Newly-elected Prime Minister Shehbaz Sharif reaffirmed on Wednesday Pakistan's preparedness to advance into the second phase of the China-Pakistan Economic Corridor (CPEC).
The premier in an interview with Chinese news outlet, Xinhua expressed profound gratitude to President Xi Jinping for extending warm congratulations on his recent election as Pakistan's prime minister.
"It is a very good start," remarked the PM, highlighting the significance of the moment as Pakistan and China embark on a journey toward elevated collaboration and shared achievements.
Acknowledging the exemplary modernization strides made by China, PM Shehbaz underscored the need for Pakistan to draw inspiration from the Chinese model.
PM lauds China's speedy growth
He commended China's transformative success story, which has propelled millions out of poverty while fostering robust growth across various sectors.
"China's growth has still gone steadily compared to other countries, which is a remarkable achievement," remarked Prime Minister Shehbaz, emphasizing the resilience and efficacy of the Chinese development trajectory.
Drawing parallels between the economic aspirations of both nations, Prime Minister Shehbaz outlined ambitious plans to emulate China's success in poverty alleviation, youth empowerment, and the promotion of entrepreneurship.
CPEC's second phase
He emphasized the pivotal role of initiatives like the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC) in fostering inclusive growth and regional connectivity.
As Pakistan gears up for the second phase of CPEC, Prime Minister Shehbaz reaffirmed the country's commitment to fostering technological innovation and agricultural development through the corridor.
He highlighted initiatives aimed at streamlining investment processes and enhancing collaboration in key sectors such as textiles and steel, leveraging Chinese expertise to drive economic expansion and job creation.
Expressing gratitude for China's steadfast support in Pakistan's economic progress, Prime Minister Shehbaz underscored the strategic importance of bilateral cooperation in advancing clean energy technologies and sustainable development goals.
"We made solemn commitments that we would work together, and we would be together through thick and thin," affirmed Prime Minister Shehbaz, echoing the enduring spirit of collaboration between Pakistan and China.
