ISLAMABAD - Chinese Ambassador to Pakistan, Sun Weidong said that his country is ready to help Pakistan in planning and constructing the China Pakistan Economic Corridor.

This would further deepen the all-weather friendship and all-round cooperation and build up the China-Pakistan community of shared destiny, he added.

"We share the same dream of achieving economic growth, social progress, people's well-being and national peace and prosperity," he said while addressing during inauguration of the new compound of Chinese Embassy held recently here.

The ambassador expressed the happiness that under the leadership of the present Pakistani government and with the joint efforts of the people from all walks of life, Pakistan had made remarkable achievements.

"We are fully confident that the future of China-Pakistan relationship is broad and bright. We'd like to work with Pakistan with unremitting efforts, to translate the grand blueprint formulated by our leaders and our shared dreams into reality in the years to come," he added.

He said that this year, Chinese President Xi Jinping paid a successful state visit to Pakistan. The two nations made the plan for the future direction of China-Pakistan relationship together.

"Now the China-Pakistan substantive cooperation is in full swing and the construction of China-Pakistan Economic Corridor is a proof of this," he added.

Sun Weidong said that the CPEC, as a significant part of the Belt and Road Initiative, was based on the principles of broad consultation, joint contribution and shared benefits.

"It is a corridor that covers Pakistan and benefits the Pakistani people and combines the complementarities of both countries for win-win cooperation and common development." He said that the corridor would help strengthen regional connectivity and promote peace, stability and development.

While commenting on new compound, he said it was now the largest one by land area among all Chinese embassies in the world.

Sun Weidong said that it would serve as a window and platform for all the friends to have a better understanding of the Chinese culture and civilisation. He termed the completion and launching of the compound as testimony to the all-weather friendship between China and Pakistan. He said that the land, premises and ancillary facilities of the original compound of the Chinese Embassy would be returned to the Pakistani government.

He announced that on the approval of the Pakistani government, the permanent address of the New Compound of the Chinese Embassy in Pakistan would be "No. 1, Zhou Enlai Road, Diplomatic Enclave (Extension), Islamabad".

Premier Zhou Enlai, the founder of China-Pakistan friendship, is also the great Chinese leader who has been deeply loved by peoples of the two countries.

"We feel very proud to have the Chinese Embassy in Pakistan located on the road named after our beloved leader," he added.