ISLAMABAD - Ambassador of People’s Republic of China Sun Weidong has said CPEC created over 10,000 jobs for Pakistani people, saying that the project will usher in new era of development.

He made these remarks while addressing a function arranged by Poverty Alleviation Alliance. He said China-Pakistan friendship is unique and unparalleled in the world. It is deeply rooted in the hearts of people of both countries.

He said that figures show that China’s economy is stable and progressing steadily. He highlighted, “We are also streamlining the administration delegating more powers and transforming government functions. We are also further reducing corporate tax and easing market access for private businesses.” “We are also promoting new technologies such as internet plus, big data etc. China’s economy now has entered new era. We are making it slim but healthier. So I can say China’s economy has bright future”.

The Chinese President in 2013 announced Belt and Road initiative. And over the past three years the Belt and Road initiative has progressed smoothly. It will not only promote regional connectivity but would also generate jobs for locals, he added.

China Pakistan Economic Corridor (CPEC) is the major and pilot project of the Belt and Road initiative. It is also the main platform for substantial cooperation between China and Pakistan. Right now CPEC has entered into comprehensive implementation phase and making smooth and gratifying progress. CPEC is delivering benefits to the people of Pakistan. According to the facts, CPEC has created jobs for over 10,000 local people. More and more people would benefit from vocational training and overseas studies in China.

He said China duly recognized the role of the Pakistan government and the relevant ministries and department to advance CPEC. He also appreciated the role of Pakistan Army for providing the security to this project. Smooth progress of CPEC has also greatly promoted people to people exchanges between the two countries. “From early this year we are celebrating 65th anniversary of our diplomatic ties. We have successfully held a series of activities in this regard.”

He said these activities have strengthened people to people contacts and mutual understandings between the two countries. “I assure you, we will continue these activities even in the coming days”.