- PM is committed to ending bureaucratic obstacles, ensure the rapid facility.
- Shehbaz assures the top security for Chinese nationals in Pakistan.
- CPEC 2.0 shifts the focus on B2B investment in basic sectors.
Prime Minister Shehbaz Sharif on Thursday assured Chinese investors to remove all bureaucracy hiccups in investment processes, as Pakistan and China business companies signed 21 billions of perception of $ 4.2 billion in different dollars.
The prime minister presented a bold new vision of Pakistan-China’s economic cooperation, announcing the official launch of China-Pakistan’s “CPEC 2.0” financial corridor during his central management at the second Pakistan-China B2B conference held in Beijing.
Welcoming high -level representatives, he described the forum as a reflection of the iron brotherhood between Pakistan and China.
Facing concerns about bureaucratic delays, the prime minister issued a clear and immediate message: “We will not tolerate the delay of a second.
He assured the Chinese delegation of Pakistan’s relentless commitment to facilitate investors, stating that Chinese investors will be treated as partners and that “Pakistan is your second home, just as China is ours”.
The security of Chinese nationals in Pakistan said it is a top priority, adding: “The security of Chinese citizens is of the utmost importance.
“This is one of the biggest business conferences I attended during my visit to this big country.
Our relationship with China is incomparable, higher than the Himalayas, deeper than the deeper oceans, sweeter than honey and stronger than steel, “the prime minister said.
Referring to the CPEC Agreement signed in 2015 during President Xi Jinping’s historical visit to Pakistan, Prime Minister Shehbaz believed the first phase of CPEC with the transformation of the energy landscape and Pakistan’s infrastructure.
“We were faced up to 20 hours of power vacation daily. Today, thanks to President XI’s dynamic and visionary leadership, Pakistan became energy self -sufficiency, this was the turning point,” he noted.
The prime minister announced the launch of CPEC 2.0, which will shift the focus on investment in businesses (B2B) in agriculture, IT and AI, minerals and industrial relocation.
“Our agriculture sector employs 60% of our population. China has been distinguished in this area and we are seeking your cooperation to modernize our agricultural practices and increase exports,” he urged Chinese investors.
He emphasized the role of Special Economic Zones (SEZs) in attracting investment, offering competitive advantages such as cheaper specialized work and consortiums for the production of high quality exports.
In an emotionally charged part of his speech, Prime Minister Shehbaz talked about his first visit to China in 1982. “Even then, I said that China is suffering from success, not failure.
“This is the model I want to borrow and reproduce in Pakistan,” he said.
He returned the leadership of President XI to promoting the polymer and common prosperity, saying that China has changed the digestive elements of many nations, a proof of its “visionary and dynamic leadership”.
In his observations, he reiterated his determination to turn Pakistan’s economic landscape.
“We know that the path is difficult, but not impossible, with the support of China and our commitment, we will make Pakistan a strong and vibrant economy, let us note the beginning of this journey today.”
Chinese and Pakistani investors, government officials and officials, including Deputy Prime Minister Ishaq Dar, Ambassador to Pakistan to China Khalil Hashmi and Chairman of the Council of China for the promotion of international trade and other ministers.
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