China’s Vice Premier He Lifeng lands in Pakistan to celebrate 10th CPEC anniversary

 Chinese Vice Premier He Lifeng is to arrive in     Pakistan today to celebrate a decade of CPEC

Chinese Vice Premier's Visit to Pakistan

Today marks a momentous occasion in the China-Pakistan Economic Corridor (CPEC) project as Chinese Vice Premier He Lifeng arrives in Pakistan to commemorate its tenth anniversary. The federal government extended a warm invitation for the three-day visit, which begins on July 30th.

Chinese Vice Premier's Visit to Pakistan

During his stay, Vice Premier Lifeng will be the esteemed chief guest at a grand ceremony dedicated to celebrating ten years of CPEC. The Foreign Office (FO) recognizes his pivotal role in China's international economic relations, particularly in the successful execution of various CPEC projects in Pakistan. As the former chairman of China's National Development and Reform Commission, They played a vital role in planning and implementing these projects.

Chinese Vice Premier's Visit to Pakistan

Apart from attending this ceremony, the Vice Premier's essential meetings with Pakistan's Prime Minister Shehbaz Sharif and President Dr Arif Alvi. These high-level exchanges signify the deep importance both countries attach to their all-weather strategic cooperative partnership.

Anticipating the celebrations, the district magistrate of Islamabad issued a notification declaring the closure of all public and private schools, universities, colleges, private companies, markets, shops, and commercial banks on July 31st (Monday) and August 1st (Tuesday).

Understanding CPEC:

Chinese Vice Premier's Visit to Pakistan

The China-Pakistan Economic Corridor (CPEC) initiative comprises diverse infrastructure and development projects established across Pakistan. Its primary objective is to modernize Pakistan's transportation networks, stimulate its economy, and create numerous energy projects, especially in the economic zones.

CPEC's foundation was laid with key agreements signed in 2013, and term sheets were formalized during President Xi Jinping's visit to Pakistan in 2015. https://en.wikipedia.org/wiki/Economics in November 2016, CPEC achieved a significant milestone when Chinese cargo was transported overland to Gwadar port for onward maritime shipment to Africa and West Asia.

Under Beijing's Belt and Road Initiative:

Under Beijing's Belt and Road Initiative, Pakistan has received substantial direct Chinese investment, amounting to $25.4 billion, for various transport, energy, and infrastructure schemes under the flagship connectivity and investment corridor project.

These ongoing developments under CPEC have paved the way for Pakistan's infrastructural growth and economic advancement, forging a stronger relationship between China and Pakistan for mutual progress.

Chinese Vice Premier's Visit to Pakistan

Foreign Office Spokesperson Mumtaz Zahra Baloch has emphasized that Vice Premier Lifeng's visit is part of the regular high-level exchanges and dialogues between Pakistan and China. It serves as a testament to the unwavering commitment of both nations to strengthen their All-Weather Strategic Cooperative Partnership. The extension of CPEC to Afghanistan marks a significant step towards fostering regional connectivity and prosperity. As these three nations collaborate closely, the Belt and Road Initiative continues to create opportunities for shared growth and development. In conclusion, the trilateral commitment to extending CPEC to Afghanistan signifies a moment of great promise for the region. Through strengthened cooperation and partnerships, this initiative is set to unlock new avenues for economic progress and closer ties between Pakistan, China, and Afghanistan.

Chinese Vice Premier's Visit to Pakistan

Excitement mounts as Chinese Vice Premier He Lifeng is poised to arrive in Pakistan today for a momentous three-day visit.