The construction of China-Pakistan Economic Corridor: Challenges and Policy options

Affected by various factors, the China-Pakistan Economic Corridor (CPEC) is currently confronting main problems in the course of its construction including instable political situation in Pakistan, rampant terrorist activities along the route of CPEC, high government indebtedness in Pakistan, unfavorable business environment in the country and unsymmetrical China-Pakistan trade volume.

In order to promote the construction of CPEC in the new era, China needs to give a full play to the important role of the government and enterprises as well as other social sectors. It is suggested that both sides should focus on the differences of respective concerns about interests, consolidate the foundation of governmental cooperation in the two countries, strengthen high-level exchanges, expand bilateral people-to-people exchanges and deepen economic and trade cooperation.

China needs to improve the risk prevention and control countermeasures, safeguard its interests in Pakistan and build a multi-tiered security network. In addition, China also needs to improve the planning and operation capabilities of enterprises to conform to the development of CPEC and the enhancement of corporate interests, strengthen China-Pakistan scientific and academic exchanges and cultivate an intellectual-based mechanism to bolster high-level academic exchanges conducive to CPEC construction, joint research in key fields and the sharing of relevant knowledge and information.

"Monitoring Desk"

RELATED POSTS

83
Peace In Afghanistan and CPEC to help generate opportunities for the youth: Speaker NA
PM Imran Khan praises Chinese support, says China has been helpful in many areas
0.7 Million jobs likely under CPEC by 2030
Power generation capacity of Port Qasim power plant equivalent to 10 percent of national power generation capacity
CPEC energy projects undergoing rapid construction
China confirms pledging financial assistance to Pakistan
NHA plans construction of sections of CPEC Western Route, project to complete by end of 2019
CPHGC’s Unit 1 successfully synchronized with Pakistan national grid
Chinese Embassy clarifies CPEC debt article
Chinese industrial group to establish ceramics unit in Faisalabad
Chinese Embassy provides details on the latest progress of CPEC
Work on the New Gwadar International Airport, vocational training center and friendship hospital to begin in the first quarter of 2019
Six Pakistani entrepreneurs graduate from UNCTAD, Alibaba’s fellowship
China donates Rs6m more to families of martyred cops
Pakistan coming on track by enhanced export, trade volume with neighboring countries

FOLLOW US


About Corridor.pk

Corridor.pk is Pakistan’s leading regional connectivity media & communication/outreach platform, dedicated to profiling and promoting the business activities, news and views on the regionally connected business corridor across OBOR. 

     

Addional Information

 Ethics Policy     Advertise
 Terms & Conditions
 Contact Us