As the China-Pakistan Economic Corridor (CPEC) moves into its second phase, Pakistan has described China’s development model as a guiding example for its economic transformation. The remarks came during Planning Minister Ahsan Iqbal’s meeting with Chinese Vice Foreign Minister Sun Weidong in Beijing, where both sides reaffirmed their commitment to deepening bilateral cooperation.
CPEC, a cornerstone of China’s Belt and Road Initiative (BRI), initially focused on power generation and connectivity projects. Now, the second phase will prioritize industrialization, business-to-business (B2B) partnerships, and technology transfer.
Iqbal emphasized Pakistan’s aim to shift toward an export-oriented and technology-driven economy, inspired by China’s development success. He cited Pakistan’s URAAN initiative, a reform-focused program to build a skilled workforce aligned with CPEC Phase II needs, as a key part of this transition.
“China’s model offers valuable lessons as we work to develop sustainable growth and industrial capacity,” said Iqbal. He noted that enhanced B2B engagement would play a central role in expanding the corridor’s scope and accelerating Pakistan’s industrial growth.
The minister also acknowledged China’s continued support during challenging geopolitical moments, including recent tensions with India. He called the Pakistan-China relationship one of enduring strength, rooted in mutual trust and strategic alignment.
Vice Foreign Minister Sun reaffirmed China’s support for Pakistan’s development ambitions, calling Islamabad’s reform agenda a step toward economic stability and self-reliance.
The renewed focus under CPEC Phase II marks a shift from infrastructure to economic integration, with both nations aiming to build stronger commercial and technological ties in the years ahead.
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