PM Shahbaz Sharif had a meeting with China’s President Xi Jinping on Wednesday to discuss the financial stability and construction projects.
The leaders met at the Beijing’s Great Hall of the People during PM Sharif’s two-days visit to China.
In this meeting, PM Shahbaz Sharif and President XI Jinping discussed “broad-based cooperation in economy and investment and exchanged views on regional and global developments”.
President Xi suggested that China and Pakistan should move forward with the construction of China-Pakistan Economic Corridor (CPEC) which is worth $60 billion.
China’s President also mentioned the Gwadar Sea Port and said that both countries should focus on accelerating the construction of infrastructure of the Sea Port.
The Chinese President and Prime Minister Shahbaz Sharif both agreed to strengthen the strategic relationship between Islamabad and Beijing.
Xi Jinping discussed the important projects for Pakistan including the Mainline-1 railway upgradation and Karachi Circular Railway.
President Xi said that both countries should work together and create conditions to implement the projects as early as possible.
China is willing to strengthen the connection between two countries by supporting digital economy, e-commerce, and other energy sources.
Pakistani Prime Minister Shahbaz Sharif thanked Xi Jinping for his “invaluable assistance to Pakistan’s relief and rehabilitation work” after the recent floods that hit Pakistan.
PM Sharif also said that Pakistan takes great inspiration from China’s socioeconomic stability, development and national resolve for progress and prosperity.