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CPEC is essential to Pakistan’s economic prosperity, according to PM Shehbaz.

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In an interview with the Chinese media company, the PM referred to the China-Pakistan Economic Corridor (CPEC) as a turning point in Pakistan’s growth and advancement.

Said to be a remarkable initiative of Chinese President Xi Jinping, he described the One Belt One Road as reflecting the Chinese leadership’s belief that global peace is essential to development and prosperity.

Speaking about Thar’s immense coal deposits, the prime minister claimed that by producing power at a lower cost than with imported fuel, this enormous treasure can help save billions of dollars.

As the corridor moves into a new phase, he expressed gratitude to Chinese President Xi Jinping for the massive investment made in Pakistan under the CPEC banner, noting that business-to-business will be a key component of it.

Shehbaz Sharif indicated his wish to pick up agricultural knowledge from Chinese experts. He stated that we will be signing several agreements with Chinese enterprises for this goal and expressed the expectation that the Chinese leadership will assist us completely.

On his five-day official visit to China earlier in the day, PM Shehbaz had stated that investment was a top priority.

According to a Prime Minister’s Office (PMO) announcement, “PM Shehbaz Sharif has arrived in Shenzhen, China on an official visit.” Vice Mayor Luo Huanghao of Shenzhen, China, greeted him upon his arrival.

The prime minister is on his first official visit to China since taking office, and he is being accompanied by senior Cabinet ministers, deputy prime minister, and foreign minister Muhammad Ishwar Dar.

On the Premier’s formal tour to China, Shenzhen is the first place he will go.

The leader of Guangdong Province, the Shenzhen Municipal Government, as well as prominent Chinese businesses in the high-tech and innovative industries, will be among the people the Prime Minister and his delegation encounter during their two days in Shenzhen.

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