BEIJING:Once again China assured ,Beijing will continue to support Pakistan in stabilising its financial situation, the Chinese state media quoted China’s President Xi Jinping as saying following his meeting with Prime Minister Shehbaz Sharif on Wednesday.
China and Pakistan should move forward more effectively with the construction of their economic corridor, as well as accelerate the construction of infrastructure for the Gwadar Sea Port, the state media reported.stated in Declaration.
Premie minister Shehbaz and President Xi Jinping met earlier today and agreed to strengthen the strategic partnership between the two countries, including the China-Pakistan Economic Corridor (CPEC).
The two leaders met at the People’s Great Hall of China and talked about broad-based cooperation in the economy and investment besides exchanging views on regional and global developments.
Shehbaz and Xi also discussed the need to further promote the ‘all-weather strategic cooperation partnership’ between the two nations.
PM Shehbaz pended a busy day in Beijing today. He meets Premier Li Keqiang and Chinese investors and Pakistani businessmen.
The Pakistani premier landed in Beijing on Tuesday on a two-day official visit to meet Chinese leadership and review the “all-weather strategic cooperation partnership” and discuss regional and global developments.
On his arrival at the Beijing airport, the senior Chinese officials warmly received the prime minister who was heading a high-level delegation.
The premier is among the first leaders to visit China following the historic 20th National Congress of the Communist Party (CPC) of China that elected Xi Jinping as general secretary of the party.
During the premier’s official visit to China, leading Chinese companies showed keen interest in investing in Pakistan’s solar, water and other infrastructure projects.
According to the Prime Minister’s Office, PM Shehbaz invited Chinese corporate heads to visit the country and invest in the government’s comprehensive solar power project aimed at generating 10,000-megawatt electricity.
He also encouraged Chinese investment in Pakistan’s alternative energy resources including wind turbine power plants.
He stressed the early completion of infrastructure at Gwadar International Airport, to which Chinese companies said that the project would be completed by the beginning of 2023.
The prime minister in a meeting with Chinese investors and businessmen said the government, since assuming power in April, had resolved several issues pertaining to them and had paid them the pending dues of Rs160 billion. An amount of Rs50 billion was paid to them yesterday, he added.
He said a revolving fund had been established by the State Bank of Pakistan on the directions of Finance Minister Ishaq Dar with seed money of Rs50 billion.
The premier expressed regret regarding the obstacles faced by Chinese companies in the past on matters concerning the payment of imported coal.
He vowed to address the issues related to land acquisition for the construction of the Diamer Bhasha Dam and other hurdles hindering the completion of the Mohmand Dam on a priority basis.
Shehbaz maintained that foolproof security would be provided to Chinese personnel working in Pakistan and said that across-the-board security would be ensured for those deputed on the CPEC project and other joint initiatives.
He extended condolences over the death of Chinese people who lost their lives while at work in Pakistan.PM Shehbaz said that the federal government and Sindh government were ready to collaborate with Chinese companies to resolve the issue of water shortage in Karachi.
