China, Pakistan strengthen economic cooperation with ambitious corridors, despite global challenges: Chinese Ambassador
China to work with Pakistan to jointly build a growth corridor, a livelihood-enhancing corridor, an innovation corridor, a green corridor and an open corridor, said Chinese Ambassador to Pakistan Jiang Zaidong.
As for the temporary difficulties faced by CPEC construction and even the entire China-Pakistan practical cooperation, there are both constraints from Pakistan’s security environment and the impact of the global economic downturn. He told reporters here that the first thing to solve is not what to do, but how to look at it. The key is to hold confidence.
“For example, Pakistan’s new government has only assumed office for a few months, and Pakistan’s GDP has returned from negative growth and achieved a positive growth of 2.4%.”
Pakistan’s CPI has dropped from 28.7% at the beginning of this year to 6.9% last month, reaching a new low in 44 months.
As for the long-standing foreign exchange reserve issue, Pakistan’s foreign exchange reserves rose to nearly $16 billion last month, reaching the highest over the past several years.
Therefore, when he visited Karachi and Lahore recently, I especially told Chinese and Pakistani entrepreneurs will thank the efforts made by Pakistani government under the leadership of Prime Minister Shehbaz Sharif, and to have confidence in your country’s development prospects.
The better Pakistan develops the more favourable conditions China and Pakistan have to promote cooperation.
As President Xi Jinping pointed out, conditions are not static. If you actively strive for them, they may get better. If you don’t work hard, they will definitely get worse. This is called “the matter depends on the individual.”
