CPEC brings Pakistan billions of dollars in direct investment
The China-Pakistan Economic Corridor (CPEC) has brought Pakistan direct investment totaling $25.4 billion and created many job opportunities over the past eight years. The CPEC is a flagship project of the China-proposed Belt and Road Initiative (BRI). Ning Jizhe, deputy head of the National Development and Reform Commission, made the remarks at the 10th Joint Cooperation Committee Meeting of the CPEC on September 23.
Noting that this year marks the 70th anniversary of diplomatic ties between China and Pakistan, Ning said that the corridor would be a focus for the ministry, with measures to improve the utilization rate of existing infrastructure and enhance bilateral cooperation in technology, agriculture and other sectors.