CPEC offers valuable insights for regional cooperation

Cross-border economic cooperation that has seen concrete achievements in the China-Pakistan Economic Corridor, or CPEC, offers valuable insights for regional economic cooperation and shared prosperity in the whole region, according to speakers at a panel discussion at Boao Forum for Asia.

Khalil Hashmi, the Pakistan ambassador to China, said through building the CPEC fresh impetus has been added to the country in the field of infrastructure, transportation systems, economic growth, employment and even its regional connectivity.

As part of the Belt and Road Initiative, the CPEC is a straightforward framework for regional cooperation and connectivity in Asia, Hashmi stressed. In the last 11 years, over 50 projects in Pakistan have been born out of the CPEC, building a much smoother electricity transmission line that delivers more and stable power to Pakistan's cities. Nearly 2 million job opportunities have been created in Pakistan under the CPEC, he added.