He Lifeng, the vice premier of China, stated on Monday that the China Pakistan Economic Corridor (CPEC) was an important project that has improved the lives of thousands of people.
CPEC changed lives of thousands of people: Speaking at an event in Islamabad to honour the 10th anniversary of CPEC, he said these things.
The project, according to the vice premier of China, is the cornerstone of a new era of friendship between the neighbours.
He asserted that China had Pakistan’s complete backing in preserving its sovereignty.
Lifeng reaffirmed his commitment to strengthening ties between the two friendly nations and advocated for more collaboration in the fields of business, culture, and health.
“Lifeng affirmed their commitment to increasing investment in various sectors in Pakistan.”
He Lifeng, who is also President Xi Jinping’s Special Envoy, is in Pakistan at the invitation of the administration to mark the 10th anniversary of CPEC.
As a leader of China’s foreign economic relations and the Belt and Road Initiative, of which CPEC is the centrepiece project, he has played a significant role.
He played a key role in the development and implementation of numerous CPEC projects in Pakistan while serving as the Chairman of the National Development and Reform Commission (2017–2023).
He Lifeng worked for Pakistan’s industrialisation and socioeconomic advancement in addition to assisting with the implementation of energy projects because he was a close friend of that country.
“Prime Minister Shehbaz Sharif Praises China’s CPEC Gift and Outlines Vision for the Second Phase”
Prime Minister Shehbaz Sharif addressed the audience and praised Chinese President Xi Jinping for “gifting the CPEC to the country”.
He commended China for starting its “journey of development” with zeal and commitment.
The prime minister declared he aimed to wean the nation off debts and establish its financial independence.
“Pakistan must imitate the Chinese model to do so,” he remarked.
According to PM Shehbaz, the government finished many of the CPEC projects ahead of schedule. He continued, “We are still working on a few CPEC projects, and they are almost completed.”
According to him, the expansion, openness, and connection will be the main themes of CPEC’s second phase.
However, The second phase of the CPEC, according to the premier, will consist of high-quality development and a number of corridors, including growth corridors, special economic zones (SEZs), corridors for livelihood innovations, green initiatives, and corridors for openness and connectivity.