Research Notes Cpec: Mutually Beneficial Growth Opportunities For China And Pakistan

Xu Ming of Donghua University, China, has recently spoken about CPEC and has very rightly emphasized on developing an insight in to beneficial relations of China and Pakistan in light of opportunities that are embedded in CPEC. Our understanding of the Coastal City of Gwadar and its role in China-Pakistan Economic Corridor is based on preliminary data available. CPEC is carried out in a vast territory of Pakistan, which is definitely national strategy with global inference sense. Gwadar Port is located in Balochistan’s south coast, which is currently less developed, so with the Port’s economic function, it will be an economic pivot for CPEC, and a great increase in the economic rate is expected. There is a famous Chinese saying which means, “lf you want to be rich, the first thing you need to do is to construct Road†(Xiulu). Chinese economic reform story revolves around the construction of communication infrastructure. China mainly developed 14 ports and roads in the coastal cities, like Dalian Port, Qinghuangdao Port, Yantai Port, Qingdao Port, etc., all of them are well developed and well established now. We can anticipate country’s economic development from growth statistics of its ports. For example the Statistics Bureau and World Bank data depicts some renowned ports and highlight the growth trend in the country.