Staff Report
ISLAMABAD: China’s policy of openness featured by the Belt and Road Initiative (BRI), as well as the concept of a community with a shared future for mankind, would be key to help revive global economy amid severe challenges posed by the COVID-19 pandemic, Chairman of the China-Pakistan Economic Corridor (CPEC) Authority Asim Saleem Bajwa said. “At the time when the global economy is going through recession due to the pandemic and countries including the most developed are looking for the recovery, China is open to make BRI a joint venture of prosperity for the world,” Bajwa said at a conference on the BRI convened by a Pakistan-based think tank the Sustainable Development Policy Institute.
The BRI and the concept of a community with a shared future for mankind have emerged as a beacon of hope and relief for the world, said the chairman, adding that China had already shown its intent of sharing prosperity well before COVID-19 by launching the China International Import Expo and inviting the whole world to export their products and commodities to China, and the same role can be played through CPEC in South Asia.
CPEC, a landmark project of BRI in Pakistan, has picked up pace in the past few months, and Pakistan is working to find new avenues for further strengthening its economic relations with China and expedite cooperation under CPEC, he said.
