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Yao Jing, Ambassador People's Republic of China called on the Federal Minster for Economic Affairs Muhammad Hammad Azhar and congratulated on his elevation as federal minister. The ambassador reiterated commitment of his government to the strategic relationship with Pakistan and hoped that appointment of federal minister for economic affairs will further strengthen relationship between the two countries, says a press release issued here on Friday.

The ambassador updated the minister on the progress made on account of implementation of CPEC related projects. The ambassador stated that priority in the second phase is on socio-economic sector projects, with grant financing for direct benefit of common man.

To promote B2B relationship for technological and industrial development in order to augment Pakistan's capacity to export was also a priority area for the Chinese government. The establishment of special economic zones remained an important milestone.

Hammad Azhar stated that the CPEC is a flagship programme of Belt and Road initiative which is now entering into a new phase. The Minister reiterated commitment of his government for implementation of next phase of CPEC for the benefit of people of Pakistan.

The minister acknowledged the historic relationship with China and the generous support it has been extending to Pakistan. The minister also acknowledged the economic and financial assistance provided by China to Pakistan during difficult times. China's position on the current situation in occupied Kashmir was vehemently appreciated.

The minister highlighted that priority of this government is now more on developing human capital, giving health and education, clean drinking water and sanitation services to the common man.

The minister also highlighted Prime Minister's flagship programme Naya Pakistan Housing Project for the poor and homeless people. The vision of the governme

nt is now on building institutions, improving governance, bringing accountability and transparency and spending tax payer's money for the greater welfare of common man. In conclusion the both sides reiterated the mutual resolve to strengthen the bilateral relationship between the two sides.-PR

Copyright Business Recorder, 2019


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