*China termed Saudi Arabia’s participation as a third party in the multi-billion dollar China-Pakistan Economic Corridor (CPEC) project to be a ‘positive factor.’*
“CPEC is an important project under the Belt and Road. Since the Belt and Road Initiative was put forward five years ago, the Chinese side has been following the principle of wide consultation, joint contribution and shared benefits, which also applies to the CPEC ,” said Chinese Foreign Ministry spokesman Lu Kang while responding to Pakistan’s invitation to the Saudis to invest in the bilateral development project, on Monday.
“Such cooperation for development has always been an open, transparent and aboveboard process. On the basis of wide consultation, if any other party can contribute to better interconnectivity, development and prosperity of this region, this surely makes a positive factor,” added Lu Kang.