China assures continued support for Pakistan's economic development

China assures continued support for Pakistan's economic development

Islamabad (Web Desk): Prime Minister Shehbaz Sharif on Friday said that the Pakistan-China friendship is indispensable for peace and development of both the countries as well as the region and beyond.

Emphasizing on historic and unique significance of bilateral relations between the two countries, the prime minister reaffirmed that the Pakistan-China friendship is time-tested and enduring.

He was talking to Minister of International Department of the Communist Party of China (IDCPC) Liu Jianchao who along with a delegation called on him at the PM House.

While welcoming the Chinese dignitary and members of his delegation to Pakistan, PM Shehbaz congratulated him as well as political leaders of Pakistan on the successful organization of Pakistan-China Political Parties Forum and the 3rd round of Joint Consultative Mechanism (JCM) of Political Parties on China-Pakistan Economic Corridor (CPEC).

“It is a matter of great satisfaction that there is complete political consensus in both countries on the CPEC,” the premier said.

Reflecting on his recent visit to China where he held fruitful and productive meetings with President Xi Jinping and Premier Li Qiang, PM Shehbaz commended the vision of the Chinese leadership for the continued growth of Pakistan-China strategic relations and the shared desire of both countries to work together to ensure success of the CPEC and its upgradation to the next phase.

He underlined that early completion and implementation of all ongoing and new CPEC projects would contribute significantly towards Pakistan’s economic growth and inclusive development.

Appreciating the role of IDCPC in the deepening of bilateral ties, the premier stressed the importance of enhanced exchanges between the political parties of two countries for experience-sharing, capacity building and people-centered governance.

PM Shehbaz lauded the CPC for its full support to strengthening of China’s iron-clad brotherhood with Pakistan.

Liu Jianchao, in his remarks, stressed that Pakistan and China were iron brothers, strategic partners and most-trusted friends.

He further emphasized that China accorded a special place to Pakistan in its foreign policy and would continue to support Pakistan’s economic development and jointly work for the upgraded version of CPEC.

The prime minister hosted a banquet in honour of Liu Jianchao and the accompanying Chinese delegation which was also attended by representatives of major political parties.
PM Shehbaz also briefed the Chinese delegation about the Special Investment Facilitation Council (SIFC) which was established through a “Whole of the Government” approach with an objective to attract investment in key areas and has evolved into a useful forum offering one-window facility to domestic and foreign investors.

Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Chief of the Army Staff (COAS) General Syed Aim Munir, Federal Ministers for Finance, Interior, Planning, Petroleum, Power, Privatization, Information, MOS for IT, SAPM Tariq Fatemi and senior officials attended the meeting.

Chinese Ambassador to Pakistan H.E. Mr. Jiang Zaidong and senior officials of the International Department of the Communist Party of China also attended the meeting.