao Jing on Monday has said that according to data shared by government departments, Pakistan’s economy is growing.
He was addressing the round table conference on Pakistan-Paradise For Investment in Islamabad.
The ambassador said that the China Pakistan Economic Corridor (CPEC) was a mirror of the ages-old friendship between the two countries and it would be taken to new heights by “our coming generations”.
He said China believes that CPEC would put Pakistan on the path of industrialisation, jobs’ creation and regional connectivity.
“CPEC would also help Pakistan in overcoming energy problems and improving its economic growth through construction of roads and railways’ network,” he added.
The ambassador said that during the first phase, eight CPEC projects out of 40 have been completed on time. He said China wanted that the private sector of Pakistan should capitalise on CPEC for growth and expansion.
He said the business community of Pakistan should get benefits from Special Economic Zones to be set up under CPEC and develop mutually beneficial JVS with Chinese counterparts.
Source: Daily Times