China commended Pakistan Prime Minister Shehbaz Sharif's remarks on the construction of China-Pakistan Economic Corridor (CPEC), saying that Beijing was ready to work with Islamabad to continue pursuing high-quality development of the corridor, Express Tribune reported.
Chinese Foreign Ministry's Spokesperson Zhao Lijian on Wednesday told his regular briefing that China wanted to build CPEC into a model and a demonstration project of Belt and Road (BRI) cooperation -- the flagship initiative of President Xi Jinping.
"We noted Prime Minister Shehbaz Sharif's remarks on the CPEC and we highly commend that," Zhao said. "China stands ready ... to continue to pursue the high quality development of the economic corridor and build it into a model and demonstration project for high quality BRI cooperation," he said.
In his maiden speech in the National Assembly after winning election on Monday, Prime Minister Shehbaz Sharif had said that his government would speed up the construction of CPEC, the major project of the BRI.
Shehbaz had previously spoken highly of the CPEC several times, calling it an ambitious blueprint to transform Pakistan into a major emerging economy so that the less-developed parts of the country could enjoy the dividends of development.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU