BEIJING, October 16 — China’s experience in the construction and development of ports and basic infrastructure is definitely benefiting Pakistan, and it is expected that Gwadar will soon become the ‘Silicon Valley’ of Pakistan and as a center for the promotion of economic activities in the region may appear. and world level.
If we talk about Gwadar, this city is also called the city of fishermen, like Shenzhen, the first special economic zone of Chin.
Gwadar is crucial in the construction of China Pakistan Economic Corridor (CPEC) and projects such as Gwadar Port, Gwadar Airport and Gwadar Free Zone are among the priorities of the Government of Pakistan.
Gwadar seemed to be a center of industrial and investment activity in Pakistan China Radio International (CRI). Urdu commented on Friday. China is also helping Pakistan build Gwadar Port, a natural deep-water port that sets it apart from other nearby ports.
Gwadar port is also due to its strategic geographical location which is very important because it is located at the head of the Gulf of Oman and the Persian Gulf, which can easily establish trade relations with other countries in the region.
Under the CPEC, nine special economic zones will be set up in Pakistan to promote industrialization, which will certainly increase Pakistan’s exports, create a wide range of jobs and help Pakistan’s connection with Central Asian states, including China. And trade ties with other regional countries will be improved.
In the field of economic zones, there is great scope and potential for cooperation and exchange between China and Pakistan. China is known worldwide for the construction and development of special economic zones. And recently addressed the 40th anniversary of the founding of the country’s first “Special Economic Zone of Shenzhen”. ?? Chinese President Xi Jinping has promised to further expand reform and openness.
The importance of the special economic zone can be deduced from the fact that Shenzhen was considered a small town known for its fishing, but in just four decades the town became a modern city and is known today as China’s ‘Silicon Valley’ because of its tremendous economic activity.
During the journey from 1980 to 2019, the city’s GDP grew by 20.7% annually to US $ 400 billion. Shenzhen’s total imports and exports were US $ 431 in 2019.
The standard of living of people has changed dramatically and they have access to quality services in all areas including education, medical care, housing and more. In light of these facts, Shenzhen is today considered one of the best and most exemplary models for sustainable development in China.
The traditional strong friendship between China and Pakistan grows stronger with time. The two countries are not only strong supporters of each other on global and local platforms, but also want strong economic and social development from each other.
In terms of development, the China Pakistan Economic Corridor (CPEC) has recently become a strong foundation for stable economic relations between the two countries.
The construction of CPEC projects in Pakistan is in full swing and Prime Minister Imran Khan said that the whole country is united for the protection and construction of CPEC. In the long run, CPEC aims to develop not only Pakistan but also the region as a whole.